Wednesday, September 19, 2012

New Multifamily Development on Division St. - 224 Apartments And No Parking

Seven of the 11 new buildings won’t have on-site parking—thanks to a city zoning rule that exempts developers from having to provide it. That’s 224 new rental units in 13 blocks without a single new parking space.  Read more in today's Willamette Week article.

Meanwhile the Oregonian reported today that a 68-unit apartment building on N. Interstate being built without parking has neighbors in an uproar.  Read more.

OPB is now compiling its stories on the issue -- Click here.

See all of HFO's current multifamily investment properties in Oregon and SW Washington.