Four-story 45-unit condo project approved for East Bayside
Portland planners have approved a four-story, 45-unit condominium complex in Portland’s East Bayside neighborhood.
The Portland Press Herald reported the $13 million project, on steeply sloped land at 218-220 Washington Ave., is expected to break ground next spring.
City spokeswoman Jessica Grondin told the newspaper the project was approved with conditions, one of which requires Portland developer Vincent Maietta to pay $461,000 into the city’s housing trust fund.
The approval comes on the heels of the City Council's vote to sell four city-owned parcels in Portland's Bayside neighborhood, to be redeveloped in mixed-use projects, for nearly $4 million. Earlier this month, the PPH reported the parcels will be sold to the following developers: Jack Soley; Tom Watson & Co. LLC; and Barrett Made, a design and building firm. Developer Nathan Szanton and Bayside landowner Ross Furman are being recommended to buy and develop a small parcel surrounded by property Furman already owns.
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