Find out about this mixed-income, transit-oriented development consisting of four apartment buildings and 26 townhouses.
Redeveloping a 4.8-acre former maintenance yard sandwiched between a freeway off-ramp and an established neighborhood retail district presented many challenges. Mitigation of contaminated soil was needed. Partnerships were formed. Funding gaps were overcome. Since its completion, Center Commons has been recognized as a successful and pioneering transit-oriented development.
Situated on 4.8-acres and located within walking distance of the Northeast 60th Avenue MAX light rail station, Center Commons is a mixed-income, transit-oriented development consisting of four apartment buildings and 26 townhouses. The apartment buildings contain 172 units of affordable housing for seniors, 60 affordable family units and 56 market rate units. An on-site day care facility and a play area for children are also included. The three-story condominium townhouses were built primarily for first time homeowners and were made available for sale to both conventional and below-median-income buyers. Income qualifying households receive a 10-year transit-oriented property tax abatement from the city of Portland because of the development's proximity to the MAX light rail system.
First project in the U.S. to be funded with FTA funds where the property was bought and sold in escrow to achieve a land value write-down
American Institute of Architecture/Housing and Urban Development, Secretary's Mixed Use/Mixed Income Development Award
Governor's Livability, Honorable Mention Award