The DJC broke the news* that the 4W tower at 419 SW Washington St is on hold as developer Greystar struggles to gain financing for the project.
The Portland Business Journal wrote about Portland’s latest creative office development: the Custom Blocks at 1340 SE 9th Ave and 925 SE Main St.
Portland Architecture sat down wtih Holst Architecture’s new owners to discuss the firm’s evolution.
The Rose City Park neighborhood association has weighed in on the proposed apartments at 5036 NE Sandy Blvd, reports the Hollywood Star News.
The Portland Chronicle reported that a demolition permit has been issued for the 1965 warehouse with the ‘Machine’ mural at 4018 N Williams Ave. The 5 warehouse will be replaced with a 5 story mixed use building with retail on first floor and 64 residential units above.
In Oregon Business economist Joe Cortright argued that the key to solving Portland’s affordability problems is a greater supply of new units.
KGW reported that the AC by Marriott in Downtown Portland has opened.
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I completely agree with Cortright’s opinion piece – more housing units are truly the only long-term solution.
What I find interesting about the general attitude toward the housing crisis is that people will one minute complain that housing is too expensive and the next complain that single family homes are being torn down on streets like Belmont and Division and replaced by 50+ unit buildings, thereby changing the “feeling” of the neighborhood. (In many cases that new “feeling” and the restaurants, bars, etc. that come with it are precisely why they like where they live, but I digress). These two opinions seem directly at odds with each other.