REACH CDC’s Argyle Apartments will add 189 units of affordable housing on surplus property currently owned by TriMet
Every week, the Bureau of Development Services publishes lists of Early Assistance applications, Land Use Reviews and Building Permits processed in the previous week. We publish the highlights. This post covers September 17th to September 23rd, 2018.
Early Assistance has been requested by McGuirl Designs & Architecture for a project at 6710 N Greenwich Ave:
Proposal is for three story’s with partial basement multi-family building with 34 units. No parking. On-site UID for stormwater management. Will utilitze Community Design Standards specified within 33.218.140.
Early Assistance has been requested by McGuirl Designs & Architecture for a project at 1269 N Farragut St:
Proposal is for a 24-unit multi-family project. Two 3-story buildings each with 12 units. No parking. On-site UID for stormwater management. Utilizing community design standards specified within 33.218.140.
Early Assistance has been requested for a project at 14900 SE Stark St:
Proposal is to build a new four story mixed use building with some ground floor retail and approximately 109 units of housing with 20% of units as affordable housing. Existing building on site to be removed.
The Argyle Apartments at 2133 N Argyle St have been submitted for building permit review:
New construction of 151,555 sq ft, 4-story apartment bldg – 189 affordable housing units, 2 community rms and site work
An excavation and shoring permit was issued to Lever Architecture for a new building that forms part of the Adidas Campus Expansion at 5060 North Greeley Avenue:
Excavation and Shoring for new office building
Trimet can not own a apartment complex because it is a non profit owned by the citizens of Portland.
Kind of true. TriMet is a division of the State of Oregon and is therefore owned by all Oregon residents. It does not have the authority to own or operate residential buildings.
TriMet can agree to sell the land to a non-profit, like Reach CDC, and allow them to develop it. That appears to be what’s happening in this case.
I’ve seen a number of lots listed for sale that TriMet acquired during construction of the MAX. They own a lot of property along SE 17th from the Orange Line, and still hold some parcels along other routes. You’ll probably see more developments like this show up.
And this property is along the Interstate MAX Yellow Line.