Block 6 will be the next part of the OHSU Schnitzer Campus to be built out. The building will front onto SW Bond Ave, which is currently under construction.
The Portland Business Journal reported on the OHSU Schnitzer Campus Block 6, which form the next phase of the hospital’s South Waterfront development (subscription required). The hospital intends to build a $75 million parking structure with 1,200 spaces. The Portland Housing Bureau and a developer will fund the construction of a $40 million 121-unit affordable housing component.
The PAE Living Building proposal for Old Town drew praise* from the Historic Landmarks Commission, writes the Daily Journal of Commerce.
230 Ash is currently under construction in Old Town, and will include 133 residential units over ground floor retail.
The Daily Journal of Commerce wrote about an “exciting time” for 230 Ash, the first of the Goodman family’s ‘Ankeny Blocks’* to be developed. The project is currently being framed, and is expected to be complete in October.
The Willamette Week wrote about a “beloved urban hot tub oasis” that is now under threat, now that the parking spaces it leased at 2821 NE Everett St is being redeveloped into a 118-unit apartment building.
Mayor Wheeler supports Speaker Kotek’s proposal to end the ban on duplexes, triplexes and fourplexes in Oregon cities of over 10,000 people, writes the Willamette Week. He also offered “measured support” for the tenant protections and rent control bill proposed.
Prosper Portland is moving forward with design work on an office building to be built on top of the parking garage currently under construction across from the Convention Center.
Prosper Portland intends to move forward with an office building on top of the garage adjacent to the Convention Center Hotel, reports the Oregonian. The 100 Multnomah office building would add 118,000 square feet of rentable office space on top of the currently under construction parking garage.
Bloomberg wrote about Portland’s opportunity zones, which include most of Downtown, the Pearl and the Central Eastside. A part of the 2017 federal tax overhaul, the zones allow investors to reduce taxes on capital gains—with investments held for 10 or more years exempt from capital gains tax.
The Portland City Council approved financing for the N Williams Center, reports the Portland Mercury. The 61-unit apartment building will include 40 units for renters who earn less than 30 percent of area median income (AMI) and 20 units for those earning less than 60 percent AMI.
The charter investors backing the Portland Diamond Project were revealed.
Multnomah County intends to purchase the Modish Building at 333 SW Park, for use as a mental health and addiction resource center. A previous proposal for the 4-story building would have seen it converted into creative office space.
The Albina Vision would include a new waterfront public space, at the concourse level of Veterans Memorial Coliseum. The park would span over N Interstate Avenue and the freight rail line.
The Daily Journal of Commerce wrote about the Albina Vision, an effort by civic leaders to heal the district with intentional development that reverses displacement, with new public spaces, mixed income housing and cultural buildings.
The Oregonian reports that ground has been broken on the Fourth and Montgomery Building, the downtown classroom, clinic and office building that will house programs of three higher education institutions and Portland’s city government.
The Oregon Harbor of Hope could be open by this summer. Originally planned as private endeavor, the shelter and navigation center will receive $1 million in funding from the Joint Office of Homeless Services, reports the Oregonian.
*This article will be unlocked for the rest of this week. After this week it will only be viewable by DJC subscribers.
The proposed Hyatt Place at NW 12th and Flanders would rise to a height of 250′, with 10 floors of hotel rooms and 12 floors of residential units.
The 23-story Hyatt Place proposed in the Pearl went in front of the Design Commission last week—where it drew strong opposition from neighbors,* according to the Daily Journal of Commerce. At the same hearing the Commission also approved the Grand Avenue Mixed Useapartments.
According to the Portland Mercurynew owners are set to take over SE Portland bar Hanigan’s Tavern, also known as The Vern. An early assistance application had previously been submitted to redevelop the site at 2628 SE Belmont St with a 44-unit, apartment building.
OPB covered how Oregon’s love of industrial land will affect the ability of the Portland Diamond Project to build a baseball stadium at the Terminal 2 site.
*This article will be unlocked for the rest of this week. After this week it will only be viewable by DJC subscribers.
The 35-story Block 216 tower will rise to a height of 460′ and include retail, office space, hotel rooms and residential condominiums.
The Design Commission last week approved* Block 216, writes the DJC. In a late change by the applicant, the tower will now have one less office floor and one more hotel floor, bringing the number of hotel room from 232 to 249.
In response to “quite sobering” forecast for Portland building trends, the Bureau of Development Services last week laid off four employees, writes the Oregonian.
Oregon could become the first state to eliminate single family zoning, under a proposal by Speaker Tina Kotek. The legislation would require that allow Oregon cities of 10,000 people of more allow duplexes, triplexes or fourplexes, according to the Willamette Week.
*This article will be unlocked for the rest of this week. After this week it will only be viewable by DJC subscribers.
Las Adelitas at 6723 N Killingsworth St, designed by Salazar Architect for Hacienda CDC, will include 140 units of affordable housing.
The infamous Sugar Shack strip club at in Cully will be demolished to make way for 140 units of affordable housing at Las Adelitas, reports the Oregonian.
The Oregonian reports that the Portland is weighing a new strategy for how spend the funds from the 2016 affordable housing bond, following voter approval of Measure 102. The change could affect plans for 3000 SE Powell Blvd and 5827 NE Prescott St, two sites the Housing Bureau had intended to develop itself. The sites may now be turned over to outside affordable housing developers.
The Design Commission has approved the masterplan* for the Pepsi Blocks, reports the Daily Journal of Commerce. The development could include up 1,297 units across the five acre site.
The Buiness Tribune wrote about four Old Portland holdouts, where new development surrounds existing buildings: the Field Office, which wraps around the Dockside Saloon; Fire District No. 3, which formerly housed Touché and is now being incorporated in the Modera Glisan; the Dandy Warhols’ Odditorium, which sits on the remaining quarter block not occupied by the Broadstone Reveal; and the Auditorium Building, which will be surrounded by 250 Taylor office building and the Hyatt Unboundhotel.
The Portland Diamond Project has proposed an MLB stadium on the banks of the Willamette.
The Portland Diamond Project has an agreement with the Port of Portland to build an MLB stadium on the Terminal 2 site, reports the Oregonian. The paper also reported that Mayor Wheeler said the city “wouldn’t pay for a stadium or buy a team” but could “absorb some costs related to transportation and other infrastructure such as utility service”, and looked into what we know (and don’t know) about the proposal. BikePortland looked at the access issues around the proposed riverfront stadium. The Portland Business Journal asked its readers what they think about the stadium.
TMT Development, best know its development of downtown high rises, has completed The Marilyn at 2310 SE Hawthorne Blvd. The Daily Journal of Commerce published photos of the 59-unit mixed use building.
