One of the city's major employment areas, the Bel-Red Corridor features:
- 27 percent of all the commercial and industrially-zoned land in Bellevue;
- More than 50 percent of all land in the city zoned for light industrial use;
- Approximately 20 percent of the city's total employment; and
- More than 2,000 businesses.
However, in the 1990s and 2000s, some large employers moved out or reduced operations, in part due to changing market pressures in the area. Between 2005 and 2009, the City of Bellevue worked with businesses, residents and other stakeholders to determine the Bel-Red area’s role in the city’s overall plan for growth and economic development.
With a newly adopted vision, Bel-Red is now poised to become a model for planning that represents a tremendous opportunity for local, regional and state collaboration in achieving transportation, growth management and economic development goals. The Bel-Red Vision: “To develop a sustainable urban development pattern that dramatically reshapes the future of Bel-Red while allowing the area to transition gracefully from its past.”