Over Redmond’s first 40 years, population grew slowly from 303 residents in 1912, to 573 residents in 1950, and 1,426 in 1960. 2000 estimates had the population close to 50,000. In 1963, the Evergreen Point Floating Bridge was completed and today, the population has multiplied to over 40,000.
Redmond enjoys a diverse and growing economic base. Redmond is home to some of the major high-tech firms in the country, including Microsoft, Nintendo of America, Allied Signal Avionics, Primex Aerospace Company, Spacelabs Medical, and Physio-Control. Redmond is also the headquarters of such businesses as Eddie Bauer and Genie Industries, and is the regional headquarters of Safeco Insurance Company. The city’s strong retail sector was dramatically enhanced by the Redmond Town Center, a 1.4 million square foot commercial development.
The effort to meet the needs of people benefiting from this economic growth has brought its own boom. Redmond is the fifth largest city in King County, with the fifth fastest growth rate from 1990 to 1997. The high concentration of high-tech, high-paying jobs ranks Redmond 20th of 522 urban areas in affluence.
Developed in the early 1970s, before the freeway reached Redmond, Marymoor Park preserves a broad expanse of the Sammamish Valley. Marymoor is an active regional county park, including such features as a climbing wall, a field for radio-controlled airplanes and a velodrome - an oval bicycle track for organized racing. An off-leash exercise area offers dogs and their owners a chance to socialize.
Redmond also has the distinction of being known as "the Bicycle Capital of the Northwest." The State's only indoor-cycling velodome is located in the City along with an annual bike race through the streets.
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Bellevue 10 minutes
Downtown Seattle 20-25 minutes
The downtown commercial core of Redmond continues to experience new apartment and condominium development and redevelopment of older properties. Commercial amenities have followed creating an environment where great restaurants and shopping can be right outside your door.Outside of downtown Redmond you will primarily find residential neighborhoods with large numbers of private homes and large, sprawling apartment complexes located on or close to the major arterials. Around the Microsoft campus is where the highest concentration of these properties exists.
Microsoft's hiring pace in large part determines demand and pricing of rental options in this area and the areas closest to Redmond. At times of accelerated hiring units close to campus become scarce which results in a rapid price increase. If you are looking for a private rental home in this area there is often adequate inventory to choose from. Homes close to Microsoft and in the newer developments closer to Bellevue tend to be more expensive and often rent quickly. As you go further north towards Woodinville or further east up on the Plateau north of Sammamish price-per-square-feet for these less centralized locations tend to drop.