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PROJECT: Novus Apartments

LOCATION: 4981 S.E. Woodstock Blvd., Portland

START DATE: June 2021

COMPLETION DATE: December 2022

COST: $24 million

OWNER/DEVELOPER: Urban Asset Advisors

LEASING/MANAGEMENT: CloudTen Residential

GENERAL CONTRACTOR: LMC Construction

ARCHITECT: Scott Edwards Architecture

ENGINEERS: Kramer Gehlen & Associates (structural), Vega Civil Engineering (civil), GeoPacific Engineering (geotechnical)

OTHER ASSOCIATES/CONSULTANTS: Harper Houf Peterson Righellis (landscape), Jacobs Heating & Air Conditioning (mechanical), RWDI (acoustical)

PROJECT SIGNIFICANCE: Construction is now complete on Novus Apartments, a four-story, 84-unit mixed-use community in Portland鈥檚 Woodstock neighborhood.

Designed by architect Kyle Rodrigues of Scott Edwards Architecture, apartments range from 443-square-foot studios to 1,272-square-foot, three-bedroom units. All have stainless steel appliances, quartz countertops, pendant lighting, vinyl plank flooring and oversized windows. Also, 16 units feature Ori Studio technology 鈥� a cost-effective housing solution, where at the touch of a button spaces transform for sleep, work or entertaining.

On-site amenities include a resident lounge, a coffee bar and a courtyard with a firepit and grills. The community also has 1,972 square feet of commercial space; a Filipino bakery, Shop Halo Halo and Daphne鈥檚 Botanicals moved in recently.

CloudTen Residential will handle all leasing and management for the property. The firm now manages more than 30 properties in Oregon or Washington.

鈥淏uilding Blocks鈥� spotlights noteworthy projects either under construction or approaching the start of construction. To submit a project for consideration, please visit: djcoregon.com/building-blocks.