Greystar's project is at the corner of Southwest 18th Avenue and Southwest Salmon in Goose Hollow.
PORTLAND, OR—Greystar is embarking on its first residential development in Portland. Comprising 182 apartments and approximately 8,000 square feet of retail space, the soon-to-be named project recently began construction last week with an official groundbreaking ceremony.
Located at the corner of Southwest 18th Avenue and Southwest Salmon Street in the neighborhood of Goose Hollow, the project marks Greystar's expansion across the Pacific Northwest, which currently includes offices in Seattle and now Portland. Slated to open in 2021, the eight-story community will introduce both market-rate and affordable rental residences, under Portland's inclusionary zoning mandate.
Greystar is a multifamily developer, investor and manager.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
