PORTLAND, Ore. – Nearly a year after physical work began on the redevelopment of a block in the Eliot neighborhood of North Portland, one of two new residential structures has taken shape around the last remaining single-family home on the block.
The project was profiled by the Portland Chronicle in March 2015 when permits were issued and the work was beginning, and again in April when a house built in 1905 was torn down to make way for a new, 104-unit development.
That building, owned by Cook Street Lofts LLC, runs the length of North Vancouver Avenue between Fargo and Cook streets.
The LLC is now registered to Otto Gaither and Investment Development Management LLC, both of Vancouver.
The five-story building has risen around the last remaining home on the block, a 1902 home owned by Deborah Parker. Several other vacant lots on the same block along North Williams Avenue and on North Cook Street are also owned by Parker, as is a commercial building home to The People’s Pig. No development has been proposed on any of those properties.
A vacant lot at the corner of North Williams Avenue and North Fargo Street, however, is owned by Solterra Canopy LLC, a development company which has applied to build a six-story 50-unit residential development on the site.
Construction of that building would mean the 1902 home would be surrounded on three sides by five- and six-story residential developments.
As the Portland Chronicle noted last year, the two buildings will bring 154 units to the block previously home to three single-family dwellings.