High Street Residential Breaks Ground on Beaverton Mixed-Use Development
High Street Residential, the residential subsidiary of Trammell Crow Company, along with joint venture partners SCOA Real Estate Partners and Lease Crutcher Lewis, has broken ground on a 369-unit mixed-use, transit-oriented apartment community in Beaverton, Oregon.
The project marks one of the largest multifamily groundbreakings in the region in recent years. The apartments are expected to begin delivering in 2027. Located on a 5.82-acre site between Southwest Wilshire Street and Park Way, the project will replace a portion of the Cedar Hills Shopping Center. The community will feature 369 apartments across three, four and five-story buildings, along with 5,040 square feet of ground-floor retail space.
Designed by LRS Architects, the project will offer studio to three-bedroom residences. “We don’t think there’s ever been a better time—or a more compelling reason—to build apartments in the Portland metro,” said Damin Tarlow, Principal with TCC. “Supply is at historic lows relative to demand, and new construction has been muted for several years, while the metro’s diverse economy and world-class livability continue unabated.”
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Affirmed Housing Breaks Ground on Affordable TOD in La Mesa
The San Diego Metropolitan Transit System (MTS) and Affirmed Housing held the groundbreaking of Spring View, the latest transit-oriented affordable housing community to result from the organizations’ longstanding partnership. Located at the Spring Street Transit Center in La Mesa, the nearly $116-million development will provide 145 affordable homes and two manager units with convenient access...
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San Ramon Apartments Fetch $78M After 15-Year Hold
Berkadia has completed the $78-million sale of Bridges at San Ramon, a 200-unit multifamily community located in San Ramon. The transaction equated to $390,000 per unit. Senior managing director Jason Parr, managing director Scott MacDonald, associate Sydney Ladrech and director John Hansen of Berkadia San Francisco arranged the sale on behalf of the seller. “Bridges...
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Forest Hill Condo Site Reworked Into 230-Unit Rental Tower
Stafford and DBS Developments are recasting a Forest Hill site previously marketed as an ultra-luxury condominium into a 27-storey purpose-built rental development with more than 230 units. The project at 429 Walmer Rd., just north of St. Clair Avenue West, represents a substantial change from Stafford’s earlier plans for the property. The developer launched sales...
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Brokers
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Remax Professionals
Re/Max Real Estate Professionals | New York
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout