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Seattle & Northwest  + Portland  + Apartments  |  February 10, 2025
Jasmine Kilman
By: Jasmine Kilman

Construction on Gresham Mixed-Use Community Complete

Construction is now complete on Arts Plaza Apartments, a four-story, 97-unit mixed-use building at 492 N.E. Second St. in Gresham, Oregon, with leasing underway.

Developed by Gibbins Kaplan Development and Capstone Partners, the $26 million project is now under management by CloudTen Residential.

Arts Plaza Apartments is located in historic downtown Gresham, on the eastern outskirts of Portland. “The new community consists of 20 studios, 48 one-bedroom units, 21 two-bedroom units, three three-bedroom units and five live/work units – all ranging from 442 to 1,172 square feet,” said Lydia Stiles, regional asset director of CloudTen.

The 82,000-square-foot building also encompasses 950 square feet of retail space on the ground floor, occupied by Autumn Coffee Roasting. The Arts Plaza Apartments construction team includes Team Construction and MWA Architects.

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Inside The Story

Arts Plaza ApartmentsGibbins Kaplan DevelopmentCapstone Partners

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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