Redmond, Washington is located 10 miles East of Seattle across Lake Washington. Redmond is the home to Microsoft, Nintendo, and Safeco Insurance. This bicycle capital of the Northwest is well known for its cycling history and has a velodrome, for cycle racing, located at its Marymoor Park. Redmond is known for its affluence due to its large number of highly paid tech workers. Redmond is another fast growing area of Washington State, and Microsoft plans to build more office space over the next couple of years with a price of more than one billion dollars.