Developer Plans 125-Unit Portland Apartment Building

Developer Mill Creek Residential is planning to build a six-story building at 1319 N.W. 22nd Avenue in Portland with 125 units and ground-floor parking, according to documents filed with the city’s planning department.

The building, called Modera Slabtown, would also have three outdoor common areas and amenity spaces on the ground floor, reported the Portland Business Journal. The site is currently comprised of three buildings with medical offices and underground parking. Mill Creek has developed multiple apartment buildings across the Portland metro, and Modera Slabtown would be the company’s seventh building in the metro.

The Moderna Slabtown project is in the early planning stages. Mill Creek will be able to submit for permits after answering questions from the city at an upcoming meeting. The proposed project comes as new housing developments in Portland are scarce. Prosper Portland recently approved a loan forgiveness program for potential office-to-residential projects to support more new housing options in the city.

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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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