Washington County (Beaverton, Hillsboro, Tigard, Forest Grove, etc.)

[philopdx]

Hampton Inn:



Embassy Suites:

[philopdx]

Originally Posted by davehogan

Wow, those are some interesting pictures. Where in Orenco are the first set of pictures from the 27th?

https://maps.google.com/maps?q=hills...12,142.55,,0,0

[BrG]

Originally Posted by philopdx

https://maps.google.com/maps?q=hills...12,142.55,,0,0

Here's a photo-stitch of your images:



I've heard this called the "Texas donut". It essentially looks like this on 4 sides (with the exception of the 'drive aisle fronting' units), and is all surrounding a 4 or 5 level parking structure buried in the middle. It's B I G. Makes the Platform 14 building seem small.

[davehogan]

Holy wow, that's an abrupt change.

[philopdx]

Hampton Inn:



Embassy Suites:

[philopdx]

Hampton Inn:




Embassy Suites:

[StevenF]

I see the Embassy Suites rendering on the sign in the Hampton Inn photo and just think how the Hampton Inn is going to look like shit next to that Embassy Suites.

[MarkDaMan]

Feb 13, 2014, 10:53am PST
Marriott latest to plant a flag in Hillsboro
Wendy Culverwell
Staff reporter- Portland Business Journal

As Intel, Nike and other employers expand in Washington County, so are the hotel options.

CoStar Group reports a joint venture led by Alex. Brown Realty Inc. has acquired a Hillsboro site for a 140-room Residence Inn by Marriott. Hillsboro Hotel Group paid $1.5 million for the property at 3000 N.E. Brookwood Parkway in the 320-acre Dawson Creek Business Park, according to information submitted to the Business Journal’s Real Estate Roundup database.

...

[philopdx]

Embassy Suites:



Hampton Inn:

[MarkDaMan]

Mar 19, 2014, 11:03am PDT Updated: Mar 19, 2014, 12:24pm PDT
Nike expansion plans could be much bigger
Matthew Kish
Staff Reporter- Portland Business Journal

http://www.bizjournals.com/portland/...r.html?s=print

Nike's $275 million expansion effort may be even bigger — and a lot different — than previously reported.

Washington County commissioners on Tuesday approved zoning changes that allow the footwear and apparel giant to build as many as five new buildings.

The zoning changes largely apply to the northeast corner of the company's campus, not the west side where it acquired 600,000 square feet of office space last May for $84.5 million.

That giant deal came one month after Nike said it would erect two new buildings on its campus and led some to conclude Nike would scuttle its plans for new buildings and instead focus on renovating those it acquired. Unlike the sleek, stylish buildings on the original Nike campus, the buildings it acquired are largely drab commercial office space.

Speculation that Nike would focus on renovation instead of new construction was fueled in October when Nike said the plans for its 286-acre campus had become more "ambitious" and included enhanced design.

The zoning changes approved Tuesday — and first reported by The Oregonian— allow Nike to build four buildings on the northeast corner of its campus and one on the south side.

...

Clustering the buildings near the northeast corner of campus would allow Nike's campus to retain its university-like vibe. When the campus was first designed more than two decades ago, Nike co-founder Phil Knight wanted it to resemble a college campus. Knight reasoned that college is a time of creativity, learning and play. He wanted to instill those values in Nike.

...

[philopdx]

Hampton Inn:



Embassy Suites:




New Orenco Station Development:

[maccoinnich]

Orenco Station: Westward Expansion

A 20-year dream that this onetime nursery workers’ village would become a small city next to the MAX line is nearly fulfilled.

Published Apr 2, 2014, 9:00am
By Randy Gragg



It’s Friday night at Orenco Taphouse. The Blazers are beating the Nuggets. Owners Dirk and Tammy Baker’s 20 draft brews flow into pint glasses, pitchers, and growlers. On the apartment-lined surrounding streets, parking is so tight that a towing company prowls. A 20-year dream that this onetime nursery workers’ village would become a small city next to the MAX line is nearly fulfilled.


In recent months, hundreds of new apartments have filled with tenants, most of them 30-somethings working at nearby companies like Intel and Salesforce. NW Housing Alternatives just christened 56 new units for seniors. And of the 1,157 apartments now under way or planned for Orenco, 57 will be in the Orchards, projected as the largest über-energy-efficient “Passive House” development in the US—all for people making $30,000 or less. New businesses include a Lebanese restaurant and a bike shop. Soon, a 24-hour coffee shop will caffeinate the locals. A boutique hotelier is eyeing one of the neighborhood’s last empty parcels.

...continues at Portland Monthly.

[colganc]

[colganc]

Where can the occupancy and sq ft lease rates for the area be found? I'm curious if the rates and vacancy are getting closer to where they need to be for the Amberglen rebuild/build out.

[philopdx]

Hampton/Embassy update:

[colganc]

http://www.oregonlive.com/hillsboro/...l#incart_river

Potentially the largest Passive "House" in the US? Interesting addition for Orenco area. Feels like it took a while for them to start this.

I was also checking the Hillsboro planning meeting notes and noticed the third building of the new MAX station and plaza was approved.

[Nunya]

I was also checking the Hillsboro planning meeting notes and noticed the third building of the new MAX station and plaza was approved.

This should break ground in the Fall. It is definitely going to be built, the developer is required to provide the plaza and to replace parking that they removed from the park and ride as part of their agreement with Trimet. To meet the Trimet parking requirements they are going to have to do some underground parking as well as two above ground for the building, similar building to the middle building (which has two above ground levels of parking but no below ground). Since they have to build the plaza and the parking they are pretty much committed to building the building regardless.

[bvpcvm]

I had to go to Orenco on Wednesday. Hadn't been there for several years. It's completely different; huge areas have filled in. Of course, it's barely urban, and the architecture isn't great, and there are still large parking lots - they're just hidden, with buildings surrounding them - but it was all fairly pleasant. There were a few people walking around, not a lot, but here and there. All in all, it felt like a slightly more urban version of the buildings you see going up in San Jose these days (5-6 stories, actually very dense, but very accommodating to cars), except that in Orenco there's ground-floor retail. However, unlike in Portland, it's not boutiques, it's actual businesses that look like they're probably affordable to the people who live there. I could see this kind of development proliferating quite a bit: if millenials really do want to live in urban, walkable areas, but can't afford Division, the market will give them Orenco now and downtown Beaverton in 10 years.

[Nunya]

http://www.bizjournals.com/portland/...nike-land.html

Nearly a million square feet of industrial space to be built in Hillsboro at the former Nike land just north of Intel. Not a sexy development but it adds to the crazy growth in the Hillsboro/Orenco area.

[colganc]

Originally Posted by Nunya

http://www.bizjournals.com/portland/...nike-land.html

Nearly a million square feet of industrial space to be built in Hillsboro at the former Nike land just north of Intel. Not a sexy development but it adds to the crazy growth in the Hillsboro/Orenco area.

It is kind of surprising. I didn't think the vacancy rate was quite low enough for new development. I still see a few larger buildings open and ready for tenants, but I guess at the current rate they probably would get filled in the next year or two.