PCRI-Led Team to Develop King + Parks Site

July 22, 2016 · by pcriadmin · Featured, New Construction, PCRI

PCRI is excited to announce a new rental housing development which will serve low-income families in Northeast Portland. The PCRI-led team was chosen by Portland Housing Bureau earlier this year to develop the site at the corner of NE Martin Luther King Jr. Blvd. and Rosa Parks Way, less than a block from PCRI’s main office.

Conceptual Rendering of King + Parks Apartments. ©Merryman Barnes Architects 2017

In partnership with Merryman Barnes Architects, Colas Construction and Cascade Management, PCRI is currently developing designs for the property, envisioning a U-shaped building surrounding a central courtyard (pictured below). Initial designs include one-, two- and three-bedroom apartments serving households at a variety of income levels. The completed building is expected to feature on-site management on its ground floor, along with a community room and secure bicycle storage.

Conceptual Rendering of King + Parks Apartments. ©Merryman Barnes Architects 2017

Design development is currently underway. Construction is estimated to begin in spring/summer 2018, with completion in 2019. When completed, the apartments will utilize a geographic preference policy administered by Portland Housing Bureau to provide leasing priority for current and former residents of North and Northeast Portland who have been negatively impacted and/or displaced by prior public action and investment. For more information about the preference policy, visit the Portland Housing Bureau website.

Contracting and hiring opportunities for the development are intended to benefit local business, especially minority- and women-owned firms. For more information about the development or to stay informed about contracting or employment opportunities, please sign up for our mailing list (check the box for King + Parks for information specific to this project).

Answers to some of the most commonly-asked questions are listed HERE and will be updated throughout the project. Sign up for our mailing list (and check back often) for more information.

Conceptual Rendering of King + Parks Apartments. ©Merryman Barnes Architects 2017

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