Portland’s South Waterfront may soon be home to a few new residential buildings, according to the Portland Business Journal. Seattle and Tacoma developers have suggested demand is returning for market-rate residential projects in the South Waterfront’s central district, and now, two Puget Sound developers from the for-profit sector are taking aim at South Waterfront. According to Seattle-based Harbor Urban, “it is taking steps to construct a 280-unit, six-story residential tower on Block 37, at Southwest Gains St. and the Willamette River.”
This tower would be Harbor Urban’s first Portland project, but its managing partner, Jim Atkins, has developed in South Waterfront a number of times. Atkins previously worked as a senior development manager for Williams & Dame Development Co., where he helped develop master plans for both the Pearl District and South Waterfront. He provided development management services that were vital to the success of Williams & Dame Development Co. projects such as Broken Top, Hoyt Street Yards, South Waterfront, and South Park. He is a licensed engineer in Oregon, Washington, and Virginia, and he has a depth of experience in planning, design, and construction capacity for major site developments, industrial projects, major municipal infrastructure projects, and resort developments.
According to public records, Williams & Dame owns the development site, and Harbor Urban will not comment further on the project before it advances.
Tacoma-based ZV Co. Inc. has also proposed a 199-unit residential project with two levels of subgrade parking and 1,450 square feet of retail space. This project will be built at 0601 SW Abernathy St. The permit was filed by its Dallas, Texas-based architect Hensley Lampkin Rache Inc. The project has a $29.2 million construction value, and the application is pending.
Lastly, the Zidell family is preparing to open The Emery in the South Waterfront area. The Emery is a 118-unit apartment building just south of the Ross Island Bridge. It is the first project of what will eventually be a full building out of Zidell Yards, a 30-plus acre site adjacent to Zidell Marine. The Emery is a mixed-use apartment building named after Emery Zidell, chief visionary of the family business and son of founder Sam Zidell. As for Zidell Yards, the land has been home to the family’s industrial businesses for generations, but after extensive environmental restoration, the site is prepared for redevelopment. The family plans to transform the land into a mixed use district complete with parks, plazas, and river access, and The Emery is just the beginning of this plan. Portland’s South Waterfront is undergoing a major transformation.