flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

A threesome of transit-oriented projects

Multifamily Housing

A threesome of transit-oriented projects

Developers and their project teams are recognizing the value of walkability, convenient neighborhood services, and transit access, as these three TODs demonstrate.


By Rob Cassidy, Executive Editor | October 23, 2018
The Metro
The Metro

 

MULTI-PHASE TOD COMPLEX OUTSIDE PORTLAND, ORE.

Photo:: Peter Eckert.

The Platform District at Orenco Station is a 135-acre transit-oriented development in Hillsboro, Oregon’s fifth-largest city. The TriMet MAX Blue Line light rail connects to downtown Hillsboro, to downtown Portland—14 miles away—and to the airport. It consists of a 5.5-acre public plaza (by landscape architect Walker/Macy) and three mixed-used buildings designed by Leeb Architects: the 343,500-sf Rowlock (shown here), with 255 apartments and townhomes; Hub 9 (124 apartments, 168,000 sf); and the 339,200-sf, 230-unit Vector, which provides the park-and-ride component at the transit stop. The Orenco TOD totals 609 residences and 25,000 sf of retail space.

 

CO-DEVELOPERS COMPLETE PHASE 3 OF INLAND EMPIRE Transit COMPLEX

The Metro is the third phase (286 units) of a buildout of a total 868 luxury apartments in Corona, Calif., just a half mile from the North Main Metrolink station. The Riverside County enterprise has 70,000 sf of retail space. Each apartment has a balcony/patio and Nest climate controls. There’s a dog park, WiFi/game lounges, a cabana-lined pool and spa, and rooftop deck with views of the San Gabriel Mountains. Wermers Properties and Watermarke Properties were the co-developers.

 

leed gold tod HIGH-RISE opens in ARLINGTON, VA.

The Latitude, a 12-story mixed-use luxury apartment community, has 265 market-rate rentals and 14 affordable units. The LEED Gold project is located directly across from the Virginia Square–George Mason University Metro station in Arlington, Va. Designed by architecture firm Davis Carter Scott and interior designer Linowes Design Associates and built by general contractor CBG, the property has 3,011 sf of retail space, 2,675 sf of ground-floor cultural space, and a 12,000-sf public plaza and walkway. The original owner, Penrose Group, sold the property in March to Texas-based REIT Monogram Residential Trust for $143 million.

Related Stories

Office Buildings | Feb 18, 2015

Commercial real estate developers optimistic, but concerned about taxes, jobs outlook

The outlook for the commercial real estate industry remains strong despite growing concerns over sluggish job creation and higher taxes, according to a new survey of commercial real estate professionals by NAIOP.

Multifamily Housing | Feb 17, 2015

NYC multifamily sales increased by 39% in 2014

For New York City as a whole, $20 million-plus deals accounted for more than half of all transactions.

Multifamily Housing | Feb 17, 2015

California launches pilot program to finance multifamily retrofits for energy efficiency

The Obama Administration and the state of California are teaming with the Chicago-based MacArthur Foundation on a pilot program whose goal is to unlock Property-Assessed Clean Energy financing for multifamily housing.

Multifamily Housing | Feb 17, 2015

Young Millennials likely to return home

Ninety percent of individuals born between 1980 and 1984 and who hold a Bachelor’s degree left home before they were 27 years hold. However, half of this group later returned to their parents’ home, according to a study by the National Longitudinal Study of Youth.

High-rise Construction | Feb 17, 2015

Work begins on Bjarke Ingels' pixelated tower in Calgary

Construction on Calgary’s newest skyscraper, the 66-story Telus Sky Tower, recently broke ground. 

Mixed-Use | Feb 13, 2015

First Look: Sacramento Planning Commission approves mixed-use tower by the new Kings arena

The project, named Downtown Plaza Tower, will have 16 stories and will include a public lobby, retail and office space, 250 hotel rooms, and residences at the top of the tower. 

Codes and Standards | Feb 12, 2015

New Appraisal Institute form aids in analysis of green commercial building features

The Institute’s Commercial Green and Energy Efficient Addendum offers a communication tool that lenders can use as part of the scope of work. 

Multifamily Housing | Feb 9, 2015

GSEs and their lenders were active on the multifamily front in 2014

Fannie Mae and Freddie Mac securitized more than $57 billion for 850,000-plus units.

Multifamily Housing | Feb 6, 2015

Fannie Mae to offer lower interest rates to LEED-certified multifamily properties

For certified properties, Fannie Mae is now granting a 10 basis point reduction in the interest rate of a multifamily refinance, acquisition, or supplemental mortgage loan. 

Cultural Facilities | Feb 5, 2015

5 developments selected as 'best in urban placemaking'

Falls Park on the Reedy in Greenville, S.C., and the Grand Rapids (Mich.) Downtown Market are among the finalists for the 2015 Rudy Bruner Award for Urban Excellence.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021