Troutdale
REAL ESTATE
Habitat for Humanity announces groundbreaking for 20 affordable townhomes in Rockwood
Habitat for Humanity announced a ground breaking on a new affordable housing project in Rockwood later this month. Myrtlewood Way, 17640 N.E. Glisan St., will bring 20 townhomes, with two to five-bedroom units. Alongside the Gresham development, Habitat is also breaking ground on a project in Hillsdale. “Homeownership comes with many benefits, including housing stability and the potential for building generational wealth,” said Metro Council President Lynn Peterson. “Creative solutions...
Portland's historic Albina neighborhood to gain 100 affordable homes on block left vacant for 50 years
PORTLAND, Ore. — After nearly five decades, a block of dirt and dry grass in North Portland is being returned to Portland’s Black community and will become a site with over 100 affordable homes. The Williams & Russel project looks to create 85 affordable apartments, 20 townhomes for...
BPM Real Estate Group’s 1MM SQFT Block 216 Tower in Portland Officially Complete
After several years and multiple hurdles, the Block 216 tower in downtown Portland, housing the Ritz-Carlton Portland, is now fully complete, according to a report from the Portland Business Journal. This announcement follows the resolution of a financial dispute with a general contractor, and the completion marks a significant milestone for the 35-story tower, which received its temporary occupancy certificate last October, allowing the hotel to open and residents to move into their condos.
49-unit multifamily development in Portland land use review intakes | July 15, 2024
A weekly list of highlights from commercial land use review activity in Portland by Permitting & Development in the prior week. Design advice request – application Address: 30 S.W. Naito Pa...
Reading Into the Lake Oswego Housing Market Numbers
NPR’s Marketplace takes listeners “beyond the numbers, bringing you the context.” Let me try to do the same with the Lake Oswego real estate numbers. 44 – That is the median number of days the current inventory of homes has been on the market. Of the homes that have sold, 27.5 is the median number of days they were on the market which is actually 22 more days than the homes that sold in June of last year. That speaks to the tug higher interest rates continue to have on the market.
$46.2 million multifamily project in Portland building permits | July 15, 2024
A weekly list of the most notable commercial building and facility permits issued and received in Portland by Permitting & Development in the prior week. Building Permits Issued: $1,500,000 Ad...
YVYV: Metro Council President Lynn Peterson talks supportive housing tax reform
PORTLAND, Ore. (KATU) — You're paying a supportive housing services tax if you're a high-income earner in Multnomah, Clackamas, or Washington counties. That tax money is used to address the homeless crisis. Metro, a regional government, is in charge of the tax. Right now, the leadership is rolling out...
After seven years, a multifamily building opens
Officially, the real estate investors, architects and construction executives who gathered in Northwest Portland last week came together to celebrate the opening of Merx, a 126-unit mixed-use building. But in a sense, they were celebrating the last breath of the pre-pandemic real estate cycle. Merx was conceived in 2017, before...
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