Almr

Size

87,350 sq ft

Completed

2024

Location

Architecture, Interior Design

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Description

Acquired in December 2014, Àlmr is one of the few remaining land parcels in the highly desirable NW Portland submarket. Upon completion, Àlmr will feature ground-floor retail spaces with three floors of residential apartments above. The property is located in the Alphabet Historic District of NW Portland, just a short walk from Trader Joe’s, the Pearl District, three outstanding city parks, dozens of bars and restaurants, and Providence Park, home of the Portland Timbers. The neighborhood offers a vibrant mix of Old Portland-style houses, vintage apartment buildings, and modern condominiums. The site provides excellent accessibility, situated within three blocks of two bus lines and the streetcar line, which connects to the Pearl District, downtown Portland, Portland State University, and the South Waterfront. The building has been constructed to high energy efficiency standards and has achieved LEED Gold certification.

Key Features

  • Property: Mixed-Use
  • Location: Portland, Oregon
  • Size: 87,350 sq ft
  • Units: 57 Res/5 Retail
  • Strategy: New Construction
  • Year Built/Projected Completion Date: 2016/2018