Riverplace Parcel 3 (2 buildings) | 6 and 13 floors | 140’-10” | Complete
 

Emphasis mine.


...continues at the Oregonian.

Wish they were bigger buildings with more units, but will be a good addition to that area nonetheless.

Fred Meyer wants to be there, even with another grocery store being built downtown? Well THAT'S interesting. It seems like a tough spot for a grocery store because it's kind of sort of walkable to SOWA, yet it's enough of a distance that it'd be annoying to walk it in the rain. I'd say the same for most of Riverplace. Yes, it's on the streetcar line, but so is Safeway, Whole Foods and the forthcoming Hub store. Interesting, interesting, interesting.

I'd love love love to see one of these plans get built on that site though. That location would fill in such an ugly gap between the end of Riverplace and the beginning of SOWA.

At 30,000 sq ft, I doubt Fred Meyer would be interested, so it would be interesting to get their take on it. They did have some interest in locating elsewhere in SOWA but my understanding is that they walked away when they realized a store that small would make little sense. Their average store runs 130,000 sq ft and the grocery dept takes up around 75,000 st ft. Would make way more sense if it was a QFC. It's hardly one stop shopping when have a store that small.

Fred Meyer i.e. Kroger has QFC as well, which is a much smaller store. They are also rumored to be launching a new brand....a more boutique like organic market with a very small footprint. I believe they were looking at a location in SOWA of less than 10K under a different brand....but still Kroger.

Despite the image and headline, this is Riverplace (not South Waterfront).

...continues at the Portland Business Journal.

Here's an image and description of the Williams & Dame proposal, from the Oregonian, earlier this month:

http://imgick.oregonlive.com/home/olive-...lliamsriverplacepng-988d7aa7b4812509.png

I've thought about this too. I don't know that "Riverplace" is large enough to be it's own neighborhood. I expect it to tag onto the South Waterfront as the area grows into a powerhouse district with all the OHSU and Zidell developments creating a desirable neighborhood.

It's funny you should mention that.

At first glance, I was confused by maccoinnich's comment about this being Riverplace, not SOWA. I always thought of SW River Parkway as the dividing line where Riverplace ends and South Waterfront begins... but that's obviously not the case since the nearby Residence Inn uses Riverplace as part of its name.

This proposal for the lot on the south side of SW River Pkwy is a reminder that there's value in location. I'd assume South Waterfront has more value as a location than Riverplace, and since this lot is near the border between the two, they'll sell it as being part of SOWA. Both neighborhoods would benefit greatly by this being built, especially once SOWA starts filling in further northward.

The southern boundary of "Downtown" is the I-405 / I-5 loop. As such Riverplace is in Downtown.

http://i.imgur.com/b2MwRDr.png

South Waterfront doesn't have it's own neighborhood association - it's part of South Portland, which also includes areas like Lair Hill and Macadam / Corbett. As the OHSU Schnitzer campus and Zidell property develop Riverplace and South Waterfront will be much less separated than they are now, and will probably feel more like a continuous urban area. It might make sense for them to linked together as one neighborhood association, separate from either Downtown or South Portland.

Riverplace Parcel 3 (2 buildings) | x' | 6 and 14 floors | Proposed
 

Ankrom Moisan Architects have scheduled a Pre-Application Conference to discuss Riverplace Parcel 3:

So where is this in relation to the other two? It seems like all the lots are already taken now.

"Proposal is for two towers on single site with a single level of parking below grade (173 spaces). One tower will be 6 stories with retail and grocery space at ground level and 5 levels of apartments (162 units.) second tower will be 12 stories with retail, residential amenities and parking for grocery (65 spaces) and ten stories of affordable apartments above for 204 units."

This is a great location to add 366 units. But since when is 6 stories considered a "tower"?

The "other two" what?

I'm assuming this is the lot next to that large power transformer (thing), right?

Yes

I love that six stories is considered a "tower".

I'm pretty sure the Washington Towers Apartments at SE 15th and Stark don't exceed 3 stories. ;-) My favorite ironic name in the whole city.

Actually those towers are only 2 stories. My wife use to live there back in our dating days.

Notice of a Pre-Application Conference [PDF].

RiverPlace Parcel 3 development proceeding
 

By: Stephen Alexander in Real Estate and Development November 2, 2015 12:20 pm



The Portland Development Commission is moving forward at RiverPlace Parcel 3, and finishing nearly two decades of work to develop the North Macadam urban renewal area.

“We’re sort of nearing the end of our participation in that area,” said Eric Jacobson, senior project manager for the PDC. “This is a key part to making it a complete neighborhood by adding the affordable housing.”

The plan is to construct on RiverPlace Parcel 3, a 2.01-acre site at 2095 S.W. River Parkway, two buildings with a single level (173 spaces) of parking below grade. One building will be six stories with retail and grocery space at the ground level and five levels of apartments (162 units). The second building will be 12 stories with retail, residential amenities, 65 spaces of parking for grocery shoppers and 10 stories of affordable apartments (204 units).

The property has sat vacant for a number of years. The PDC and the Portland Housing Bureau earlier this year selected BRIDGE Housing Corp./Williams & Dame as the development team. The architect will be Ankrom Moisan Architects.

The project’s estimated total cost is $93 million, with at least $19 million coming from urban renewal funds. Stakeholders hope that construction begins by the end of 2016 and finishes within 20 months.

The PDC, the Portland Housing Bureau and the development team have entered into a due diligence and negotiation phase with the goal of reaching a purchase and sale agreement for the property. The intent is to bring the agreement before the PDC’s board by the end of the year.