Portland's urban renewal agency has named three finalists to shape the redevelopment of the soon-to-be-vacated downtown post office blocks.
Not among them: a headline-grabbing but unlikely proposal for two massive skyscrapers, the taller of which would be nearly twice the height of any existing building in Portland.
— oregonlive.com
Prosper Portland has selected 3 finalists for the 14 acre post office site located in the heart of the city: McWhinney, Related Cos., and Continuum Partners. It comes as no surprise that William Kaven's two tower proposal was not selected.
The redevelopment effort will include approximately 500 units of public housing developed by the Portland Housing Bureau and about 2,000 units of privately developed housing—of which 10 percent will include rent restrictions for low-income households.
The Colorado developer McWhinney has proposed a partnership with the James Beard Public Market, a food culture concept which would include 100 to 120 vendor stalls as well as full service restaurants. The New York developer Related Cos. has partnered with local real estate firm Melvin Mark Cos. and the homelessness nonprofit Central City Concern.
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