Plans would have Jefferson West sold, razed, rebuilt few feet away
Thursday, February 09, 2006
The Portland Development Commission has big plans for the nearly 90-year-old, low-income Jefferson West apartments, which it bought in 2001. The urban renewal agency hopes to sell the building to developer E&F Properties, which would demolish the building and build a replacement project with the same number of low-income units half a block away.
E&F would then develop a mixed-use, market-rate condo building on the current site of the Jefferson West apartments.
Construction could start a year from now on the low-income housing building, with a completion date 14 months later, says John Warner, PDC senior development manager.