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| 100 Columbia Apartments Rendering, Metro Portland, OR |
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| Ira Virden |
PORTLAND, OR, May 16, 2018 –
Holliday Fenoglio Fowler, L.P. (HFF) announces $47.37 million in joint venture
equity for the development of 100 Columbia, a 347-unit, Class A+ high-rise
multi-housing community in the Portland CBD.
Working on behalf of developer, Alamo Manhattan, the HFF team
arranged a joint venture equity partnership with Diamond Realty Investments.
100 Columbia is located on a 0.92-acre site that spans the block
bound by SW Clay Street, SW 1st Avenue, SW Columbia Street and
SW 2nd Avenue.
The site, which has a WalkScore® of
93, will support what will be the nearest high-rise residential building to the
Willamette River in the CBD.
The site is also one block from Tom McCall
Waterfront Park to the east and Keller Auditorium to the west, and is within
three blocks of the CBD’s core job center that is home to more than two million
square feet of high-rise office.
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| Mark Erland |
Due for completion in 2020, 100 Columbia will include a mix of
studio, one- and two-bedroom ultra-luxury units averaging 801 square
feet.
The 20-story
development will feature premium interior finishes and community amenities,
including an expansive 15,000-square-foot, sixth-floor amenity terrace and a
20th-floor rooftop resident lounge, which will open onto an observation deck
offering unobstructed views of the downtown skyline, Mount Hood and the
river.
The property will also
include a 16thfloor rooftop terrace. In addition to the
multifamily component, 100 Columbia will incorporate nearly 15,000 square feet
of ground-floor retail, which will provide immediate convenience for residents
and office employees in the surrounding area.
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| Matthew Benson |
For more information, please contact:
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3500
www.alamomanhattan.com.
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