Press Blocks development – Daily Journal of Commerce /news/tag/press-blocks-development/ Building and Construction News in Portland, Oregon and the Pacific Northwest Mon, 31 Oct 2022 15:13:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.6 /files/2023/08/favicon.webp Press Blocks development – Daily Journal of Commerce /news/tag/press-blocks-development/ 32 32 Nine Portland high-rises in the pipeline /news/2022/10/28/nine-portland-high-rises-in-the-pipeline/ Fri, 28 Oct 2022 14:41:38 +0000 /?p=270910 An interactive map of nine high-rises in Portland's development pipeline

The post Nine Portland high-rises in the pipeline appeared first on Daily Journal of Commerce.

]]>

Portland’s skyline is changing.

Several high-rises are finishing up and are under construction, including the 460-foot-tall Block 216 that is climbing the Portland skyline and Alamo Manhattan’s Block 41 – a 23-story tower popping up in South Waterfront.

Here are the next nine towers in Portland’s pipeline:

(Click the images for more information on each project)

concept

[1] Pearl Block 24

Developer: Greystar
Architect: GBD Architects

Pearl Block 24 would be a 22-story (about 250 feet tall) tower with roughly 440 units and 3,000 square feet of ground floor retail. The project site is bordered by railroad tracks diagonally to the north, The Fields Park to the east, Northwest Quimby Street to the south, and The Abigail and The Holden of Pearl, a senior living tower under construction to the west.

The high-rise would include slightly more than 450,000 square feet and include a seven-story, angled bar-shaped portion and a three-story podium with about 300 below-grade parking spaces. The project last received design advice from Portland Design Commission on Oct. 20.

The

[2] The Phillip Apartments

Address: 555 N.W. Park Ave.
Developer: Fields Holdings
Architect: TVA Architects

Three design options are on the table for the eastern half of the historic Honeyman Hardware block in the Pearl District: An 11-story, half-block scheme; a 16-story tower; or a 19-story quarter-block scheme. Initially, a 23-story high-rise was proposed for the site, but after comments from Portland’s Historic Landmarks Commission and the public, plans for the building were significantly scaled down.

The project last received design advice from the Historic Landmarks Commission at the end of September. In the meeting, the preferred option presented was the 11-story, half-block scheme with about 200 residential units. The structure consisted of an eight-story addition that would hover above the two-story Bindery Building on the block. The addition would have a penthouse suite on top.

RiverPlace Phase 1

[3] RiverPlace Phase 1

Address: 150 S. Montgomery St.
Developer: NBP Capital
Architect: GBD Architects

A 30-story, 344-unit tower is set to rise on the southern parcel of Block 1 in the approved RiverPlace master plan area. The development is phase 1 of a more extensive buildout of the 8.03-acre RiverPlace site adjacent to the South Waterfront Park.

The Bureau of Development Services projected the project to cost about $82 million during the land use process. The Portland Design Commission approved its final design in August. Most recently, a demolition permit was issued for the RiverPlace Athletic Club on the site.

Sandy Pine

[4] Sandy Pine

Address: 900 S.E. Sandy Boulevard
Developer: SolTerra Capital Inc.
Architect: LEVER Architecture

At 125 feet, Sandy Pine is anticipated to be Portland’s tallest mass-timber building. The Portland Design Commission approved the 12-story structure in June. The development will have 276 apartments (including six live/work units), 14,500 square feet of commercial space and bike parking, and 2.5 levels of below-grade parking for 178 vehicles.

The project is LEVER Architecture’s second attempt at a mass-timber tower in Portland. The first, Framework, a 12-story mixed-use building envisioned for the Pearl District, gained approval and even had building permits issued – but financial difficulties halted the project in 2018.

In its design review, Sandy Pine was valued at about $36 million. Framework initially was expected to cost $34 million.

The

[5] Welby 

Address: 1325 N.W. Kearney St.
Developer: Killian Pacific
Architect: Bora Architecture + Interiors

The Portland Design Commission approved the design of the 21-story, 280-unit multifamily building in May. The tower’s green facades could make it a standout building in the North Pearl District as it will stick out from the gray, black and brown tones of most skyward buildings.

Welby will have 5,500 square feet of retail space at ground level and 4-1/2 levels of underground parking. The Bureau of Development Services projected the project to cost about $106 million during the land use process.

[6] SW Park Apartments

Address 2059 S.W. Park Ave.
Project Owner: Park Avenue PSU LLC
Architect Tahran Architecture & Planning

A 12-story affordable housing development is set for the corner of Southwest Park Avenue and Southwest Clifton Street. The building will have 98 residential units.

Plans for the development initially called for an 11-story, 89-unit building, but in October, the Portland Bureau of Development Services reapproved it as a 12-story development.

Most of the structure will be prefabricated and use modular units with mass plywood panel flooring and ceiling systems. As planned, SW Park Apartments will be the tallest modular structure in the city.

[7] Modera Main Street

Address: 1155 SW 19th Ave.
Developer: Mill Creek Residential
Architect: Ankrom Moisan
Contractor: MCRT PNW Construction

The 17-story building set for Goose Hollow will be one of Portland’s largest multifamily developments. At nearly 435,000 square feet, the development will fill a full-city block and hold 337 apartments.

The building will wrap around a large-scale parking structure with 403 stalls that residents will share with Multnomah Athletic Club members.

The project is under building permit review with the Portland Bureau of Development Services.

Press Block’s Full Block Development

[8] Press Block’s Full-Block Development

Address: 1621 S.W. Taylor St.
Developers: Security Properties and Urban Renaissance Grou
Architect: Mithun

The second phase of the Press Blocks development is underway in Portland’s neighborhood. The entire development comprises one-and-a-half city blocks at 1621 S.W. Taylor St., on the old Oregonian printing press site near Providence Park. Construction wrapped in summer 2020 on the eight-story, half-block, Canvas office building.

Now, it is the full block’s turn. The site will include a 24-story high-rise with 341 apartments as well as a three-story, 30,000-square-foot commercial building with retail space, live/work units and creative office space. The developments will be linked by an underground parking structure that will hold 473 vehicle parking stalls and secured bike storage.

Demolition began in September on the old Oregonian printing press building and will last roughly six months, according to a representative for Security Properties. The final buildout will take about three years to complete.

[9] Hollywood HUB Housing

Project Owner: TriMet
Developer: BRIDGE Housing
Architect: Holst Architecture

Hollywood HUB Housing would be TriMet’s first transit-oriented development under its new Transit-Oriented Development Guidelines. Plans call for a 12-story, 120-foot building capable of supporting 234 affordable units. The project, in part, is a reimagining of the Hollywood Transit Center.

The goal for the site is to create a seamless transit connection from the Hollywood MAX station across the Interstate 84 pedestrian bridge to the three bus lines that run down Halsey Street. The project’s scope includes a new pedestrian and cyclist connection to the end of the pedestrian bridge.

The post Nine Portland high-rises in the pipeline appeared first on Daily Journal of Commerce.

]]>
Mixed-use development coming to Goose Hollow /news/2022/10/19/sizable-mixed-use-development-coming-to-goose-hollow/ Wed, 19 Oct 2022 18:39:38 +0000 /?p=270634 Construction has started on the second, larger phase of the Press Blocks development.

The post Mixed-use development coming to Goose Hollow appeared first on Daily Journal of Commerce.

]]>
A 24-story high-rise and a three-story commercial building are now being constructed in the neighborhood. (Mithun)

Construction has started on the second, larger phase of the development in Portland’s Goose Hollow neighborhood, according to Security Properties, which is developing the project with Urban Renaissance Group.

The full-block project includes a 24-story high-rise with 341 apartments as well as a three-story, 30,000-square-foot commercial building with retail space, live-work units and creative office space. The development’s designer is Seattle-based Mithun.

There will be extensive rooftop amenities as well as subterranean parking for 473 motor vehicles and secured bike storage. A publicly accessible mid-block connector and plaza at the corner of Southwest 17th Avenue and Taylor Street will invite the public into the heart of the development.

Named after The Oregonian printing and distribution facilities that previously stood on the property, the Press Blocks comprise one and a half city blocks at 1621 S.W. Taylor St., near Providence Park. The eight-story, 140,000-square-foot Canvas office building was the first phase of the ; construction finished in summer 2020.

The subterranean parking garage will allow workers at Canvas to park beneath the residential building and walk through a climate-controlled tunnel below 17th Avenue to elevators within the office building. Also, a MAX light-rail station is nearby, at the corner of 17th Avenue and Yamhill Street.

Security Properties and Urban Renaissance Group worked jointly on the development’s debt and equity program, which includes a consortium of Japanese investors led by the Takenaka Corporation with financing through Sumitomo Mitsui Trust Bank’s New York branch.

(Mithun)

The post Mixed-use development coming to Goose Hollow appeared first on Daily Journal of Commerce.

]]>