Site B - YWCA Mixed-Use Project
Riverfront-Downtown Urban Renewal Area - North Downtown - Project Overview
Date |
|
Milestone |
|
Description
|
|
Photos
|
Feb
2007 |
|
|
|
|
|
|
|
|
|
| |
Sold to Telos for
a mixed-use
redevelopment
project |
|
Telos purchased the property from the Urban Renewal Agency on the northwest corner of Broadway and Market streets. They constructed a mixed-use building comprised of the following:
* 55 affordable housing units
* 12,506 square feet of office/administration space for the YWCA
* Ground floor retail space of approximately 3,910 sq. ft.
|
|
Photo, provided by Ron Cooper
|
|
2004
Dec
2003 |
|
|
|
|
|
|
|
|
|
| |
Building demolition
& Site Preparation
Urban Renewal
Agency purchased
B2 property
|
|
Total project costs are estimated at more than $11 million dollars. The development team was successful in securing Low-Income Housing Tax Credits through a competitive process from the State of Oregon, which will provide the equity to develop studio and one-bedroom units for individuals earning 55% or less median family income.
Documents
North Downtown Plan
|
|
|
Jan
2001 |
|
|
|
|
|
|
|
|
| |
Urban Renewal
Agency purchased
B1 property |
|
Staff Contact
John Wales
|
|
|
|
March
1999
July 1997
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Broadway Mixed -Use
Development
Study completed
North Downtown Plan Adopted
|
|
|
|
|