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Prosperity Place

Scope of Work

Construction of a 4-story, 50-unit apartment building with a ground-level community room for residents, facilities for solid waste storage, utility room, and a secure bicycle parking room. All proposed units will be affordable with 30 units proposed to be rented at 50% of the area median income (AMI), 17 units at 60% AMI, and 3 units at 80% AMI. Unit count will include 15 one-bedroom units, 25 two-bedroom units, eight three-bedroom units, and two four-bedroom units. ProsperityME will own the property, and Developers Collaborative will serve as development consultant and property manager.

Project details

Affordable Units
50
Location
1125 Brighton Ave Portland
Phase
Design
Building type
Apartment
Build Type
New
Stories
4
Construction cost
$21,300,000
Estimated completion
2028
Developer
ProsperityME
Developer 2
Developers Collaborative
Architect
Invivid Architecture
Civil engineer
LJB Engineering
Landscape architect
Aceto Kimball LA

Project sources

Project images

Rendering of Prosperity Place
Rendering by ProsperityME

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