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Beam Development will take the lead in developing three vacant blocks in the Central Eastside Industrial District.

Prosper Portland officials said in a board meeting Wednesday that Beam was the successful respondent to a request for proposals that was issued in December. Prosper Portland and Beam will negotiate a memorandum of understanding and a disposition and development agreement for work on the 2.19-acre site.

All three blocks’ western portions are owned by the Oregon Department of Transportation and are not part of the project.

Beam, an experienced developer in the fast-changing industrial neighborhood, assembled a team including Colas Construction, Mackenzie and Hacker. The proposal was chosen from among five responses. Of those, four were from local firms, said Lisa Abuaf, Prosper Portland’s development manager.

Beam principal Jonathan Malsin said he wants to better link Southeast Water Avenue with the Eastbank Esplanade on the Willamette River.

鈥淭丑别 ODOT blocks really right now (are) a barrier to the esplanade, so this is really an opportunity to work with our architects and our landscape designers to actually pull people down to the esplanade, which is an amazing public access point or public amenity,鈥� he said.

The project is likely to include office space and structural parking, along with a small amount of retail space, Malsin said.

The blocks are along Water Avenue between Taylor and Madison streets. The developable parcels are 34,809 square feet, 34,862 square feet and 25,601 square feet, respectively.

The blocks are zoned for industrial office use. The zoning, part of the Central City 2035 plan, limits retail uses to no more than 5,000 square feet on each site.

The Central Eastside has exploded with office projects recently. Malsin said part of his pitch to Prosper Portland was Beam’s willingness to work with small tenants.

鈥淲e’re really open to flexible floor plans that can break down to really granular rent roles that allow small businesses an opportunity to come into our spaces,鈥� Malsin said. 鈥淲e’re not singularly focused on credit tenants that have established high levels of credit that really kind of precludes a lot of local entrepreneurs from getting into the Central Eastside. And that strategy’s been really successful for us. Our portfolio’s full.鈥�