Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022
Portland Colleges City Tout New 100 Million Academic Building In Downtown
Dated: March 20 2017
The city of Portland and its three biggest schools of higher learning are teaming up to transform a parking lot into a nearly $100 million hub for public health, education and city services.
Leaders from Portland State University, Oregon Health & Science University, Portland Community College and the city on Monday will formally kick off plans to construct a 200,000-square-foot building on PSU's downtown campus by 2020. Still in the design phase, the building is projected to be seven to nine stories tall.
The finished project would be one of the largest academic structures in the city and fill a void for PSU along its nearby transit hub.
"We are very excited to leverage the power of PSU, OHSU and PCC to train Portland's future health and education leaders," PSU President Wim Wiewel said in a statement. "This unique collaboration with the city takes us to a new level of community cooperation, one that sets a standard for Portland, the region and the state."
The building will eventually house PSU's Graduate School of Education as well as the OHSU-PSU School of Public Health. PCC will have a presence, as will the city, which expects to rent space there. It also will include a community dental clinic and an office for low-cost mental health services.
"This is the first time our city's three public institutions of higher education have been together in one building," Mayor Ted Wheeler said in a statement, "and it will improve our system of higher education."
The design includes ground-floor retail and restaurant spaces.
The city-owned land at Southwest Fourth Avenue and Montgomery Street has long been on PSU's wish list. It's expected to be gifted to the university as part of negotiations that began when then-Mayor Charlie Hales pushed to close an urban renewal area around the campus.
OHSU and PSU created the joint public health school in 2016. The graduate education program at PSU trains more teachers than any institution in Oregon.
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For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....
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