Oliver Station

Oliver Station2018-10-29T15:11:01+00:00

Project Description

Oliver Station

Contacts

General Questions: Alison Wicks, Project Coordinator, 503-823-3949
Apartment Leasing: 503-232-1883, oliverstation.com
Commercial Space Leasing: Gary Surgeon, 503-274-0211, gary@cra-nw.com

Oliver Station takes its name from Oliver Perry Lent, one of the area’s earliest settlers. Developed by Palindrome Communities, the project adds both affordable and market-rate housing to the Lents Town Center. Expected completion is March 2018.

Oliver Station includes two buildings on two sites on either side of SE 92nd Avenue between SE Foster Road and SE Woodstock Boulevard. Combined, the two buildings will add 126 affordable apartment units and 19 market rate apartment units to Lents Town Center and approximately 29,000 square feet of ground floor commercial space with parking included.

Oliver Station Apartments Leasing

Working with our partners at Palindrome Communities, 4,000 square feet of this space has been reserved for Prosper Portland’s Affordable Commercial Tenanting Program.  Spaces in Oliver Station will be at a minimum of 1,000 square feet for commercial uses and a minimum of 1,500 square feet for a restaurant use.  Initial commercial rents in Oliver Station will be 10% below market rents for new class A commercial space.  Tenants may also qualify for a contribution toward tenant improvement build-out in the form of a grant from Prosper Portland.

Oliver Station Commercial Leasing

Project Details

  • Project Under Construction

  • $8,100,000 investment by Prosper Portland, land sale

  • Financial Partners:
    Palindrome, Portland Housing Bureau, CREA, Citibank, Home Forward, Metro, Prosper Portland, Clearinghouse CDFI
  • LEED Gold Target [?]

  • Design & Construction:
    Ankrom Moisan, Urban Edge Builders

Business and Workforce Equity Performance Data

The Business and Workforce Equity data below is specific to this project. Additional data is available for all of our under construction and recently completed projects.

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