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Old Posted Sep 29, 2017, 7:47 PM
maccoinnich maccoinnich is offline
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Quote:
72Foster breaks ground

REACH Community Development digs into Lents to build an intergenerational mixed-use building



The Lents Town Center urban renewal area is already stimulating more developments outside its original plans for the neighborhood's main drag.

The groundbreaking for 72Foster, a REACH Community Development project located at 7238 S.E. Foster Rd., was held last week on Thursday, Sept. 21.

72Foster will be an intergenerational, mixed-use building, creating 101 permanently affordable housing (some affordable deals with the City, State or Prosper Portland can expire) serving both seniors and families, with apartment sizes ranging from studios to three bedrooms.

The project is estimated to cost $24 million. Lucy Corbett, housing development project manager with REACH, attended the groundbreaking that featured speakers from the various funding partners.
...continues at the Business Tribune.
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