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.
Old Town’s Greyhound Station has closed, reports the Oregonian. The two-acre is now listed for sale as a redevelopment site.
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.
New apartments are coming to a site formerly occupied by a Firestone auto shop, reports the Portland Business Journal. Amara at 15 NW Park Ave will include 138 residential units.
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