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City Approves DDA for Museum Place Condos

PORTLAND-Developers John Carroll and Homer Williams will pay $3.68 million for the 40,000-sf site that Safeway currently occupies and, when the grocer moves to a neighboring property, develop a full-block, 18-22-story condominium tower with at least 180 units and 10,000 sf of ground floor retail.

By Brian K. Miller | Updated on April 17, 2002

PORTLAND-The final details have been hammered out for the $50-million redevelopment of the West End Safeway block that sits on the streetcar line at Southwest 10th Avenue and Jefferson Street.

According to the disposition and development agreement, Developers John Carroll and Homer Williams will pay $3.68 million for the 40,000-sf site after the grocer moves to a neighboring property. The duo will then proceed to develop an 18-22-story condominium tower with at least 180 units and 10,000 sf of ground floor retail. As part of the project, Madison Street will be vacated and developed into a pedestrian plaza and parking entry.

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