A Portland-based developer has submitted an application to establish a seven-story apartment constructing on the downtown website of a meals cart pod in the vicinity of Portland State University.
SERA Architects and Florida-centered developer Mill Creek Residential Have confidence in submitted an software on March 9 proposing a 40,000 square-foot blended-use making at Southwest Fifth Avenue and University Street.
The software describes the project as a seven-story current market charge apartment developing with about 250 residential units, basement parking and retail on the ground ground.
The software was very first noted by architect and enhancement blogger Iain MacKenzie.
Neither SERA nor Mill Creek responded to queries about the proposed progress, or no matter whether there are plans to relocate the meals cart sellers that now use the site.
The proposal is nonetheless in its earliest stages. The developer will keep a pre-software convention to discuss it with town officers next thirty day period, just after which it could implement a creating permit or abandon the proposal.
It is unlikely a redevelopment of the site is significantly off in any scenario. The parking good deal that now hosts the foodstuff cart pod is owned by a genuine estate firm, Oregon Pacific Financial commitment and Enhancement Co., and the other 50 percent of the block is owned by Wells Fargo, which has shut its bank department there.
In summer season of 2019, the city’s premier meals cart pod at Southwest 10th and Alder Avenue was compelled out to make area for the Ritz-Carlton Lodge, which is now underneath construction. Some of those people carts moved to a new downtown area previous 12 months.
—Jayati Ramakrishnan