The City of Portland declared that it’s on track to meet housing bond’s goals, according to the Oregonian. At a press conference it was announced that nine projects will receive funding through the bond: 115th at Division Street in Powellhurst-Gilbert; Alta at 18th in Northwest; Anna Mann House in Kerns; Cathedral Village in Cathedral Park; The Joyce Hotel in Downtown; Las Adelitas in Cully; NE Prescott in Cully; the Stark Street Project in Glenfair; and the The Westwind in Old Town.
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The Portland Business Journal reported that Laurelhurst’s Mann House could become affordable housing. Nonprofit developer Innovative Housing is under contract to purchase the mansion, with plans to turn it into 80 apartments. Rents would be affordable to families with incomes of between 30 and 60 percent of the median family income.
Two proposals in Old Town Chinatown are moving forward*, according to the Daily Journal of Commerce. At Block 25 Key Development is proposing an eight story cross-laminated timber building and a nineteen story tower. The project team includes Japanese firms Shigeru Ban Architects and Earthscape, along with Portland’s GBD Architects. At 4th & Burnside Colas Development is proposing a building of between five and seven stories, with a multicultural food venue; office space on the second floor for Colas and the Bing Kong Tong Chinese Benevolent Association; and housing above that.