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Old Posted Jan 24, 2016, 6:56 PM
AdamUrbanist AdamUrbanist is online now
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Join Date: Aug 2015
Location: Portland, OR
Posts: 86
Looking at the drawings I wonder if this might be a condo project. The unit plans are pretty generous compared to most new rental and there are no internal bedrooms. Also floor to floor heights of over 11 ft and a lot of glass. Typically that kind of boutique, high-end product is sold rather than rented. On the other hand the parking ratio is still around .5 which could be a challenge to sell and the rental market hasn't softened yet. In any case it would be exciting to see more balance between rental and ownership housing getting built.
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