PROJECT: Holden of Pearl

LOCATION: 1540 N.W. 13th Ave., Portland

SIZE:��16-story tower (237 units)

COST:��$36.3 million

START DATE: April 2021

ANTICIPATED END DATE: September 2023

DEVELOPER: Alliance Residential

ARCHITECT: Ankrom Moisan Architects

ENGINEERS: Kramer Gehlen & Associates, RDH Building Science Inc.

CONTRACTOR:��Walsh Construction

ADDITIONAL CONSULTANT: Biella Lighting Design

SIGNIFICANCE OF PROJECT: Construction of Holden of Pearl, a 16-story senior living tower, began in April. Type I-A construction is being used for the building, which will have an urban, vertically integrated design. Red brick will dominate the exterior; other materials will include metal panels, an aluminum storefront system and vinyl windows.

In a departure from the traditional senior living model, Holden of Pearl will offer residents striking views of the city and modern amenities. The site is within walking distance of Portland’s cultural hubs, restaurants, boutiques, art galleries, public parks and museums. There will be 237 apartments that cater to people seeking either independent or assisted living. A separate, private community space will be reserved for memory care residents.

With 28,000 square feet of indoor amenity space, Holden of Pearl will offer residents access to a range of culinary experiences, including multiple dining venues, a street-level bistro and an elevated bar. State-of-the-art wellness amenities will include a yoga studio, a salon, activity areas, family gathering spaces and more. Terraced courtyards and rooftop spaces will provide outdoor dining opportunities.

There will also be outdoor living rooms, water features, a chef’s herb garden and a covered pet area. At the street level, an enhanced pedestrian experience will include park-like elements. There will be convenient, weather-protected pick-up and drop-off, valet parking, housekeeping and transportation.

Milestone Retirement Communities will manage the property. Medication management will be among services provided.

Currently, Phoenix-based Alliance Residential has 16 communities in its senior housing pipeline; they represent more than $1 billion in total capitalization.

“Building Blocks” is a 91��Ƶ feature that spotlights noteworthy projects either under construction or approaching the start of construction. To submit a project for consideration, please visit: djcoregon.com/building-blocks.

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