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Old Posted Mar 24, 2022, 10:00 PM
maccoinnich maccoinnich is offline
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Join Date: Jan 2009
Location: Portland
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Quote:
Originally Posted by CorbinWarrick View Post
A complete waste. I don’t get Portland developers/investors. Do they not think a taller tower wouldn’t be filled?
Well, FWIW Mill Creek is a national developer.

Going high rise costs a lot more money to build, per sq ft. In the Pearl, it's clear that developers think they can lease those buildings at a price that covers that extra costs. On this site, they clearly think that they can't, because they do build high rise product.

Quote:
Originally Posted by MarkDaMan View Post
I don't see how that ground floor plan gets approved in downtown. Agree with others, this proposal as stands is an incredible waste of a large block in the middle of the university.
Agreed. On the one hand, I realize there isn't enough retail to fill the ground floor of every apartment that ever gets built. On the other hand... this site is incredibly active (or at least was pre-pandemic; I haven't been by there recently), and can surely support somewhat more retail than they're showing.
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