Archive for the ‘New Construction’ Category

June 27, 2018 · by pcriadmin · Featured, New Construction, Pathway 1000, Uncategorized

Crews poured the homes’ concrete foundation and slab in May 2018.

PCRI and Albina Construction began development of four new townhomes on N Williams Avenue in April 2018. Construction of the new homes is proceeding briskly, with foundation and walls quickly taking shape. When complete in late-2018, the new homes will be sold to qualifying first-time buyers and will be prioritized for households displaced or at risk of displacement from North and inner Northeast Portland.

Neighbors and passers by have likely noticed significant activity at the site during the past few months as Albina Construction’s crews cleared the site, formed and poured the foundation, framed the homes’ walls. In addition, the City of Portland’s Urban Forester oversaw work performed close to the large tree next to the street, which was preserved and pruned to ensure it would safely clear the future homes.

Youth in the POIC program joined Albina Construction on the jobsite in May 2018.

In late-May 2018, a group of students from the Portland Opportunities Industrialization Center (POIC) joined Albina Construction to learn more about the work happening at site. POIC provides education, job training and more for students enrolled in the program and is a key partner mentioned in PCRI’s Pathway 1000 Implementation Plan, increasing the participation of minority youth in good-paying construction trades.

Four new 2- and 3-bedroom townhomes, certified to meet Earth Advantage green building standards, are being built on the site. The homes will be two and three stories (for 2- and 3-bedroom sizes, respectively) and have been designed to fit with existing neighborhood scale. Front, rear and side yards and walkways help ensure reasonable separation from neighboring homes and maintain the scale and feel of the neighborhood.

 

Additional information about PCRI’s Homeownership Initiatives can be found HERE. Prior updates and information about the Williams Townhomes can be found HERE. Completion of the four townhomes on N. Williams Avenue is anticipated in late 2018, with additional homeownership developments in N/NE Portland slated to begin construction in summer 2018 for completion in early 2019. Click on the gallery below for larger images.

April 16, 2018 · by pcriadmin · New Construction, PCRI

Rendering of King + Parks Apartments, as viewed from NE Highland Street looking east.

During the past several months, PCRI been working to secure additional financing resources to advance the development of the proposed King + Parks Apartments. Federal corporate tax reform reduced the value of private investment in the development, necessitating additional sources of capital.

Although development activity has been paused while PCRI confirms financing for the development, neighbors and passers-by may noticed activity on or around the site. Current construction activity is related to the city’s sewer repair projects. Sewer line construction on NE Rosa Parks Way is scheduled beginning Friday, April 20 for approximately one week. Additional activity on the development site is focused on equipment and materials related to other sewer repair work. More information about sewer repair status can be found here: https://www.portlandoregon.gov/bes/72103.

For development of the King + Parks Apartments, PCRI is targeting summer 2018 to submit to the City of Portland for building permits and is targeting late fall to begin construction. Currently, design and development plans are still being refined, based on neighborhood and community feedback as well as functional and cost considerations. PCRI and its design team have also been working with community artists and the neighborhood association for concepts that would integrate a Rosa Parks art installation into the building and how this could also potentially provide a stronger statement to the design.

PCRI will continue to provide updates as the design is refined and as the project moves closer to construction. For additional updates and information click HERE.

March 19, 2018 · by pcriadmin · Featured, Grant Warehouse, New Construction, The Beatrice Morrow

Aerial view of the Beatrice Morrow building, March 2018.

The Beatrice Morrow development reached a milestone in mid-March as construction of the top floor was completed and the building’s roof trusses and sheathing were installed. Installation of the brick exterior is beginning the building’s courtyard while installation of the plumbing, mechanical and electrical systems continue inside the building.

As has been the case during throughout construction, street closures are to be expected during the day on Ivy Street at NE Martin Luther King Jr. Blvd., as well as parking spaces on NE Cook Street. Some intermittent closures of NE Cook Street and NE Martin Luther King Jr. Blvd. are also likely in the future as needed to facilitate jobsite access and safety, including safety requirements mandated by the Portland Bureau of Transportation.

General contractor Colas Construction has been in communication with construction crews at an adjacent, unrelated construction project at 422 NE Ivy Street, and others to help ensure safe access on the street for large trucks and other special needs. In addition, the project team has had regular communication with City of Portland and Portland Bureau of Transportation officials to ensure we are in compliance with all construction, traffic and noise ordinances.

Additional information and prior construction updates can be found HERE. Completion of the 80-unit mixed-use commercial and residential building is anticipated in mid-2018 and all apartments are expected to be leased by the end of 2018.

January 26, 2018 · by pcriadmin · New Construction, Pathway 1000

PCRI invites the community to join us, Albina Construction, Brett Schulz Architect and other partners on February 27 to break ground on the first homes for purchase by first-time homebuyers as part of our Pathway 1000 Initiative.

Four new townhomes will be built in a prime location of North Portland, the first of many homeownership developments in PCRI’s Pathway 1000 Initiative. These new homes, for sale to low- and moderate-income first-time buyers will be prioritized for families displaced from North and Northeast Portland and families at risk of displacement.

For more information about the groundbreaking event or to RSVP for the event, email us HERE.

“PCRI was formed as, and continues to be, a solution to involuntary displacement. This project will help ensure everyone can experience the stability, safety and dignity that a home provides,” said Maxine Fitzpatrick, Executive Director.

Four new 2- and 3-bedroom townhomes, certified to meet Earth Advantage green building standards, will be developed on the site. The homes will be two and three stories (for 2- and 3-bedroom sizes, respectively) and have been designed to fit with existing neighborhood scale. Front, rear and side yards and walkways help ensure reasonable separation from neighboring homes and maintain the scale and feel of the neighborhood. A condo association for the completed homes will maintain the building’s exterior and landscaping.

Construction will begin in February 2018, and is anticipated to be complete in late summer or early fall 2018. Other developments planned to begin construction in summer 2018 will provide additional opportunities for families to build intergenerational assets through homeownership.

“To be owning a home, to be investing in our own personal asset and someday pass it on to our daughter, it’s a great feeling,” said Genté Shaw, a PCRI client and first-generation homeowner.

Down payment assistance for the future homeowners will be provided by the City of Portland Housing Bureau as part of its N/NE Neighborhood Housing Strategy.

The development team is being led by PCRI. In conjunction with the National Association of Minority Contractors – Oregon and Minority Contractor Improvement Partnership (MCIP), PCRI selected Albina Construction to build the new homes due to their deep roots in N/NE Portland and their commitment to opportunity for local and minority subcontractors and workforce. Albina Construction owners Dennis Harris and Caitlin MacKenzie are pictured above. Additional project partners include Brett Schulz Architect, Beneficial State Bank, Wells Fargo Housing Foundation, and Meyer Memorial Trust.

May 24, 2017 · by pcriadmin · Featured, New Construction, PCRI, The Beatrice Morrow

2017.05.25 B MorrowConstruction activity started on the Beatrice Morrow apartments in late May 2017. The development has the honor of being the first major housing development in Portland owned, developed, designed, and built by organizations led by African Americans: PCRI as owner and developer, Carleton Hart Architects, and Colas Construction as general contractor. In addition, apartments in the completed building will be prioritized for residents previously displaced from neighborhoods that were home to the city’s greatest concentrations of African Americans.

Immediately upon closing the project’s financing, Colas Construction began to mobilize their construction equipment and crews for development of the site named to honor Portland civil rights pioneer Beatrice Morrow Cannady. The development team is confirming details of any construction-related impacts to the neighborhood and will be communicating this information out to neighbors as soon as it is available. Completion of the 80-unit mixed-use commercial and residential building is anticipated in mid-2018 and all apartments are expected to be leased by the end of 2018.

“This project was an honor to close,” said Jodi Enos, Assistant Vice President and CDC Account Manager for U.S. Bank, the project’s investor. “The impact it will have in the community to fight gentrification is unparalleled. ”

The five-story building will be built along NE Martin Luther King Jr. Blvd between Cook and Ivy Streets. In addition to the apartments in the building’s upper floors, the ground floor will include over 6,000 square feet of commercial retail space as well as a large community room for use by the building’s residents and members of the neighborhood.

Project Partners, PCRI, and local officials joined a groundbreaking celebration for the Beatrice Morrow development

Project partners, PCRI, and local officials joined a groundbreaking celebration for the Beatrice Morrow development

“This is an important opportunity to provide access to affordable family rental housing in a neighborhood that has experienced displacement and gentrification in the past several decades,” said Ms. Fitzpatrick at a groundbreaking celebration in April 2017. “PCRI was formed as, and continues to be, a solution to involuntary displacement. This project will help ensure everyone can experience the stability, safety and dignity that a home provides.”

In addition to ensuring stability for residents, the development team has had a particular focus on creating equitable economic opportunity in the creation of the project, including partnership with Colas Construction and Carleton Hart Architects. Professional services contracted during the project’s design phase have been overwhelmingly focused on minority- and women-owned firms. In addition, Colas Construction anticipates at least 30-40% of the project’s construction will be performed by certified minority-owned, women-owned, and emerging small business firms.

Project partners include development consultant Gerding Edlen, U.S. Bank, Portland Housing Bureau, Oregon Housing and Community Services, Bellwether Enterprise Real Estate Capital, Home Forward, and Meyer Memorial Trust.

August 1, 2016 · by pcriadmin · New Construction, PCRI

King + Parks Apartments

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

Frequently Asked Questions
Updated May 25, 2017 (previously updated April 27, 2017)

In spring 2016, the Portland Housing Bureau selected Portland Community Reinvestment Initiatives, Inc. (PCRI) in partnership with Colas Construction and Merryman Barnes Architects to develop land owned by the City of Portland at the corner of NE Martin Luther King Jr. Blvd. and Rosa Parks Way. The project design is under development, but answers to many common questions are provided below. If you have questions not answered below, please email Travis Phillips or call (503) 288-2923 ext. 116.

Q: How can I stay informed about the project?
A: To stay informed, we recommend signing up for our e-news. Be sure to check the “I’m interested in” box for King + Parks news. The project team anticipates attending and/or hosting community meetings as the development’s design progresses. Dates for community meetings will be posted on PCRI’s website and shared via our e-news, in addition to other media.

King Parks Apartments: Proposed Site Plan

Q: How many apartments will there be and what size? How big will the building be?
A: In their Request for Qualifications (RFQ), Portland Housing Bureau stated a preference for developments that maximized use of the site and included family-sized rental units, meaning two or more bedrooms. While the project design is still being developed, current designs include 70 units, with the majority of these apartments having at least two bedrooms. Initial designs are for a four-story building along Martin Luther King Jr. Blvd. and Rosa Parks Way, similar in height to a building one block north. Where the new development meets existing residential homes to the west, the building will step down to three stories.

Q: How much will the rents be?
A: The completed development is intended to be affordable to households earning at or below 60% of the Area Median Income (AMI). Some rents will be set to be affordable to families earning 60% AMI, while other units will be reserved for families with lower incomes. The exact mix of affordability and unit configuration is still to be determined, however.

Some subsidized units may be available to households earning at or below 30% of AMI, in which case, monthly rent will be set at approximately 30% of a household’s income. Applicants must meet income restrictions established by the City of Portland’s Housing Bureau. More information can be found on the Portland Housing Bureau website.

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

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

Q: How do I get on the waiting list?
A: A waiting list is not yet available. It is expected that a waiting list will open a few months before construction is complete. To stay informed, we recommend signing up for our e-news. Be sure to check the “I’m interested in” box for King + Parks news.

Q: When will construction start and how long will it last?
A: After a final design has been confirmed, the project will be submitted for city building permits. Construction will start after the building permits have been approved, currently estimated to be mid-2018. We anticipate construction will take approximately 14 months, with completion and resident move-in expected in 2019. This schedule is subject to change as design progresses.

Q: Who will live in the new building?
A: PCRI residents come from all walks of life. They are your cashier at the grocery store, your nurse at the doctor’s office, your bus driver, or the EMT in the ambulance which passed you on the road recently. Many residents (like Rachel, Betty and the Shaw family) utilize the stability of their PCRI home as a stepping stone to homeownership. For the new King + Parks apartments, PCRI anticipates establishing a waiting list separate from our other properties. In an effort to mitigate forced displacement from rapidly-changing neighborhoods, current and former residents of North and Northeast Portland may receive waiting list priority. Additionally, PCRI has agreed to utilize a preference policy established by Portland Housing Bureau, which is still in draft form (when available, we will post additional information and a link to the Housing Bureau’s policy).

PCRI embraces Fair Housing standards and strives to go above and beyond these standards to ensure equity and opportunity for all residents. PCRI is planning to host pre-leasing assistance for prospective residents several months prior to project completion in order to help prepare applicants and resolve potential barriers to tenancy. Applicants will be subject to third-party background checks. As with other PCRI homes, our leases detail expectations that all residents maintain our high standards of property maintenance and neighborly behavior.

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

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

Q: How will this impact my property?
A: Developing a high-quality building will improve the appearance of the neighborhood by improving a currently-vacant lot. Professional landscaping and maintenance will ensure the building remains attractive for the long term. Aside from short-term inconvenience from construction, the new building is expected to have a positive impact on the neighborhood. The design is intended to be responsive to the existing neighborhood, balancing the need for more housing with the scale and feel of the surrounding neighborhood. In addition, a community room situated on the ground floor at the corner of M L King Jr Blvd and Rosa Parks Way is anticipated to be available for community members to reserve and use (details regarding availability are to be determined and may change over time).

Q: How much parking will there be?
A: Details about the amount of parking that can be accommodated on the site is still being evaluated as our project team seeks to find a balance between developing the site efficiently and cost-effectively while minimizing impacts to the existing neighborhood. Preliminary designs include 24 off-street parking spaces, even though current City of Portland zoning code does not require parking for affordable housing development at this location. The project team has considered underground and/or structured parking, but determined that the cost of developing such parking is prohibitively expensive and would not be consistent with our goals of prudent use of public funding. PCRI is also exploring partnerships to incentivize transit, car-sharing, and bicycle use among residents, as well sharing parking with adjacent businesses in order to further reduce parking needs and impacts.

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

June 30, 2016 · by pcriadmin · New Construction, PCRI

IMG_6959In June, 2016, PCRI completed construction of two in-fill developments a few blocks from one another in Northeast Portland. Each development featured three new construction attached townhomes which will be available for rent by families earning up to 50-60% of Area Median Income, based on family size.

Each townhome includes three bedrooms, a full bathroom and laundry room upstairs, while the open main floor includes the home’s kitchen, living and dining rooms and a half bath. Individual front porches give each townhome a welcoming entry, while private fenced rear yards offer a place for residents to garden, relax or play.

Designed by eM|Zed Architecture and built by Colas Construction, these homes will ensure durability, health and affordability for resident families for years to come. These new homes earned Earth Advantage Platinum certification for sustainable construction and energy efficiency. As with other homes developed by PCRI, the homes utilize finishes, cabinetry and flooring chosen for good looks and durability as well as the absence of unhealthy chemicals used in production and finishing. Space and water heating, appliances and lighting fixtures were all selected to maximize the home’s energy-efficiency, reducing utility costs for residents.

One of the two sites was vacant land prior to development of the townhomes. At the other site, an existing, dilapidated single family home was deconstructed prior to development of the new townhomes. The new homes are part of a larger strategy by PCRI to ensure and expand the availability of affordable rental housing in high-opportunity neighborhoods. This home and future developments aim to mitigate–and when possible, prevent–the forced displacement of long-term residents due to rising rents and gentrification.

Families on PCRI’s affordable housing waiting list who were displaced or are at risk of displacement from North and Northeast Portland will receive priority to rent the homes using a “Right to Return” policy developed by PCRI to mitigate involuntary displacement. The homes will be reserved for rent by families earning up to 50-60% of Area Median Income (income thresholds vary by unit) and will rent for $955 to $1,146 per month.

This new construction project, built by Colas Construction, also provided good paying construction jobs for historically underutilized firms. Construction work performed by certified minority-owned businesses comprised approximately half of all subcontracted construction expenses. In addition, volunteer partnerships helped stretch the project budget while ensuring the new home was a compliment to the neighborhood.

Funding for this project was provided by Portland Housing Bureau, Pacific Continental Bank, the U. S. Department of Housing and Urban Development (HUD), a deconstruction grant provided by the Portland Bureau of Planning and Sustainability, equity invested by PCRI, and the use of energy-efficiency incentives from the Energy Trust of Oregon.

December 12, 2014 · by pcriadmin · New Construction

This new construction 4-bedroom, 2-bath home in Portland’s Woodlawn neighborhood was completed in December 2014. The home earned Earth Advantage Platinum certification for its’ sustainable construction and serves as a prototype for future developments. A main floor bedroom and bathroom, as well as all living spaces, are accessible to a resident with mobility impairments. Upstairs, three additional bedrooms and a full bathroom provide space for a larger or extended family.

As with other homes developed by PCRI, this home benefits from finishes, cabinetry and flooring chosen because for good looks and durability as well as their absence of unhealthy chemicals used in production and finishing. Space and water heating, appliances and lighting fixtures were all selected to maximize the home’s energy-efficiency, reducing utility costs for residents.

When PCRI determined that the existing home on this property wasn’t practical to rehabilitate, we looked to replace it with a new home that was not only affordable and practical, but also healthy and efficient. The new home is part of a larger strategy by PCRI to ensure and expand the availability of affordable rental housing in high-opportunity neighborhoods. This home and future developments aim to mitigate–and when possible, prevent–the forced displacement of long-term residents due to rising rents and gentrification.

This new construction project, built by Albina Construction, also provided good paying construction jobs for historically underutilized firms. Construction work performed by certified minority-owned businesses comprised approximately half of all subcontracted construction expenses. In addition, volunteer partnerships helped stretch the project budget while ensuring the new home was a compliment to the neighborhood.

Funding for this project was provided by Portland Housing Bureau, the U. S. Department of Housing and Urban Development (HUD), equity invested by PCRI, and the use of energy-efficiency incentives from the Energy Trust of Oregon.

 

November 1, 2010 · by pcriadmin · New Construction

In 2010, PCRI realized a long-standing dream: to develop new sustainable, efficient and affordable homes available for low- and middle-income families.  With funding from Portland Housing Bureau, these four new three-bedroom, 2-bath homes were completed in late-fall 2010 and represent our commitment to expand home ownership opportunities to historically underserved families.

The new homes also showcase PCRI’s commitment to sustainability–employing durable, low-maintenance materials, state-of-the-art energy-efficient appliances and mechanical systems and innovative building and insulation techniques.  The homes earned LEED Gold certification and were featured in the City of Portland’s 2010 Build it Green! homes tour.

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