The Daily Journal of Commerce held a Builder Breakfast event on Thursday morning at the Sentinel Hotel in downtown Portland. The presentation focused on south Hillsboro and Reed’s Crossing – a 463-acre master-planned community that will include large-scale residential and commercial development as well as parks, schools and infrastructure.

Over the course of the next 15 to 20 years, Reed’s Crossing will hold an estimated 20,000 people living in about 4,000 residences ranging from detached single-family housing to townhouses and apartments. Commercial development will encompass about 36 acres of the area, with 100 thousand square feet of planned retail space and 100 thousand additional square feet of office and medical space.

The area will also include an elementary school with capacity for 600 students; construction is anticipated to begin in 2021. Other sites within Reed’s Crossing could become home to additional elementary and middle schools. Over 50 acres of planned open space will include a greenway, two neighborhood parks, and miles of pedestrian walkways and bike paths.

Three panelists – David Brentlinger of Newland Communities, Dan Dias of the city of Hillsboro and Frank Angelo of Angelo Planning Group – spoke about the development and opportunities available at Reed’s Crossing. The discussion’s moderator was Stephanie Holmberg, leader of the real estate and construction group at Schwabe, Williamson & Wyatt.

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Newland Communities, the developer behind the sprawling Reed’s Crossing development in south Hillsboro, has chosen two homebuilders to begin construction there.

Homebuilding giant Lennar Corp., based in Miami, and Stone Bridge Homes NW of Lake Oswego have been selected to begin building homes.

Lennar and Stone Bridge are expected to begin building homes starting in December. Seven model homes from the two builders will be going up first, said David Brentlinger, vice president of operations for Reed’s Crossing.

Plans for the first phase call for 300 homes, with homes expected to be ready to occupy in spring and summer 2019.

Reed’s Crossing is a major expansion for Hillsboro. The development totals 463 acres, and is expected to eventually encompass 3,000 homes ranging from small apartments and condominiums to large single-family homes.

The development will also have a town center with a mix of commercial and residential uses, at least three schools and a 23-acre greenway corridor with wetlands and trails.

Newland Communities has already built an extension of Cornelius Pass, which is oversized to accommodate growth. The extension opened in July.

“It’s public now, and it’s already taking some of the burden off of (Tualatin Valley) Highway,” Brentlinger said.

Approximately 20 different contractors are at work on the development. Crews have been busy grading home sites, extending utilities and adding residential roads, curbs, gutters, street lights and landscaping.

“Everything, really, to make it builder ready,” Brentlinger said. “Everything from the ground standpoint is ready for them, and once they get their building permit, they can immediately start building homes.”

Newland was looking for a national homebuilder and selected Lennar, Brentlinger said. “They are very meticulous in everything they do,” he said. Every house Lennar builds is a “smart” house with high-tech features, he said.

Stone Bridge is led by founder and owner Kelly Ritz, who serves as chairwoman of the Oregon Home Builders Association‘s government affairs committee.

“She does have a good reputation as a builder and a spokesperson for the industry,” Brentlinger said.

Contractors will have an opportunity to jump in on the next phase of Reed’s Crossing in March, when Brentlinger said he expects to post new requests for proposals for lot construction.

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