Construction is underway on a new mixed-use building in Portland, Oregon’s Burnside Bridgehead area.
The building, known as Block 75, is going up at the corner of Northeast Davis Street and Martin Luther King Jr. Boulevard.
The Block 75 building will include 75 residential units, expected to rent at market rates. There will also be 32,000 square feet of office space and other work areas. At the street level, the building will have almost 10,000 square feet available for restaurants and retail stores. An underground parking facility will be able to accommodate 42 vehicles.
The Block 75 project is expected to qualify for financial incentives under Portland’s Transit Oriented Development program. This program, part of the Portland Metro system, provides financial incentives designed to encourage mixed-use projects served by mass transit.
Developers include Beam Development, Urban Development + Partners, and Works Partnership Architecture.
Block 75 is one of several new construction projects that are revitalizing the Burnside Bridgehead site, which has seen several delays and a significant drop-off in construction activity. This latest addition to Portland construction was inaugurated with a formal groundbreaking ceremony in late January.
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