Document Type

Report

Publication Date

Summer 2019

Keywords

Portland State University. School of Business Administration. Center for Real Estate, City planning -- Oregon -- Portland

Abstract

The subject site is situated on the northeastern corner of the Portland Convention Center, between NE Martin Luther King Blvd and NE Grand Ave. Both parcels of land are owned by Prosper Portland, who is interested in establishing stable income streams from this land. The Woodworks building will provide 132,059 SF of creative office space, 27,880 SF of retail space on the ground floor, and 67 underground parking stalls. The first floor retail amenities will capitalize on traffic from the adjacent convention center and will include local small business retailers, women-and-minority owned businesses, a childcare service, and organic eateries. The above five floors of creative office space will display the cross-laminated timber construction elements, a building style which has enjoyed successful reception in past Portland projects. Competitive leasing elements include TI buildout allowances, leasable outdoor terrace space, parking allowances, and LEED Gold certified operation.

Description

Each winter and summer, a team of students from Portland State University’s Master of Real Estate Development program are tasked with creating a development program for an existing site in the Portland or Seattle region. These teams produce a development concept through ingenuity, research, and consultation with experts in the real estate industry. NAIOP has generously sponsored our team and provided a venue for us to present our plan to the public.

Persistent Identifier

https://archives.pdx.edu/ds/psu/33077

Additional Files
Convention Team Presentation.pdf (2938 kB)
PowerPoint Presentation
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