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Ground Broken on $44M Station Place Project

PORTLAND-Sited in the River District Urban Renewal Area, the mixed-use project features 176 units of affordable senior housing, retail and a public parking garage for 420 cars.

By Joel Cone | Updated on June 23, 2003

PORTLAND-Construction has begun on the Station Place Tower, a 14-story mixed-use structure that will feature 176 units of affordable senior housing, common spaces, 20 ground-level parking spaces and 1,533-sf of ground-level commercial space.

Located at the northeast corner of NW Ninth Ave. and NW Lovejoy Street, the tower is the first phase of the $44 million development known as the Station Place being developed and managed by REACH Community Development for the project’s owner SP Tower Limited Partnership. Construction of the 420-car public parking structure began simultaneously with the tower and should be completed within 12 months. In the final phase, a retail space between 25,000-sf and 35,000-sf will house a large user such as a full-service grocery store. Construction is set for June 2004 with completion scheduled for December 2004.

Built at a total cost of $28 million, the residential component will feature a mix of studios, one- and two-bedroom apartments, a computer room and a multi-purpose common room with exercise facilities, kitchenette and library. Construction is expected to take 18 months. Located on the site of the old Lovejoy viaduct, significant infrastructure improvements such as new streets, sidewalks and utilities were completed by Stacy & Witbeck general contractors at a cost of $2 million.

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