Weekly Roundup: Hotels booming, Multifamily cooling, Schools bond and more

129 SE Alder

129 SE Alder is the latest creative office development in the Central Eastside

The Oregonian reported that Portland’s hotel boom—which includes the Cornelius-Woodlark, Canopy Hotel, Porter Hotel, AC Hoteland the Convention Center Hotel—will by 2020 result in 40% more hotel rooms than there are now.

The Willamette Week opined that “Portland City Hall seems to have learned its lesson about parking minimums raising rents” as the City Council struck down a proposal to add parking minimums for new residential development in the Northwest Plan District.

The DJC reported* that the Metro area multifamily market is beginning to cool as “after years of apartment development, supply appears to be starting to make a dent in demand”.

Harsch Investment Properties revealed a new creative office projected planned for 129 SE Alder St (previously 110 SE Washington St) to the Portland Business Journal. The design of the 9 story building is by Works Partnership.

According to The Oregonian, Portland Public Schools will seek voter approval for a $750 million construction bond in November. If passed, the bond would pay for the rebuilds of Lincoln High SchoolMadison High School and Benson High School.

The Portland Business Journal reported that Mill Creek Residential Trust paid Meriwether Partners $13.2 million for the former Premier Press building in the Pearl, a significant increase over the $6.05 million paid for the property in 2014. The transaction will allow the mixed use project at 505 NW 14th Ave to grow larger, at the expense of the now cancelled 1440 Hoyt office development.

*This article will be unlocked for the rest of this week. After this week it will only be viewable by DJC subscribers.

Metro Reports: Benson High School, Restoration Hardware, Holladay Park Plaza East and more

19th & Quimby

A building permit is under review for the 19th & Quimby apartments

Every week, the Bureau of Development Services publishes lists of Early Assistance applications, Land Use Reviews and Building Permits. We publish the highlights.

SERA Architects have requested Design Advice for a project at 905 NW 17th Ave:

Type III Design Review for a new 6-8 story mixed use building with 140-190 residential units, ground floor retail and below grade parking – approximately 70 spaces.

Scott Edwards Architecture have requested Early Assistance for a project at 5045 SE Foster Rd:

Proposal is to construct a new four story mixed used building with ground floor retail and three levels of residential apartments. On-site parking of 15 stalls will be included.

Encore Architects have requested Early Assistance for a project at 20 NE 14th Ave:

New 6 story multi use 190 unit apartment building, retail and living on the 1st floor, 100 parking spaces provided.

Early Assistance has been requested for a project at 14601 SE Division St :

Demo existing resteraunt – new construction of Fred Meyer gas station with 6 dispensers, 12 fueling stations with small cashier kiosk, propane tank, air/water station, restroom/breakroom building and trash enclosure

DOWA-IBI Group have requested Early Assistance for work at Benson High School:

Master planning for modernization and addition of the existing Benson Polytech High School Campus.

A building permit is under review for NW 19th & Quimby:

New 6 story apartment bldg. w/ 88 units. PT podium with 5 stories wood frame construction above w/ on grade parking.

A building permit is under review for a project at 664 SW Grant St :

Construct new 3 story, 5 unit apartment building, no parking, includes associated site work, sloped lot

CIDA Architects have applied for a building permit for a project at 422 NE Dekum St :

Construct new 4 story, 22 unit apartment builidng, one unit is live/work, no parking, trash and bike storage at main level, includes associated site work

A building permit is under review for a project at N Failing & Vancouver:

Construct new 5 story mixed use building with below grade parking, main floor retail and 4 levels of 50 apartment units, eco-roof, includes associated site work

A building permit is under review for a project at 8636 SE 17th Ave:

Construct new 2 story mixed use building; main floor to include two tenant spaces; proposed tenant b space to be used as daycare; tenant a (no occupancy this permit) second fl to include (4) apartment units

A building permit is under review for Holladay Park Plaza East at 1300 NE 16th Ave:

New 2 story above grade 10 unit adult living apartments with 2 levels of underground parking

Ankrom Moisan Architects have submitted the new Restoration Hardware at NW 23rd & Glisan for building permit review:

New 3 story construction with basement parking garage and additional rooftop story comprising stair enclosure, open air pavilion and trellis structure