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Creating outstanding retail, office, and flex spaces in Puget Sound since 1984

Our buildings make business happen

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Who We Are

  • Business Property Development is a family-owned developer and operator of retail, office, and flex properties.

    Based in Canyon Park on the north side of Bothell, we focus on Puget Sound’s I-5 Corridor. Our business is geared towards providing space for small and medium-size enterprises: From restaurants and grocery stores to clinics, banks, yoga studios, and technology companies.

    We also count many brands with nationwide reach among our tenants, including McDonald’s, Starbucks, and Chipotle.

  • Beginning in 1984, Roger Belanich developed Canyon Park Business Center, located at the strategic I-405 and WA-527 (Bothell-Everett Highway) interchange.

    “CPBC” remains one of the primary employment centers in Greater Seattle, and has been a major driver in the region’s spectacular growth in recent decades, particularly in the Technology and Life Sciences sectors.

    Our office is located within the Plaza at the Park shopping center, at the main entrance to CPBC from Bothell-Everett Highway.

  • Today, we continue to partner with small (and large) businesses to provide high-quality, cost-effective spaces in which to grow.

    We believe long-term thinking is necessary for durable success in commercial real estate. Our ownership and employees are committed to stewarding the land with which we are entrusted, improving the communities in which we work, and providing opportunities for the people and companies with which we partner to prosper.

Shopping Center Portfolio

  • Thrashers' Corner Shopping Center

    Experience the convenience and community of shopping local at our vibrant neighborhood retail center.

  • Plaza at the Park

    Elevate your business at our prime corner location in the bustling Canyon Park Business Center.

  • Crystal Creek Shopping Center

    Drive your business forward with ease from our unbeatable location just moments away from the highway in the heart of Bothell.

  • Canyon Park Commons

    Discover something new at our modern retail center, home to a diverse array of delicious food options.