Posted Nov 24, 2014, 8:31 PM
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Moderator
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Join Date: Jan 2009
Location: Portland
Posts: 7,404
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Quote:
Developers seek approval for six-story apartment building in Goose Hollow
A six-story, 61-unit apartment building may fill a vacant lot and a site currently occupied by a 1900 house across from the KGW studios on Southwest Jefferson Street in Goose Hollow.
Plans submitted to the city's Bureau of Development Services show the developers hope to build a metal-and-concrete structure with a courtyard roughly in the middle of the mostly commercial block.
Apartments in the Portland-Vancouver area have a vacancy rate of 3.66 percent, although downtown vacancies are higher, at 5.2 percent, according to Multifamily NW's latest Apartment Report. Downtown apartments also command the area's highest rents, at $1.97 a square foot, the report notes.
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...continues at the Oregonian.
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Last edited by maccoinnich; Nov 25, 2014 at 1:32 AM.
Reason: The Oregonian found a better image
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