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SUBMITTED?BY: MYHRE GROUP?ARCHITECTS AND SIERRA CONSTRUCTION CO.

The Prescott Apartments, a 155-unit complex in North Portland, is a model for integrating affordable housing into a transitioning neighborhood.

Livability was a key goal for the developer. Studios and one- and two- bedroom units wrap around a central courtyard that offers tenants access to bocce ball, a sports court and barbecue pits. Six commercial spaces on the ground floor have brought additional small businesses into the community. A convenient underground garage offers 100 parking spaces and 40 rentable storage units.

The complex also has access to multiple transportation options, which makes its location at Prescott Street and Interstate Avenue attractive to a range of tenants. Just one block from a light-rail platform, the complex is a 15-minute ride from downtown Portland. Two blocks away is an entrance to Interstate 5. There’s also a dedicated bike lane in the area.
The HUD-backed lending program that helped finance the project required that the architect and construction team develop strong communication with each other and with the agency. The resulting project has benefited from those efforts, and has developed into a source of affordable, modern housing in a desirable part of Portland.

PROJECT?TEAM + STATS:
Location: Portland, Oregon
Cost: $22 million
Start date: April 2012
Completion date: December 2013
Owner/developer: Sierra Construction Co. NW LLC
Architect: Myhre Group Architects
Landscape Architect: Vala-Christensen Landscape Architects
Engineers: KPFF Consulting Engineers, Nishkian Dean
General contractor: Sierra Construction Co. NW LLC
Other associates: ACS