We're working with the City of Redmond to support TOD at the future Overlake Village Station, with the primary goal of creating much-needed affordable housing. TOD could also include a mix of ground-floor retail and community spaces to support that new housing as well as help foster a vibrant neighborhood that’s seamlessly connected to regional transit.
Over the past couple of years, Sound Transit, the City, and other partners have investigated how to support TOD at Overlake Village Station. First, Sound Transit conducted community engagement in 2021 and 2022, through which we learned a lot about the community’s vision for TOD near the new station and what sort of needs it could fill (read our report on that equitable community engagement process here). In addition, Sound Transit conducted a feasibility study to determine what could be built on the site.
Based on this information, Agency staff presented an offering strategy to the Sound Transit Board of Directors, which approved offering this site to Qualified Entities – non-profit housing developers, public housing authorities, and local governments – for the development of affordable housing. With this course of action approved, the Agency published a Request for Proposals (RFP) seeking Qualified Entities for the redevelopment of the site on November 9th.
Qualified Entities interested in learning more about the development opportunity at Overlake Village Station are invited to attend a pre-proposal meeting at Redmond City Hall (Conference Room 127) – 15670 NE 85th Street Redmond, WA – on Wednesday, November 16 from 1pm to 3pm.
The RFP will remain open until January 31st, 2023. Sound Transit hopes to select the winning proposal(s) by April 2023, and to bring the key terms for the Sound Transit Board of Directors for review & approval by October 2023. Sound Transit TOD anticipates that the project will break ground before the end of 2025.
Sign up here to get updates and to learn more about the future of the Overlake Village Station TOD properties.
- Two acres of land (roughly the size of two football fields) are available for affordable housing development
- Site has potential to support 250-350 housing units
- Site groundbreaking anticipated in 2025
- View our Overlake Village Station TOD project fact sheet
Learn more about Sound Transit's transit-oriented development program.