MULTI-PHASE TOD COMPLEX OUTSIDE PORTLAND, ORE.
Photo:: Peter Eckert.
The Platform District at Orenco Station is a 135-acre transit-oriented development in Hillsboro, Oregon’s fifth-largest city. The TriMet MAX Blue Line light rail connects to downtown Hillsboro, to downtown Portland—14 miles away—and to the airport. It consists of a 5.5-acre public plaza (by landscape architect Walker/Macy) and three mixed-used buildings designed by Leeb Architects: the 343,500-sf Rowlock (shown here), with 255 apartments and townhomes; Hub 9 (124 apartments, 168,000 sf); and the 339,200-sf, 230-unit Vector, which provides the park-and-ride component at the transit stop. The Orenco TOD totals 609 residences and 25,000 sf of retail space.
CO-DEVELOPERS COMPLETE PHASE 3 OF INLAND EMPIRE Transit COMPLEX
The Metro is the third phase (286 units) of a buildout of a total 868 luxury apartments in Corona, Calif., just a half mile from the North Main Metrolink station. The Riverside County enterprise has 70,000 sf of retail space. Each apartment has a balcony/patio and Nest climate controls. There’s a dog park, WiFi/game lounges, a cabana-lined pool and spa, and rooftop deck with views of the San Gabriel Mountains. Wermers Properties and Watermarke Properties were the co-developers.
leed gold tod HIGH-RISE opens in ARLINGTON, VA.
The Latitude, a 12-story mixed-use luxury apartment community, has 265 market-rate rentals and 14 affordable units. The LEED Gold project is located directly across from the Virginia Square–George Mason University Metro station in Arlington, Va. Designed by architecture firm Davis Carter Scott and interior designer Linowes Design Associates and built by general contractor CBG, the property has 3,011 sf of retail space, 2,675 sf of ground-floor cultural space, and a 12,000-sf public plaza and walkway. The original owner, Penrose Group, sold the property in March to Texas-based REIT Monogram Residential Trust for $143 million.
Related Stories
Student Housing | Jun 20, 2024
How student housing developments are evolving to meet new expectations
The days of uninspired dorm rooms with little more than a bed and a communal bathroom down the hall are long gone. Students increasingly seek inclusive design, communities to enhance learning and living, and a focus on wellness that encompasses everything from meditation spaces to mental health resources.
MFPRO+ News | Jun 20, 2024
National multifamily outlook: Summer 2024
The multifamily sector continues to be strong in 2024, even when a handful of challenges are present. That is according to the Matrix Multifamily National Report for Summer 2024.
Multifamily Housing | Jun 17, 2024
Elevating multifamily properties through quiet luxury
As the demands of urban living continue to evolve, the need for a tranquil and refined home environment has never been more pronounced.
Multifamily Housing | Jun 14, 2024
AEC inspections are the key to financially viable office to residential adaptive reuse projects
About a year ago our industry was abuzz with an idea that seemed like a one-shot miracle cure for both the shockingly high rate of office vacancies and the worsening housing shortage. The seemingly simple idea of converting empty office buildings to multifamily residential seemed like an easy and elegant solution. However, in the intervening months we’ve seen only a handful of these conversions, despite near universal enthusiasm for the concept.
Adaptive Reuse | Jun 13, 2024
4 ways to transform old buildings into modern assets
As cities grow, their office inventories remain largely stagnant. Yet despite changes to the market—including the impact of hybrid work—opportunities still exist. Enter: “Midlife Metamorphosis.”
Affordable Housing | Jun 12, 2024
Studio Libeskind designs 190 affordable housing apartments for seniors
In Brooklyn, New York, the recently opened Atrium at Sumner offers 132,418 sf of affordable housing for seniors. The $132 million project includes 190 apartments—132 of them available to senior households earning below or at 50% of the area median income and 57 units available to formerly homeless seniors.
MFPRO+ News | Jun 11, 2024
Rents rise in multifamily housing for May 2024
Multifamily rents rose for the fourth month in a row, according to the May 2024 National Multifamily Report. Up 0.6% year-over-year, the average U.S. asking rent increased by $6 in May, up to $1,733.
Apartments | Jun 4, 2024
Apartment sizes on the rise after decade-long shrinking trend
The average size of new apartments in the U.S. saw substantial growth in 2023, bouncing back to 916 sf after a steep decline the previous year. That is according to a recent RentCafe market insight report released this month.
Multifamily Housing | Jun 3, 2024
Grassroots groups becoming a force in housing advocacy
A growing movement of grassroots organizing to support new housing construction is having an impact in city halls across the country. Fed up with high housing costs and the commonly hostile reception to new housing proposals, advocacy groups have sprung up in many communities to attend public meetings to speak in support of developments.
MFPRO+ News | Jun 3, 2024
New York’s office to residential conversion program draws interest from 64 owners
New York City’s Office Conversion Accelerator Program has been contacted by the owners of 64 commercial buildings interested in converting their properties to residential use.