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Future Projects

Currently, our redevelopment efforts are focused on properties in Old Town/Chinatown and the Central Eastside of Portland, Oregon.

The Old Town/Chinatown neighborhood is at a critical point in its long and rich history. A strong and diverse community has come together in the last few years – perhaps in a way like no other time in its history.

The Central Eastside Urban Renewal Area is located along the eastbank of the Willamette River. This district is considered a key employment center for Central City, and urban renewal efforts are focused on creating and maintaining jobs in the area. (Source: PDC)

Southeast Morrison KeyCenter

726 SE Morrison
Portland, OR 97214

Southeast Morrison KeyCenter

This project will focus on the redevelopment of two adjoining properties and will feature an infill mixed-use building, office, and retail property with subgrade parking. This is Phase II of the Grand Central Corridor Project. Phase I, the Grand Central Building is now complete and leasing is underway. Phase III is slated to be a nine-story residential/retail mixed use project located on SE 9th Street, to the east of the Grand Central Building.

Planned features include:

  • Ground level retail space with high ceilings (approx. 20,500 sq. ft.)
  • 5 floors of office space (26,000 sq. ft per floor) for a total of 130,000 sq. ft of leaseable space
  • Underground parking with approx. 127 spaces
  • Building will seek LEED® Certification

Floorplans

Baggage & Carriage Building

126 SW 2nd Ave
Portland, OR 97204

Rendering of Baggage & Carriage Building

Built in 1886, the Baggage & Carriage Building is a 28,500 square foot three-story building that occupies ¼ of a city block at SW Pine and 2nd Streets in downtown Portland. The 9,500 sq. ft. first floor is occupied by The Zone, an underage nightclub. The second and third floors are currently unoccupied.

Foresight Development will be converting this property to mixed use featuring a restaurant and ground-floor retail shops. The second and third floors (approx. 9,750 sq. ft. each) will be converted to office space. A new single-story 4,900 sq. ft. penthouse with rooftop garden is also planned.

Floorplans

More projects coming soon...

Southeast Morrison KeyCenter

Rendering of Southeast Morrison KeyCenter