Development Opportunity 4905 NE Going Street

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Sandra Henderson
5 years ago
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1 Development Opportunity 4905 NE Going Street OFFER PRICE: $1.75M LOT SIZE: 1.27 ACRES (55,321 Sq. Feet) SHOVEL READY OPPORTUNITY IN EXCELLENT NORTHEAST PORTLAND LOCATION SITE IS APPROVED FOR 8 BUILDING/11 RESIDENCE DEVELOPMENT PROJECT JOINT VENTURE WITH BIRDSMOUTH CONSTRUCTION IS A POSSIBILITY OR CREATE YOUR OWN VISION WITH THIS UNIQUE SITE PERMIT READY PLANS IMPECCABLY DESIGNED BY BIRDSMOUTH CONSTRUCTION AVAILABLE. PLANS INCLUDE ALL ARCHITECTURE AND ENGINEERING FOR SITE AND BUILDINGS TO CREATE A ZERO ENERGY COMMUNITY OF SMART, SOPHISTICATED HOMES IN THE HEART OF THE CULLY WEST NEIGHBORHOOD

2 4905 NE Going Street: Site Map Site

4905 NE Going Street: In-Progress & Area Developments 1. 5640 NE Killingsworth - Proposal is to develop site with up to 15 units residential housing (early assistance). 2.

3 4905 NE Going Street: In-Progress & Area Developments NE Killingsworth - Proposal is to develop site with up to 15 units residential housing (early assistance) NE Killingsworth - 2 Story office building for Hacienda CDC. Design by Scott Edwards Architecture (completed) NE Killingsworth - A multi-family, mixed use & income development with 2 buildings, a central plaza, parking garage & commercial space. This will be an affordable housing development working Hacienda CDC. The existing structure will be 7 Site demolished (early assistance) NE 42nd - Makers Row Apartments: 19 units & one commercial space NE 42nd & Prescott - Construction of new 4-story apartment building (19 units), with ground floor retail & parking (early assistance) NE Fremont - Bridgetown: New 4 story mixed use building with ground floor retail & 50 residential units on upper floors. Includes onsite parking; fenced in electrical transformer (under construction). 7. Cully Grove - 16 homes and a shared common house with shared bike parking and solar panels 8. Cully Green - Orange Splot LLC is planning a 23- home community designed in partnership with David 6 Bonn Design and Communitecture

4905 NE Going Street: Location & Demographics About the Community Located in the Cully neighborhood of NE Portland, the lot is cleared & ready to build.

Going Street is a bike friendly & walkable street, home to both large & small lots, including similar condo style developments.

4 4905 NE Going Street: Location & Demographics About the Community Located in the Cully neighborhood of NE Portland, the lot is cleared & ready to build. Large groves of Douglas Fir trees dot the property & plenty of open space & solar access is available. The lot is located nearby the Rigler School & the new Khunamokwst Park. Going Street is a bike friendly & walkable street, home to both large & small lots, including similar condo style developments. Nearby 42nd Ave offers restaurants & bars, a butcher shop, bakeries, shops & services. The lot is approximately 15 minutes drive to downtown Portland & 20 minutes from the Portland International Airport. Population (2017) Median HH Income (2017) Median Age (2017) Pop. Groth Household Growth Mile 22,429 $67, % 0.88% 3-Miles 157,101 $61, % 1.09% 5-Miles 392,420 $55, % 1.18%

4905 NE Going Street: Possible Joint Venture Development Going Street Commons https://www.goingstreetcommons.

5 4905 NE Going Street: Possible Joint Venture Development Going Street Commons Property Features & Amenities 3 Duplexes & 5 Single-Family Homes All units 3 bedrooms, 2.5 bathrooms Projected price $675K to $750K Projected HOA fees between $125-$200 per month Solar Panel Ready Passive House Design Universal Design/Aging in Place Covered Entry Porch Laundry Closet Built-in Window Seats Concept and plans developed by Birdsmouth Construction, recipient of the 2016 Earth Advantage Green Home Builder of the Year Award 1. Community Garden 2. Common Space 3. Children s Play Space 4. Parking (Future Solar PV Carport) 5. Parking 6. Covered Bike Storage 7. Mailboxes 8. Trash/Recycling 9. Garden Shed & Rain Water Harvesting

6 4905 NE Going Street: Lot Map

7 4905 NE Going Street: Zoning Map OS R NE Going R5 R3 Seller has completed a Type III land use adjustment (approved and recorded) to allow a condo-style development of 11 units. Buyer to do due diligence with City of Portland for other possible uses.

PRELIMINARY JULY 24, 2017

PRELIMINARY JULY 24, 2017 YOUR NEIGHBORHOOD All renderings, floor plans, and maps are artist s concepts and are not intended to be an actual depiction of the buildings, fencing, walkways, driveways or