A 155-unit apartment community near Beaverton has sold for $29.85 million.

The buyer of Cedar Square Apartments was a joint venture of Glencrest Group and Sky Alps Capital; both are San Francisco-based investment firms.

The purchase values the asset in unincorporated Washington County at $192,581 per unit.

Cedar Square was built in 1980, with additions completed in 2016 and 2024. The garden-style apartment complex has large floor plans averaging 853 square feet, and each unit has a patio or balcony. Units come in one-, two- or three-bedroom configurations.

Additional amenities include a fitness center, playground, on-site laundry, parking and green space. The seller completed capital improvements, including replacements of siding, windows, decks and roofs. Also, areas were repaved.

JLL represented both the buyer and seller, the Baricevic Irrevocable Trust, a local entity.

“The overwhelming demand for housing and limited supply in the submarket reinforces the value of this asset,” JLL Capital Markets Senior Managing Director Ira Virden stated. “Cedar Square offers a compelling value-add opportunity in a premier suburban location characterized by strong employment growth, excellent schools and superior transit connectivity.”

JLL Capital Markets’ Investment Sales and Advisory team was led by Virden, Managing Director Carrie Kahn and associate Owen Wise. JLL’s Debt Advisory team was spearheaded by Charles Halladay and Jonah Aelyon.

Cedar Square is located at 10480 S.W. Eastridge St., less than a mile from the Cedar Hills shopping center and at the intersection of Oregon Route 217 and U.S. Route 26. The property also is close to the Sunset Transit Center.

“Glencrest Group was attracted to Cedar Square because of its quality construction and outstanding location,” stated Mike Bergelson, the firm’s managing partner.

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After leasing increasing amounts of training space over nearly 15 years, the Portland Timbers are taking a big step.

Last month, the professional soccer club purchased the 13-acre property where its training facility sits, at 6220 S.W. 112th Ave. in Beaverton. Tualatin Hills Park & Recreation District (THPRD), which had been sharing with the Timbers a building on the site, sold it for $25 million.

“This is an exciting moment for THPRD and a win-win for the community,” THPRD Board President Alfredo Moreno stated in a press release. “We are proud to support the Timbers’ efforts to expand their Beaverton training facilities and deepen community connections as they work to bring home another MLS Cup trophy.”

Ashley Highsmith, the Timbers’ chief operating officer, said the site purchase was something that club owner Merritt Paulson had been thinking about for a while.

“Our team is continuing to grow and get bigger,” Highsmith said. “We want to make sure we have a training facility that is available for our club to continue to grow and perform at a high level.”

The Timbers began leasing space in THPRD’s building on the property in 2011, with 6,000 square feet. They increased that amount to 8,600 square feet in 2015 and then 24,000 square feet in 2017. The latter expansion provided a new weight room, a film theater, a full-service kitchen, a media room, improved treatment spaces, and more.

Following the purchase, the club can use the entire 90,000-square-foot building, which will be renamed the Portland Timbers Performance Center.

GBD Architects has been working with the Timbers on a master plan primarily for the building’s interior; an indoor practice area and expanded player facilities are being considered. Both indoor and outdoor training spaces are being designed by GBD.

Currently, full development plans for the 13-acre footprint are being determined. Officials have already decided to increase the number of full-size training fields from two to three.

“The area that was … THPRD (space) will turn into our turf field,” Highsmith said. “Where the turf field is currently, that will be our second grass field.”

Other plans call for adding a viewing deck along one side of the building, expanding office space, and replacing the roof.

The club is in the process of finalizing details for Bernhardt Golf to serve as the general contractor for the exterior renovation; also, subcontractors are being hired. A contractor for the interior work will be selected later in the project.

“Outside is where we’re focusing first in developing this field and really making it a premier place for our team to train on,” Highsmith said.

A phased approach will be used for the field upgrades so the Timbers can maintain their training schedule. The start date for construction is not set yet.

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The U.S. Environmental Protection Agency has announced the selection of $6.85 million in Brownfields Grants to communities in Oregon. Nationwide, $267 million in grants are being awarded.

Federal grant recipients must satisfy legal and administrative requirements to receive funds from EPA, an EPA press release states. Brownfield Grants include Assessment, Revolving Loan Fund, and Cleanup Grants.

Assessment Grants will provide funding for brownfield inventories, planning, environmental assessments and community outreach. Oregon is receiving four Assessment Grants.

• The city of Beaverton will receive $500,000;
• Northwest Oregon Economic Alliance will receive $1.2 million;
• the city of Portland will receive $500,000; and
• Tillamook County will receive $500,000.

Cleanup Grants will provide money to carry out cleanup activities at brownfield sites owned by the recipient. Oregon is receiving three Cleanup Grants.

• The city of Astoria will receive $2 million;
• the North Plains Urban Renewal Agency will receive $500,000; and
• the city of Portland will receive $500,000.

Supplemental Revolving Loan Fund Grants are awarded to high-performing recipients to help communities continue their work to carry out cleanup and redevelopment projects on contaminated brownfield properties. Supplemental funding for Revolving Loan Fund Grants is available to recipients that have depleted their funds and have viable cleanup projects ready for work. Oregon has one recipient of a Supplemental RFL Grant:

• The Oregon Business Development Department will receive $650,000.

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A recently renovated 121,426-square-foot multi-tenant industrial/distribution project on approximately 6.4 acres in Beaverton has sold for $20.6 million.

The Beaverton Industrial Center was acquired by STAG Industrial, a real estate investment trust focused on the acquisition and operation of industrial properties throughout the U.S.

Originally constructed in the 1960s and extensively upgraded in 2021, the property consists of two freestanding distribution buildings at 5805 and 5807 SW 107th Ave. that were fully leased to four tenants at the time of sale.

Cushman & Wakefield’s Bryce Aberg, Jeff Chiate, Jeff Cole, Rick Ellison, Mike Adey, Zach Harman and Brad Brandenburg of the firm’s National Industrial Investment Advisory Group in Southern California represented the seller, BKM Capital Partners, in the transaction. Aaron Watt and Keegan Clay with Cushman & Wakefield and Greg Nesting of Norris & Stevens, Inc. also provided local market advisory.

The location is off Highway 217 and near Highway 26, Oregon Route 8, Interstate 5, several airports and the Portland city center.

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Mill Creek Residential has announced that construction is underway on Modera Raleigh Hills, a 270-apartment home complex in Beaverton.

The five-story building will be at 4822 S.W. Western Ave. within close proximity of Highway 217 and Beaverton’s downtown area.

Modera Raleigh Hills will include a mix of studio, one- and two-bedroom homes averaging 806 square feet each. The larger floor plans are to accommodate the work-from-home boom, according to the press release.

“Modera Raleigh Hills will offer amenities typically found in suburban communities,” said Sam Rodriguez, senior managing director of development in Portland for Mill Creek Residential, in the release, “such as larger home sizes, ample parking and best-in-class amenity spaces. The proximity to downtown Beaverton and the MAX light rail lines will provide added conveniences for our residents.”

Amenities will include a swimming pool and spa, a fitness center, private and shared co-working spaces, clubroom with demonstration kitchen, barbecue grills, rooftop patio, courtyard and pet wash. Residents will also have access to a media room, package lockers, bike storage and EV-charging stations.

It marks the eighth ground-up development for Mill Creek in the Portland Metropolitan area. Others include Modera Akoya, Modera Belmont, Modera Buckman, Modera Morrison and Modera Pearl.

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As the city of Beaverton pursues its vision of a vibrant downtown and builds upon a decade of planning and public engagement, it’s preparing to take the next step. The aim of the Beaverton Downtown Loop project is to improve walking, biking and transit on Southwest Hall Boulevard and Southwest Watson Avenue.

The project’s planning phase is nearing completion. A draft plan will be published for Beaverton City Council action in early 2023.

“The project team, led by city staff and consultants, developed design alternatives, conducted extensive technical analysis, and engaged in broad-based community involvement to develop the plan,” Beaverton transportation project manager Dan Turk stated in an email.

The lead consultant on the city’s project team is landscape architecture, urban design and planning firm Walker Macy. Other team members include DKS Associates (transportation planning and engineering), Nelson\Nygaard (transportation planning), Communitas (public engagement), and Emerio Design (engineering).

The project team does not have a total cost estimate yet, according to Turk, but work is expected to cost tens of millions of dollars at full build-out. Some of the Beaverton Downtown Loop will be constructed by the city and other segments will be built as part of private redevelopment. The city is working to offset costs via federal and state funding.

The city of Beaverton received a $2 million Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant, according to a federal announcement in August. The city will enter into an agreement with the U.S. Department of Transportation for the grant, and staff will then develop the scope of the work and request proposals for consultant selection for the next phase of work.

“In winter 2023, city staff will quickly move into project development and preliminary design,” Turk said.

The loop connects central Beaverton and Old Town along Southwest Hall Boulevard and Southwest Watson Avenue between Crescent Street and Fifth Street. From end to end, the loop is about a 15-minute walk. People walking or biking along the route currently face challenges, including difficult and inconsistent roadway and sidewalk conditions, fast-moving cars, and imposing crossings at Southwest Canyon Road, Southwest Farmington Road, and Union Pacific railroad tracks.

Community feedback has helped the project team understand existing roadway and sidewalk conditions, clarify the project vision, and identify opportunities and constraints. A 22-member Community Advisory Committee is providing the team with local knowledge and expertise.

“These active transportation investments will improve mobility and access for the Central Beaverton neighborhood, an area that has been directly impacted by redlining and historically disenfranchised,” Mayor Lacey Beaty stated.

Development work, funded by the RAISE grant, will help the project team refine the concept plan, cost estimates and implementation strategy, identify other grant opportunities, and determine where to leverage future redevelopment.

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After more than 20 years of use, the popular City Park Fountain, in the heart of Beaverton, is finally getting an extensive and complex overhaul.

With annual required maintenance reaching critical mass, the city decided several years ago to replace the fountain’s exhausted mechanical equipment housed in an underground vault. New water filtration and circulation equipment will be housed in a new above-ground facility. In addition, aged playground equipment is being replaced at the park.

Construction at the site, near the Beaverton City Library, began in January and is scheduled to finish by late summer. General contractor Fulcrum Construction of Beaverton is spearheading the work. Walker Macy, the primary consultant for the city, has overseen the project’s design.

While the Library Fountain Improvement Project may not be large in terms of scale and scope, the fountain has attained a symbolic value far greater than the $3 million cost of work. Historically, more than 55,000 people per year have visited the water feature – a figure that is expected to grow in the future.

“This is obviously an iconic piece of Beaverton and this is going to enhance that,” said Aaron Lee, a construction project manager for the city. “But we really are trying to, collectively as a city, … create a downtown experience.”

New, programmable fountain jets with LED lighting, and even sound, are being installed. Drainage around the plaza is being improved to help new chemical and UV filtration equipment perform more efficiently. The main fountain components came from Crystal Fountains, a Toronto firm considered one of the world’s top manufacturers of water features.

“I’m not sure exactly what that will look like, or how we’ll do events and things like that,” Lee said. “But there is a certain amount of automation and connectivity that will allow us to do a lot of really cool things that we obviously can’t do now.”

At the heart of the project is a complicated plan to remove a below-grade concrete vault housing the fountain’s mechanical, electrical and plumbing systems. Replacement systems will be placed inside a single-story pump house at the park’s southwest corner.

“One of the issues is that the vault is 15 or 16 feet deep, so it requires confined space entry,” Lee said. “You can’t just pop down there and get entry and do what you need to do. That will alleviate a lot of the maintenance issues.”

The pump house will feature brick masonry cladding to match the Beaverton City Library as part of an effort to tie together various city facilities in the downtown area. Future plans, Lee said, call for creation of a series of trails and walking paths to provide further connectivity between these elements.

Some existing materials are being reused and repurposed. An existing underground surge tank, which holds water from the fountain that is then filtered and recirculated, has been refurbished and recertified for use with the new water feature. Also, a good deal of the soil being excavated from the site during construction is being moved for off-site use elsewhere.

“It’s a pretty significant cost savings,” Lee said.

The involvement of local contractors is also noteworthy. Fulcrum Construction is a COBID-certified company based in Beaverton, and many of its employees happen to live just blocks away from the job site.

“It’s very important to us; it’s our city,” said Israel Rodriguez, the company owner. “It helps commuting a lot, and as soon as it showed up, we bid. We also bid for other work for the Beaverton School District – things that are nearby. It is important for us, as well as for logistics; it’s economics.”

For a small firm that works almost exclusively in the public sector, that’s a big deal.

“That’s all we do,” Rodriguez said. “It’s very important. We were blessed to get this job and the workforce is super happy with the work.”

Major subcontractors involved in the project include: Nuwave Concrete of Forest Grove; Cochran Inc., which is performing electrical work; and Outside the Lines, an Anaheim, California-based firm that specializes in water feature installations.

Beaverton Public Works Director Chad Lynn said the public is eager to see the fountain reopen after a closure already over a year. However, an exact date for that has not been determined, due to the ongoing pandemic.

“We can’t wait to get back into the fountain,” Lynn said. “It’s a centerpiece of the community with the adjacency to the library and downtown.”

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A large earthquake is expected by some experts to shake the Pacific Northwest within the next 50 years or so. The new Beaverton Public Safety Center now under construction is being engineered to withstand such a quake and continue operating thereafter.

Ground was broken in September 2018 on the three-story, 72,000-square-foot building on a 3.5-acre site at the junction of Southwest Hall and Allen boulevards. The center is being built by general contractor Skanska USA Building to an “essential facility” standard that calls for immediate occupancy and safe operation following a seismic event. Designers settled on a structural approach combining steel, mass timber and concrete.

“We’re using steel primarily to get our longer spans and reduce the column spacing on the interior,” said John Pete, project architect for FFA Architecture and Interiors.

However, use of cross-laminated timber floor and ceiling panels allowed removal from the design of much of additional steel that otherwise would have been needed. A three-and-a-half-inch concrete deck will be poured atop the CLT.

“The CLT goes in first and actually is the formwork for the concrete to be poured in on top of it,” Pete said. “That provides a lot of our seismic performance and ties our BRB (buckling restrained brace) frames together and provides a lot of the seismic stability.”

While seismically effective, the hybrid approach also increases the complexity of project management, procurement and logistics.

“Anytime you’re interfacing different types of materials,” said Derek Bourque, project manager for Skanska USA Building, “whether it be steel and CLT, steel and CMU, the more materials you mix the more challenging it becomes, in our opinion and experience.”

Currently, ironworkers are erecting structural steel for the building’s second floor. Carpenters from Swinerton Builders have been hired to fly in and install the CLT panels because of their expertise with this methodology.

“Typically when we build a steel structure we go three or four floors and then start decking our way up,” Bourque said. “But on this project we have to go up floor by floor, because we would trap ourselves and not be able to fly the panels in if we framed the structure up. And then just flying 10,000-pound-plus panels 40 feet long and getting them in position and trying to thread them between columns, it’s tough.”

Other building areas – almost exclusively those not facing the public – will feature concrete tilt panels and CMU (concrete masonry unit) wall construction. A slab-on-grade foundation will have an HDPE (high-density polyethylene) liner to keep moisture out.

The building’s interior will hold open office space, holding cells, storage areas, an employee gym, and an open lobby with a stair featuring exposed structural steel and precast treads and landings.

Interior finishes will include exposed CLT ceilings, architecturally exposed structural steel, acoustical paneling, finish carpentry, polished concrete flooring, interior glazing and gypsum assemblies.

The exterior façade will primarily feature masonry veneer with recessed vertical patterns. An aluminum-framed storefront and curtainwall glazing assembly will greet the public with glass and vertical wood slats, while exterior areas featuring tilt panels will also have inset metal panels.

The building is designed to be the new home of not only the Beaverton Police Department, but also the city’s emergency operations management department. To preserve operations after a sizable earthquake, the building must remain upright and functional.

As such, the center will have a 330 kilowatt rooftop photovoltaic array and an emergency diesel generator with underground fuel storage. Also, a micro-grid energy management system is being implemented to coordinate and control various power sources.

The new center will be a vast improvement over the police department’s current digs near Griffith Park, police Capt. Eric Oathes said.

“We’re at the Griffith Building right now, and it’s just a really old building that’s been remodeled time after time,” said Oathes, who is serving as the city’s project manager. “We wanted the open office concept to be able to have free flow throughout the building and bring all the units back together, and especially bringing the emergency management offices into it. They’re (serving) an important role in this as well, so we wanted to make sure that in the event when an emergency comes up and we have to activate the EOC, that we have the room and the facility to be able to meet the needs of the community.”

The building is scheduled for delivery in March 2020.

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A long-awaited hotel project is continuing to advance, with a public hearing before the Beaverton Planning Commission scheduled for Wednesday.

Commissioners will consider a request for design review for the proposed five-story, 121-room hotel on the Westgate property near Beaverton City Hall, at the southwest corner of the intersection of Southwest Rose Biggi Avenue and Crescent Street. The project’s designer is Arris Studio Architects.

The developer, Canterbury Hotel Group, previously told the city it hopes to ink an agreement with Hyatt to use the Hyatt House brand. The hotel will be managed by InterMountain Management.

The Beaverton City Council in December 2017 approved a with Canterbury. The city, which bought the property in 2005 for $4.9 million, gave it to Canterbury for no charge.

Design and construction are estimated to cost $23.5 million. Deacon Corp. will serve as general contractor.

According to the development agreement, the hotel will be a “five-story, high-quality, upscale lodging facility of approximately 120 rooms.” Amenities will include a “spacious lobby, lobby bar, fitness facility, business center, sundry shop, guest laundry facilities, boardroom, and an outdoor terrace with a swimming pool.”

A 3,000-square-foot restaurant space is planned on the ground floor, but a tenant has not been announced yet.

The city has been trying to develop the Westgate property, formerly home of the Westgate Theatre, for several years now as part of the Creekside District Master Plan. A 2015 development agreement with Rembold Properties to construct a two-building, 230-unit mixed-use development, a new hotel and a possible arts center on the property fizzled when Rembold backed out of the hotel portion in 2016. This forced the city to issue a second RFQ. Rembold, however, went on to develop the mixed-use project, The Rise Central; construction began in summer 2017 and is expected to finish this winter.

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Now that five land use applications have the Beaverton Planning Commission‘s approval, a proposed 461-unit planned unit development (PUD) is poised to move forward in the South Cooper Mountain area.

One application for “” was for a zoning map amendment to apply design regulations and city residential zoning of the South Cooper Mountain Community Plan to the new PUD. Currently, the property is zoned for exclusive farm use.

A second application was for a conditional use permit.

The third application was for a large-lot subdivision to create 15 parcels and facilitate project phasing. The fourth was for a small-lot subdivision to create 282 tax lots and nine tracts.

Finally, a tree plan application will allow removal of significant and community trees.

Fifteen separate phases of development are planned over the coming years.

Preliminary site planning and design is being performed by the Pioneer Design Group of Portland for developer Metropolitan Land Group. The formal property owner is TriCounty Investments LLC of Beaverton.

The project site is located south of Southwest Horse Tail Lane, generally west of Southwest 175th Avenue and north of the future Barrows Road extension. It covers 62.92 acres.

The developer is proposing 224 single-family detached lots, 57 single-family attached lots, a lot for a 180-unit multifamily development and two lots intended to accommodate an elementary school and a potential park. The nine additional tracts will be dedicated to stormwater management, natural resource preservation, trails and open space access.

The South Cooper Mountain Community Plan is part of the Beaverton Comprehensive Plan and was adopted by the Beaverton City Council in December 2014. The plan is intended to guide future development of the area: 544 acres of rural land that was brought inside the urban growth boundary in 2011.

Because of the land’s rural nature, a host of infrastructure projects and improvements will be required. This includes introduction of water service. A 245-lot residential development in the works nearby, Scholls Valley Heights, received approval earlier this year along with a city promise to extend water service to that area. This will make feasible the extension of existing water lines to the new Fox Hollow development.

The first phase of development of the PUD will be rather modest. Plans call for construction of 19 detached single-family homes along portions of Southwest Monashee Lane, a portion of Strobel Road, and a portion of Barrows Road.

Meanwhile, another PUD, dubbed “,” will receive a hearing before the Beaverton Planning Commission on Oct. 24. The proposal is for construction of 297 residential units on an equal number of lots. As with the other Cooper Mountain subdivisions, the Metropolitan Land Group has submitted applications for a zoning map amendment, a conditional use permit, two preliminary subdivisions and a tree plan. Construction of this development also would take place in phases.

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