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206 Ne Mlk / 203 Ne Grand Half Block for Sale

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206 Ne Mlk / 203 Ne Grand Half Block for Sale SALE CENTRAL EASTSIDE LAND | 22,030 SF NE DAVIS ST AVE AVE RD ND NE COUCH ST NE 3 NE 2 NE MLK BLVD NE MLK NE GRAND AVE NE GRAND E BURNSIDE SE ANKENY ST SE ASH ST 206 NE MLK / 203 NE GRAND HALF BLOCK FOR SALE CHARLOTTE LARSON | 503.228.3080 WWW.URBANWORKSREALESTATE.COM 206 NE MLK / 203 NE GRAND 206 203 NE GRAND NE MLK BLVD NE MLK NE DAVIS LOCATION 23RD PARCEL MAP INFO 206 ADDRESS | 206 NE MLK ADDRESS | 203 NE GRAND URBAN RENEWAL | CENTRAL EASTSIDE | AVAILABLE | LOT | 13,030 SF LOT | 9,000 SF FAR | 9 TO 1 | ZONING | EXd PLAN DISTRICT | CENTRAL CITY ALLOWABLE HEIGHT | 200 FT | SUMMARY This half block for sale in the Central Eastside District consists of 2 tax lots facing NE Davis with frontage on NE MLK and NE Grand. Well positioned for a variety of uses, this site is surrounded by a flourishing mix of office, retail, and housing. With the new Convention Center Hotel just blocks to the north, and the nexus of cool, renovated warehouse projects and new mixed-use apartments/commercial projects immediately to the south, this property provides an excellent development opportunity in Portland’s Central Eastside. RECENT DEVELOPMENT FAIR-HAIRED DUMBELL AURA BURNSIDE SLATE YARDDESCRIPTION of 3RD EASTSIDE EXCHANGE LOWER BURNSIDE LOFTS 206 NE MLK / 203 NE GRAND | 2 AREA DEVELOPMENT SITE 1 4 SITE 12 SITE 5 2 8 10 VIEW FROM BURNSIDE BRIDGE LU 16-285161 DZM AD 22APP. LU 16-285161 DZM AD 22APP. VIEW5 MLK | PORTLAND, FROM OR BURNSIDE24 FEBRUARY 2017 BRIDGE© 2017 G|R|E|C Architects, LLC G|R|E|C Architects 6 5 MLK | PORTLAND, OR 24 FEBRUARY 2017 © 2017 G|R|E|C Architects, LLC G|R|E|C Architects 13 3 7 11 9 N BURNSIDE BRIDGE CENTRAL EASTSIDE / BURNSIDE BRIDGEHEAD Once a busy warehouse and manufacturing district, this neighborhood has transformed in recent years into the epicenter of Portland’s art and design scene. The Central Eastside’s daytime population continues to grow as new office developments take flight. A variety of enterprises makes the area one of the city’s largest employment districts and employs more than any other district in the Central City outside of the downtown core. Industrial uses and creative businesses sit side-by-side, as the area becomes an emerging location for cross-industry exchange, from film and digital enterprises to food, creative services and craft industries. 1. STARK’S WAREHOUSE 6. SIDEYARD 10. ELEMENT 78 Delivery: Open Delivery: Open Delivery: Fall 2017 Retail: 7,841 SF Dev. By: Key Development & Dev. By: Bridge Housing Guardian Real Estate Apartments & Retail: 282,000 SF 2. THE SLATE Office & Retail: 21,151 SF Retail: SF TBD Delivery: Open Retail: 7,645 SF Apartments: 300 Units Dev. By: Beam & Ud+P Parking: 132 Stalls Office & Retail: 100,000 SF 7. YARD Retail: 7,841 SF Delivery: Open 11. SHLEIFER WAREHOUSE Apartments: 150 Units Dev. By: Key Development & Delivery: Spring 2018 Parking: 42 Stalls Guardian Real Estate Dev. By: Beam & UD+P Office & Retail: 19,709 SF Offices & Retail: Approx. 40,000 SF 3. EASTSIDE EXCHANGE Retail: 6,702 SF Retail: SF TBD Delivery: Open Apartments: 284 Units Dev. By: Beam Parking: 200 Stalls 12. 550 SE MLK Office: 100,000 SF Delivery: TBD Parking: 122 Stalls 8. 5 MLK Dev. By: BEAM & UD+P Delivery: TBD Hotel, Apartments, & Retail: SF TBD 4. THE AURA BURNSIDE Dev. By: Gerding Edlen Retail: SF TBD Delivery: Fall 2017 Apartments & Retail: 126,000 SF Parking: TBD Dev. By: Trinsic Retail: 14,000 SF Apartments & Retail: 100,000 SF 13. 525 SE MLK Retail: 10,123 SF 9. TOWNE STORAGE Delivery: TBD Apartments: 167 Units Delivery: Winter 2018 Dev. By: Beam & UD+P Parking: 62 Stalls Dev. By: Sentinel Office & Retail: SF TBD Office & Retail: 100,000 SF Retail: SF TB 5. FAIR-HAIRED DUMBBELL Retail: 2,667 SF Parking: TBD Delivery: Fall 2017 Parking: 50 Stalls Dev. By: Guerrilla Development Office & Retail: 56,000 SF Retail: 6,077 SF Parking: 24 Stalls 206 NE MLK / 203 NE GRAND | 3 AREA TRANSISite Circulation - TPublic and Recreational SiteSite Circulation Circulation - -Public Public and and Recreational Recreational Site Circulation - Public and Recreational NE GRAND AVE NE EVERETT PORTLAND STREETCAR 27,000 DAILY • $148 million dollar project SITE • 28 new stops • 3.5 million riders per year NE DAVIS • 3.3 mile extension NE MLK BLVD connecting the west side 19,000 DAILY NE COUCH E BURNSIDE SE ANKENY SE ASH TH TH RD SE 6 ND SE 7 SE 3 BUS SE 2 SE MLK SE GRAND PEDESTRIANSE PINE STREETCAR BICYCLE THE NEXUS OF THE CITY At the geographic center of the city grid, the Burnside Bridge is a key connector between the east and west sides of the central city, a community at the major center of urban life and commerce. 206 NE MLK / 203 NE Grand is poised to capitalize on its location at the nexus of major vehicular, streetcar, bus, bicycle and pedestrian transit nodes. New stops at MLK Blvd and Grand Ave near the site provide immense opportunities for ground level retail or restaurant tenant exposure. 206 NE MLK / 203 NE GRAND | 4 AREA RETAIL & DEMOS .25 MILES .5 MILES 1 MILE 2017 POPULATION 703 2,211 22,951 TOTAL EMPLOYEES 4,072 14,725 90,115 TOTAL BUSINESSES 433 1,298 7,519 MEDIAN HH INCOME $41,485 $39,339 $46,344 MEDIAN AGE 32.8 33.8 36.6 SOME COLLEGE 82.8% 73.5% 81.1% NONG’S KHAO MAN GAI SIZZLE PIE RONTOMS BURNSIDE BREWING CUP & BAR COFFEE PORTLAND ROCK GYM 206 NE MLK / 203 NE GRAND | 5 NOODLE HOUSE FRANK’S UMI SUSHI INN VILLAGE UPRIGHT TASTE OF BANGKOK PARKING BREWING VERIZON FED EX WILLAMETTE VALVOLINE DENTAL 7-11 MCDONALD’S CHIPOTLE PARKING PARKING BURGER KING SHILO STARBUCKS CROWNE PLAZA INN PARKING WENDY’S COURTYARD MARRIOTT BLVD KITCHEN MEMORIAL COLLISEUM EDWARD JONES PASSAGE BOOKSHOP QUALITY INN MODA CENTER LEGACY AREA RETAIL SUBWAY STANFORDS POINT WEST POINT CAFE 700 CAFE ORANGE THEORY RED ROBIN ZEBRA GREEN CU DR. JACK’S BURGERVILLE DENNY’S HEART LITTLE BIG BURGER STARBUCKS BAR GARDEN CITIZEN YUMM PIZZA Food and Drink BAKER CAFE CONVENTION CENTER HOTEL ALTABIRA (COMING SOON) HOTEL J CAFE Retail EASTLUND CITY COFFEE CITY MOTEL 6 MOTEL FIRST TECH CU FIRST Other MARKET FARMERS LLOYD Hotel UNION STATION LAND ROVER OREGON CONVENTION CENTER PACIFIC CONTINENTAL TAO EVENT TABLE 6 CENTER THE PIXIE PROJECT STARBUCKS SPIRIT OF 77 HARVEY’S COMEDY CLUB PARK KITCHEN DUTCH BROS BANK OF PINTS THE WEST TAO OF TEA HONG DEN LAN SU STAG PDX CHINESE JOHN’S CAFE GARDEN GOLDEN HORSE SEAFOOD THE FOX & HOUNDS CO. BAGEL BRIDGETOWN NORTH MING LOUNGE PENDLETON RAINBOW ROOM PARK HOUSE ROASTER RISTRETTO BLOCKS CAL SKATE OF LOUIE SITE CUP & BAR RED ROBE TEA HOUSE MATTRESS GARDEN BAR VACUUM WORLD SISTERS OF GROUND OLD TOWN PIZZA STARKS THE ROAD CAFE CONTROL INDEX PDX BURNSIDE BREWING THE BARREL ROOM COFFEE GRENDEL’S KIRIKO MADE OLD TOWN GROCERY BOUTIQUE REDUX SEVEN SISTERS MI MERO THE PLANK UPPER SHAKE DIXIE TAVERN OREGON LEATHER TRIO CLUB MOLE HATTIE’S PLAYGROUND WL MAY SUSHI SILVER CHARLIE’S BLACK BOOK MODO ICHIBAN DOLLAR II CHEN’S HELEN’S ROSELAND GOOD TASTE TUBE MARKET THEATER BURNSIDE BRIDGE BOWL THE WHOLE AUTO PARTS PARTS AUTO PHYSI-BERRY TUGBOAT DANTE’S BAR O’REILLY SANTERIA FIFTEEN XV SUBARU WENTWORTH PLAID PANTRY MIRAKITEI MACHU’S RONTOMS NONG’S N’ ROSE ROCK SIZZLE PIE WELLS & VERNE THE WURST LE PIGEON JUPITER HOTEL DOUG FIR LOUNGE CHINESE TEA HOUSE BAILEY’SBREWING TAPROOM THAI CHAMPA PORTLAND CITY GRILLTACO VOODOO SHANGHAI JR’S ON BROADWAY LAND TUNNEL BAR U.S. OUTDOOR LITTLE BIRD REAL TASTE DOUGHNUT BISTRO OF INDIA DISTRICT DAN & LOUIS SAUCEBOX ASH STREET OYSTER BAR SALOON THIRSTY LION MANDARIN HOUSE EMBASSYSTUMPTOWN THE BENSON BUNK TIGER EXPRESS SUITES STARBUCKS SIMPLE. LOCAL. COFFEE E-SAN THAI KELL’S LA JAROCHA BIJOU CAFE POLLO U.S. BANK THE ORIGINAL BRAVO DINERANT MARUKEN LECHON RAMEN STARBUCKS MAIPHAI COURTYARD HOTEL LUCIA MARRIOTT THAI RISTORANTEPAZZO IMPERIAL DOWNTOWN CAPTAIN KEYBANK GROCERY ANKENY HOTEL VINTAGE PORTLAND CLUB ROUGE OUTDOOR PEET’S STARBUCKS STRAIGHT TO WAYFINDER BEER COFFEE THE POINT ROCK & ROLL OFFICE NICHOLAS CHILI PIT MILLER T.J. MAXX HUBER’S AL-AMIR HOT ROD DEPOT PAINT ANDY & BAX CHASE BANK COAST AUTO OFFICE & CUSTOM CAR SUPPLY SPORTING GOODS RITE CASEY’S MOTHER’S GROUNDWORK DEPOT CANTING DANWEI AID HOTEL COFFEE CO. SUPPLY ROCKET MONACO KELLY’S PORTLAND BISTRO PRODUCE THE LOVECRAFT BAR FIZZ LUGGAGE ROW CAFE GREEN LEAF COOPERS HALL BREWING BASECAMP RED STAR OLYMPIAN 2ND AVENUE TOM MCCALL WATERFRONT PARK PHO GREEN KOJI OSAKAYA MAMA MIA SHERIDAN’S JUICING TAVERN KARAM RECORDS MARKET PAPAYA VERIZON AROY THAI TRATTORIA NEXT PROVISIONS APRISA ADVENTURE FRESHII OLYMPIA PETRA KILLER BURGER BAR SLOW THE NINES THE SIDE URBAN GARDEN BAR ECLIPSE BARISTA DOOR CRUST THE UPPER FARMER TAVERN THE SLAMMER STARBUCKS DEPARTURE JOY POKE ART WORK REBELS STARBUCKS PIONEER FEDEX TAQUERIA FRESH ROLL NUEVE SQUARE NIKE RUM CLUB BUFFALO THE FRIED WILD WINGS ONION PORTLAND NORDSTROM WINE BAR RACK TEAMAKER SMITH STEVE LOUIS VUITTON POTBELLY STORAGE CO. STORAGE ROBO TACO ROSS BANK OF AMERICA THAI TARAD PORTLAND MONTAGE LE BISTRO PORTO TERRA BAR STAR PIONEER PLACEH&M CAFE PEPPER BOX APPLE ROCK GRAND CENTRAL BOTTOM GANDHI QDOBA AT&T RIVER CITY BUNK MICROSOFT INDIA MARKET NIGHT PORTLAND BICYCLES YARDHOUSE TIFFANY & CO. YAMHILL BIT HOUSE KACHKA PUB BOTTLE + KITCHEN SALOON BOWL LIQUIDATORS DIG A PONY THE WHOLE BOWL SENSEI CAFÉ PONTÉ FOOT MOD HOTEL ROSE THE DOG BREWERY HAIR OF PIZZA TRAFFIC GRILL LUC LAC VEGGIE PENDELTON PADDY’S BAR & GRILL PORTLAND CITY SCHMIZZA SALAD RUNNING BANK KEY 7-ELEVEN WORLD HIGH NOON SPARKY’S Q RESTAURANT ZARZ ON FIRST POUR LOVE TEAK BREWING CASCADE BIG TOWN HERO SPORTS PIPS & BOUNCE CITY COFFEE ZING THE MELTING POT FUTURE CARGO ROGUE KURE DUTCH COMMONS HOTEL BROS TAYLOR RAILWORKS TAYLOR BREWERY LOWNSDALE GAMES GUARDIAN WORLD TRADE CENTER TORO PLAZA DEL 206 NE MLK / 203 NE GRAND | 6 LA QUINTA HOTEL AFURI RAMEN RODDA PAINT RODDA SQUARE CAFE TODAY & SONS FRUIT GATTO CITY HOME CITY SPEAKEASY ONE MAIN GRAND TAVERN LIPPMAN MARKETPLACE CAFE CHAPMAN PLACE BOKE BOWL SQUARE 7-ELEVEN CO HARDWARE BUILDERS NATIONAL CLARK LEWIS BUNK BAR BUNK PORTLANDIA AVE COFFEE WATER CLIVE COFFEE THE GOOD FRESHII KERR BIKES STARBUCKS 60 MINUTES MALLORY EARTH CAFE WELLS FARGO HILTI FIRST & MAIN TO ESCAPE SUPPLY PLATT REJUVENATION SCHRUNKTERRY PLAZA FIGLIA AMERICANA ROLLING RIVER PAULSON’S SKINCARE TERIYAKI KOKIYO SPIRITS BRIDGESTARBUCKS CITY CAFE MR.
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