Burnside Has a Bold New Back Yard

Burnside Has a Bold New Back Yard

The Yard is a new 21-story building with 16-floors of apartments atop 5 stories of retail and work spaces. The tower, located at NE 2nd and Burnside, is a parallelogram with a wedge shape that appears narrow. Yard contains parking for 200 cars and 450 bicycles. The tower will have 284 apartments, including 57 units classified as affordable. Yard apparently has 10% fewer windows than originally approved, which has resulted in some controversy. Word is that Yard will open in 2016.

A second project known as the Dumbell because of its two six-story cubes joined by a connecting sky-bridge is also currently under construction.

A third project, a new building called Framework, will be a ten-story modular building resembling shipping containers placed together like a pile of blocks.

Read more in this month’s edition of The Southeast Examiner.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com