Posted Aug 15, 2018, 10:58 PM
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Join Date: May 2005
Location: Portland
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Posted on 8/15/18, subscription required.
https://www.bizjournals.com/portland...526&j=83289361
Quote:
PDX Real Estate Insider: Three things I've heard about a South Waterfront shuffle and some restaurant goings-on
By Jon Bell – Staff Reporter, Portland Business Journal
5 hours ago
Two years ago, Bay Area developer Prometheus Real Estate Group embarked on a plan that could have eventually brought 1,200 more apartments to Portland's South Waterfront neighborhood.
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Word on the street is that the company has been rethinking whether it wants to tackle that development itself or possibly sell off some of the land to another developer. Victoria Norris, an account coordinator with the public relations firm Matter, confirmed as much in a recent email.
"Prometheus is continuing to work with the local agencies to advance the development plans for the lots. They have not determined whether it will commence construction itself or potentially sell a portion of the land to concentrate its investments in Slabtown with the Carson, Raleigh- Slabtown and Slabtown East."
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