Tag: Provision Investments

Apartment Complex on NE Hoyt

Developers will soon build twenty-four apartment units on NE Hoyt Street, creating greater housing density near a transit corridor. The proposal splits these homes between two multi-story buildings on a 100 foot-wide lot. A previous demolition permit seeks to remove the duplex currently at the site. The project is across a dead-end street from Gracelyn Commons, a fifteen-house development in phase two of construction.

A recent permit application reveals plans for a three-story building with twelve apartments. The application references another unannounced building next to it featuring an inverted layout. “New 12 unit 3-story apartment project at 9022 NE Hoyt st. Mirror image to apartment complex at 9032 NE Hoyt.” Provision Group bought this property in September of 2020 and has yet to demolish the existing homes on the property.

The design of the apartment complex is not yet public, and the issue of onsite parking is undetermined. The project’s designer, Bayard Mentrum Architecture, is currently working with the same developer on a nine-unit apartment near 8115 SE Yamhill StreetOther twin building developments in the area share a common center pathway between the two buildings. The designer may use a similar space-saving approach to this project. It is also possible to create tuck-under parking with a shared center driveway, although that sacrifices a considerable amount of habitable space. For this reason, many modern apartment projects reduce onsite parking capacity, particularly when near public transit options.

Located at 9022 NE Hoyt Street, these apartments are within walking distance from the Gateway Transit Center and joins other density-focused developments in the area. Up to now, Gateway area development has occurred east of I205. This northeast corner of Montavilla offers many of the same enticing transportation options that attract high-capacity housing across the freeway. This project on NE Hoyt Street is likely the first of many such apartment projects coming to the area.

Nine Unit Apartment on Yamhill

Last week developers proposed a nine-unit apartment building on SE Yamhill street. The new three-story development will fill the recently created lot located west of 8115 SE Yamhill StreetWillamette Carpentry owns the property and will serve as the general contractor on the project.

Provision Investments sold the property to Willamette Investments at the end of 2020, having just bought it months before. The Provision sign is still on the property. However, their involvement with the apartment project is unknown. Willamette Carpentry recently worked on the NOTA apartment building on NE Glisan Street, located on the outside edge of Montavilla.

Details about the apartment building are not yet public. The project’s designer, Bayard Mentrum Architecture, has worked on several similar apartment projects over the years. If their past apartment designs influence this project, it should provide attractive housing density that will not dominate the nearby single-family homes.

Home with ADU on Multnomah Street

A new single-family residence with an attached accessory dwelling unit (ADU) is proposed for NE Multnomah Street. The new building will replace a detached garage located at 1205 NE 70th Ave. In late 2020,  Provision Group requested a land division of this property. Soon it will become two distinct parcels, making way for the new development.

Last month, builders continued their transformation of the corner lot by submitting permit 21-001970. It proposes the construction of a two-story building containing dual residences. The new homes will front on NE Multnomah Street, around the corner from the property’s original 1928 era house. The structure will prioritize living space and not offer a garage.

Additionally, Provision Group is developing properties on SE Yamhill Street and NE Hoyt Street. It is not uncommon for a builder to have more than one active project in Montavilla. However, most of those projects use similar designs. It is unknown precisely what styles of homes this builder will create, but differences in each property would call for a unique structure. Regardless, Montavilla will soon gain the additional housing so needed in our area.

Duplex Demo on NE Hoyt

The new owners of a single-story duplex on NE Hoyt Street submitted a permit application to demolish the building. Located at 9022-9032 NE Hoyt Street, the multi-family structure occupies a 9,500 square-foot lot capable of accommodating four houses or another multi-family development. Permit approval is on a mandatory 35-day demo hold.

Demolition permit 20-223098 seeks to raze the building and cap the sewer line. The 1959 era duplex is built without a basement, simplifying the demolition. A decommissioned septic system will need to be removed or otherwise addressed by this work permit.

Provision Group bought this property in September of 2020, and it represents the third Montavilla based project by the developer. Their other sites are both infill housing on fully developed streets. However, this Hoyt Street property sits across from another sizable housing development currently under construction.

The recently renamed Gracelyn Commons subdivision completed its first phase last year. Development work for that project cleared overgrown trees and improved the gravel road with a modern street. When completed, the subdivision will support a total of 15 new homes.

Until recently, this dead-end section of NE Hoyt Street went mostly overlooked and underdeveloped. Being position atop a bluff provides these new homes clear views of Portland’s streetscape, making multi-story homes here more valuable. This area of Montavilla is likely to see continued change with more properties redeveloped to offer higher quality housing and greater density.

NE Hoyt Dead End

Garage Demo on NE Multnomah Street

Demolition of a detached garage located on NE Multnomah Street near NE 70th Ave is proposed. Removal of this structure makes way for a property line split ahead of further development at this site. Provision Investments acquired this property in October of 2020.

The garage is currently part of the property at 1205 NE 70th Ave. Property line adjustment 20-214659 will split the lot, making a new property fronted on NE Multnomah Street. Permit application 20-223124 seeks to demolish the detached garage. This process is standard procedure ahead of developing a lot with infill housing.

NE Multnomah Street was previously an unimproved road. New asphalt covers this section of the roadway. However, the street has no sidewalks or curbs. The development of this corner lot has the potential to connect the existing sidewalk on NE 70th Ave with NE Multnomah Street. The developer also has the option to pay into Portland’s LTIC fund instead of creating a sidewalk.

The development of this property is a straightforward infill project with the lease impact on neighbors. The property already has two structures on it. Residential space will replace the garage, making for more effective use of land. Likely the existing 1928 era house will receive updates as part of the project, further enhancing this section of Montavilla.