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”.
I don’t know the source of that map of the Oregonian buildings, but someone’s a bit confused on the block sizes. The blocks are 200′ x 200′, not 224′ x 224′ as shown. Now if you include the 12′ sidewalks on each side, then you’ll get 224′ instead of 200′. But the property is 200′ per side.
Good catch Doug. Yes, the city blocks in this area are the standard 200×200. Wow, I hope these guys didn’t use the 224 number for their plans. If so, they are anticipating 864 feet of floor area that they do not have.