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Bellevue council approves redevelopment plan for Quail Crossing workforce housing
Summary
The Bellevue City Council unanimously approved a redevelopment plan for a 96-unit workforce housing project by Great Lakes Capital at Lot 6 of Tiller's Fourth (location given as 1724 Wilshire Drive), including a request for $1.5 million in TIF assistance; rezoning will return to the council at a later meeting.
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Bellevue City Council on Tuesday approved a redevelopment plan for Lot 6, Tiller’s Fourth, clearing the way for a 96-unit workforce housing project proposed by Great Lakes Capital.
The council voted unanimously to adopt Resolution 2025-13 after a public hearing. The applicant, represented by Brent Beller and Nick Godey of Great Lakes Capital, said the project will include 22 one-bedroom, 45 two-bedroom, 19 three-bedroom and 10 four-bedroom units and seeks $1.5 million in tax-increment financing (TIF) support. Brent Beller said the total project budget is roughly $28,000,000 and that the developer expects to use low-income housing tax credits and tax-exempt bond financing to cover a portion of costs.
The plan matters because it is intended to add moderate-cost housing near Highway 370 and a major commercial corridor. Beller described the project as “workforce housing,” saying eligible households would be in the 40–80% area median income (AMI) range. He told the council the developer expects one-bedroom entry rents around $700 per month and four-bedroom entry rents about $980 per month for units restricted at the lower end of the AMI range. Beller said the developers project a taxable valuation of about $11,000,000 for the finished project and estimated the city’s requested $1.5 million TIF contribution would be paid off in roughly 12 years based on that projection.
During council questions, Councilwoman Welch asked for clarification on rents and eligibility; Beller said households must be income-certified to qualify. Councilor Nucacy asked about the site’s blighted and substandard designation; Tammy, a city planning staff member, told the council the area was designated blighted and substandard in February 2007 and that current state statute provides no formal process to remove that designation once made. The applicants said rezoning for the site will be handled at a later meeting if the redevelopment plan proceeds.
Nick Godey, who said he manages Great Lakes projects in the Midwest, answered questions on the company’s experience and said the firm manages projects in Iowa and other Midwestern states.
The public hearing drew no speakers opposed to the plan. After comments and questions, Councilwoman Collins moved to approve Resolution 2025-13; Councilwoman Welch seconded. The vote was unanimous.
Next steps: the applicant will return for rezoning and site-plan approvals before construction can begin; the developers said they hope to start construction in early 2026 if approvals proceed on schedule.

