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

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.

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