Seattle-based developer Urban Renaissance Group is interested in purchasing in the Oregonian Publishing Buildings at 817 SW 17th Ave, according to a story in The Oregonian. Working with GBD Architects, the developer is looking at a two block project that “would range from 86 feet to 160 feet in height”.
The Willamette Week reported that “Portland’s scorching-hot apartment rental market may finally be cooling down—at least at its upper reaches.” The recently completed Block 17 apartments are currently offering six weeks of free rent, in order to help fill the 166 vacant units in the 281 unit building.
The Oregonian wrote about how “big out-of-town money” is buying up Portland rentals.
The Planning and Sustainability Commission declined to recommend a proposal to add parking minimums for new development in the Northwest Plan District, reported Portland Shoupistas.
FamilyCare Health will contribute $2 million to the Asian Health and Services Center in Lents Town Center, according to a story in the Portland Business Journal.
An article in the Portland Tribune questioned whether the planned capacity of the PSU Viking Pavilion will be enough. Original plans for the project in 2012 were for a 5,000 seat facility. As now envisioned the arena will seat between 3,000 and 3,100.
The Hollywood Star News wrote about the City Council’s unanimous approval of the N/NE Neighborhood Housing Plan, a “five-year plan for investing an additional $20 million in tax increment financing funds from the Interstate Corridor Urban Renewal Area”.