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Developers and buyers create new models for housing that hold the promise of a more environmentally friendly, connected, and multigenerational way of living.
Facing a housing crisis and a sluggish downtown economy, Portland City Council is aiming to incentivize developers to convert vacant office buildings into residential apartment complexes by waiving up to $3 million in fees and relaxing seismic requirements. On Wednesday, City Council unanimously passed two of what they say is just the beginning of an array of incentives to revitalize downtown and address the city’s housing shortage. “This is not the solution to our homeless.
Construction is wrapping up on The Edison Gramercy, a 13-story, 54-unit project from Isaac & Stern and Urban Development Partners at 250 East 21st Street.