SALE · sushi ichiban helen’s market roseland theater ... poke tiger express o o ’s maruken ramen afe ... crowne plaza dr. jack’s parking upright brewing

206 NE MLK / 203 NE GRANDHALF BLOCK FOR SALE

WWW.URBANWORKSREALESTATE.COM

CHARLOTTE LARSON | 503.228.3080

CENTRAL EASTSIDE LAND | 22,030 SF

SALE

E BURNSIDE

NE

MLK

BLV

D

NE

GR

AN

D A

VE

NE DAVIS ST

SE ANKENY ST

SE ASH ST

NE

2n

d A

VE

NE

3r

d A

VE

NE COUCH ST

| 2206 NE MLK / 203 NE GRAND

ADDRESS | 206 NE MLK ADDRESS | 203 NE GRAND URBAN RENEWAL | CENTRAL EASTSIDE | 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.

206 NE MLK / 203 NE GRAND

LOCATION 23rd

INFO 206AVAILABLE |

RECENT DEVELOPMENT

DESCRIPTION of 3rd

FAIR-HAIRED DUMBELL AURA BURNSIDE SLATE

YARD EASTSIDE EXCHANGE LOWER BURNSIDE LOFTS

PARCEL MAP

206 203

NE

MLK

BLV

D

NE

GR

AN

D

NE DAVIS


5 MLK | PORTLAND, OR G|R|E|C Architects24 FEBRUARY 2017 © 2017 G|R|E|C Architects, LLC

22APP.VIEW FROM BURNSIDE BRIDGE LU 16-285161 DZM AD5 MLK | PORTLAND, OR G|R|E|C Architects24 FEBRUARY 2017 © 2017 G|R|E|C Architects, LLC

22APP.VIEW FROM BURNSIDE BRIDGE LU 16-285161 DZM AD

SITE41

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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.

AREA DEVELOPMENT

N

SITE

3

10

1. STARK’S WAREHOUSE 6. SIDEYARD 10. ELEMENT 78Delivery: Open Delivery: Open Delivery: Fall 2017Retail: 7,841 SF Dev. By: Key Development & Dev. By: Bridge Housing

Guardian Real Estate Apartments & Retail: 282,000 SF2. THE SLATE Office & Retail: 21,151 SF Retail: SF TBDDelivery: Open Retail: 7,645 SF Apartments: 300 UnitsDev. By: Beam & Ud+P Parking: 132 StallsOffice & Retail: 100,000 SF 7. YARDRetail: 7,841 SF Delivery: Open 11. SHLEIFER WAREHOUSEApartments: 150 Units Dev. By: Key Development & Delivery: Spring 2018Parking: 42 Stalls Guardian Real Estate Dev. By: Beam & UD+P

Office & Retail: 19,709 SF Offices & Retail: Approx. 40,000 SF3. EASTSIDE EXCHANGE Retail: 6,702 SF Retail: SF TBDDelivery: Open Apartments: 284 UnitsDev. By: Beam Parking: 200 Stalls 12. 550 SE MLKOffice: 100,000 SF Delivery: TBDParking: 122 Stalls 8. 5 MLK Dev. By: BEAM & UD+P

Delivery: TBD Hotel, Apartments, & Retail: SF TBD4. THE AURA BURNSIDE Dev. By: Gerding Edlen Retail: SF TBDDelivery: Fall 2017 Apartments & Retail: 126,000 SF Parking: TBDDev. By: Trinsic Retail: 14,000 SFApartments & Retail: 100,000 SF 13. 525 SE MLKRetail: 10,123 SF 9. TOWNE STORAGE Delivery: TBDApartments: 167 Units Delivery: Winter 2018 Dev. By: Beam & UD+PParking: 62 Stalls Dev. By: Sentinel Office & Retail: SF TBD

Office & Retail: 100,000 SF Retail: SF TB5. FAIR-HAIRED DUMBBELL Retail: 2,667 SF Parking: TBDDelivery: Fall 2017 Parking: 50 StallsDev. By: Guerrilla DevelopmentOffice & Retail: 56,000 SFRetail: 6,077 SFParking: 24 Stalls

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CENTRAL EASTSIDE / BURNSIDE BRIDGEHEAD

BURNSIDE BRIDGE

SITE


AREA TRANSIT

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.

NE MLK BLVD19,000 DAILY

SITE

NE GRAND AVE27,000 DAILY

E BURNSIDE

SE ANKENY

SE ASH

SE PINE

NE COUCH

NE DAVIS

NE EVERETT

SE 7

TH

SE 6

TH

SE 3

RD

SE M

LK

SE G

RA

ND

PORTLAND STREETCAR• $148 million dollar project• 28 new stops• 3.5 million riders per year• 3.3 mile extension

connecting the west side

THE NEXUS OF THE CITY

Site Circulation - Public and Recreational

BUS


PEDESTRIAN


STREETCAR


BICYCLE

SE 2

ND


.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%

AREA RETAIL & DEMOS

NONG’S KHAO MAN GAI

SIZZLE PIE RONTOMS

BURNSIDE BREWING

CUP & BAR COFFEE PORTLAND ROCK GYM


HAIR OF THE DOG BREWERY

CLARK LEWIS

KURE

NORANEKO

CARMELLA’S

LOUNGE

CARGO

LIPPMANBOKE BOWL

BUNK BARWATER AVE COFFEECLIVE COFFEE

SUGAR STREETBAKERY

COOPER’SCOFFEE

AMORE

SKINCARE

GATTO & SONS FRUIT

NATIONAL BUILDERSHARDWARE CO

CITY HOME

THE SIDEDOOR

COOPERS HALL

ANDY & BAXSPORTING GOODS

SLOW BAR

COMMONS BREWERY

PRODUCEROW CAFE

WAYFINDER BEER

WHITE OW

L SOCIAL CLUB

KEY BANK

LUCKY LAB

LE BISTROM

ONTAGE

THE SLAMM

ERTAVERN

PIPS & BOUNCE

RENATA

RIVER CITYBICYCLES

GRANDMARKETPLACE

PORTLAND STOREFIXTURES

CITYLIQUIDATORS

BIT HOUSESALOON

ELEPHANTS CATERING

ROSE’S EQUIPMENTPITMAN

RESTAURANT EQUIP

PLAZA DEL TOROTAYLOR RAILW

ORKS

STACKEDSANDWICH SHOP

PURESIMPLE JUICE

AYBLA GRILL

GRAPEEXPECTATIONS

MALLORYSUPPLY

60 MINUTESTO ESCAPE W

ELLS FARGOHILTIPLATT

RODDA PAINTGUARDIAN GAM

ES

MR.FORMAL

COLUMBIABANK

AFURI RAMEN

SPEAKEASYTAVERN

REJUVENATION

WILDFANG

DENALI FURNITURE

COAVA COFFEE

FIGLIA AMERICANAPAULSON’S

SPARTAN

BAMBOOREVOLUTION

7-ELEVEN

DIG A PONY

DUTCHBROS

POURSPORTS

PORTLANDRUNNING

KACHKA

TARAD THAIROBO TACO

BUNKSTAR BAR

GRAND CENTRALBOW

L

SPARKY’S

PEPPER BOX CAFECASCADEBREW

ING

PORTLANDSTORAGE CO.

LOVE TEAK

THE FRIEDONION

PORTLAND NIGHTM

ARKETOLYM

PIAPROVISIONS

STEVE SMITH

TEAMAKER

COAST AUTOSUPPLY

HOT ROD& CUSTOM CAR SUPPLY

SHERIDAN’SMARKET

OFFICEDEPOT MILLER

PAINT

ROGUE

WENTW

ORTHSUBARU

WELLS & VERNE

THE WURST

LE PIGEON

O’REILLYAUTO PARTS

NONG’SRONTOM

S

MIRAKITEI

PLAID PANTRY

MACHU’S

ROCK N’ ROSESIZZLE PIE

DOUG FIR LOUNGECHINESE TEA HOUSE

JUPITER HOTEL

THAI CHAMPA

BURNSIDE BREWING

GRENDEL’S COFFEE

SEVEN SISTERS

MODO

HATTIE’S

REDUX BOUTIQUEW

L MAY

TRIO CLUBTHE W

HOLEBOW

L

CUP & BAR

STARKSVACUUM

MATTRESSW

ORLD

BRIDGETOWN BAGEL CO.

RISTRETTO ROASTER

BURGER KING

LEGACYMODERN

PACIFIC PIE

EASTSIDEDISTILLING LOOK

MODERNKELLYPAPER

HELIUMCOMEDY CLUB

CLEVERCYCLES

KOKIYOTERIYAKI

ROLLING RIVERSPIRITS

NICHOLAS

APRISA

PHO GREENPAPAYA

THE LOVECRAFT BAR GREEN LEAFJUICINGNEXTADVENTURE

TAQUERIANUEVE

RUM CLUB

THE UPPERCRUST

DANWEI

CANTING

BASECAMP

BREWING

YOMI SUSHI

TAO OF TEA

THE FOX & HOUNDS

PARK KITCHEN

BANK OFTHE WEST

JOHN’S CAFESTAG PDX

HARVEY’S COMEDY CLUB

PINTS

DIXIE TAVERN

TUBEBLACK BOOK

OLD TOWN GROCERYINDEX PDXOLD TOWN PIZZA

OREGON LEATHER

RAIN

BOW

ROOM

SISTERS OFTHE ROAD CAFE

THE PLANKSUSHIICHIBANHELEN’SMARKET ROSELAND

THEATER

SILVERDOLLAR II

MI MEROMOLEUPPER

PLAYGROUNDSHAKE

CHEN’SGOOD TASTE

CHARLIE’S

KIRIKO MADETHE BARREL ROOM

RED ROBE TEA HOUSE

HONG DEN

HOUSEOF LOUIE

MING LOUNGE

GOLDEN HORSESEAFOOD

CAL SKATEPENDLETON

UPSTREAM COFFEE

LITTLE RIVER CAFE

THREE DEGREESIL TERRAZZO

MERCEDESOF PORTLAND

CROWN PLAZA

MARRIOTT

PLAZA DELI

ZARZ ON FIRST

PADDY’S BAR & GRILL

CAFÉ PONTÉ

BOTTLE + KITCHEN

LECHON

MORTON’S THE STEAKHOUSE

MANDARINCOVEMIKA SUSHI

BRIDGE CITY CAFE

STARBUCKS

THE GOODEARTH CAFE

CAFE

PORT

LAND

IA

CAFE TODAY

THE MELTING POT

CITY COFFEE

BIG TOWN HERO

SALADWORLDQ RESTAURANT

LUC LACHIGH NOON

MOD

YARDHOUSE

VEGG

IEGR

ILLPIZZA

SCHM

IZZA

YAMHILLPUB

QDOBA

PORTO TERRAROCKBOTTOM

POTBELLY

PORTLANDWINE BAR

BUFFALOWILD WINGS

STARBUCKS

URBANFARMERBARISTA

FRESHII

MAMA MIATRATTORIAKARAM

KOJI OSAKAYA

RED STARTAVERN

KELLY’SOLYMPIAN

KERR BIKES

ZING

FOOTTRAFFIC

AT&TTIFFANY & CO.

APPLEH&M

ROSS

LOUIS VUITTON

ECLIPSE

RITEAID

WELLS FARGO

UMPQUA BANK

U.S. BANK

THE PORTERHOTEL

LA QUINTA HOTEL

HOTEL ROSE

DEPARTURE

THE NINES

STARBUCKS

FRESHII

ROCKETFIZZ

MOTHER’SBISTRO

HUBER’S GROUNDWORKCOFFEE CO.

AL-AMIR

PEET’SCOFFEE

CLUB ROUGE

PAZZORISTORANTECAPTAINANKENY

MAIPHAITHAI

STARBUCKS

THE ORIGINALDINERANT

E-SAN THAI

STUMPTOWN SIMPLE. LOCAL. COFFEE

MANDARIN HOUSE

THIRSTY LION

DAN & LOUISOYSTER BAR

SHANGHAITUNNEL BAR

XV PHYSI-BERRY

DOWNTOWNGROCERY

NIKEFEDEX

2ND AVENUERECORDS

PORTLANDLUGGAGE

T.J. MAXX

STRAIGHT TOTHE POINT

PORTLANDOUTDOOR

HOTELMONACO

CHASE BANK

KEYBANKHOTEL VINTAGE

HOTEL LUCIA

U.S. BANK

COURTYARDMARRIOTT

THE BENSON

EMBASSYSUITES

STARBUCKS

BUNKSTARBUCKS

IMPERIAL

STARBUCKSOFFICEDEPOT

VERIZON

JOY POKE

TIGER EXPRESSPOLLOBRAVO

KELL’S MARUKENRAMEN

BIJOU CAFE

ROCK & ROLLCHILI PIT

ART WORK REBELS

KILLER BURGERGARDEN BAR

NORD

STRO

MRA

CK

BANK OF AMERICAGANDHIINDIA

SENSEI

FRESH ROLL

LA JAROCHA

CASEY’S

AROY THAIPETRA

THE WHOLE BOWL

MICROSOFT

PENDELTON 7-ELEVEN

TUGBOATBREWING SANTERIA

LITTLE BIRDBISTROSAUCEBOX

BAILEY’S TAPROOMPORTLAND CITY GRILL

BARFIFTEEN

DANTE’S

JR’S ON BROADWAYU.S. OUTDOOR

REAL TASTEOF INDIA

TACOLAND VOODOO

DOUGHNUTDISTRICT

ASH STREETSALOON

MIZO SUSHIHOUSE OF RAMEN

AUGU

STMO

ONCOOK

IECA

BANA

GHOS

TLIG

HT BA

RMU

RATA

RIVER

S EDG

ECA

FE

FUTUREHOTEL

FUTUREMULTNOMAHCOUNTYCOURTHOUSE

FIRST & MAIN

LOWNSDALESQUARE

CHAPMANSQUARE

TERRYSCHRUNK PLAZA

WORLD TRADE CENTER

PIONEER PLACE

ONE MAINPLACE

NORTHPARK

BLOCKS

UNION STATION

LAN SUCHINESEGARDEN

PIONEERSQUARE

TOM

MCCA

LL W

ATER

FRON

T PAR

K

GROUNDCONTROL

GARDEN BAR

STARBUCKS

BURGERVILLE DENNY’S

RED ROBIN

BLVD KITCHEN

COURTYARDMARRIOTT

WENDY’S

STARBUCKS

VALVOLINE

J CAFE

CAFEYUM

M

CROWNE PLAZA

DR. JACK’S

PARKINGUPRIGHTBREWING

PARKING PARKING

PARKING

CHIPOTLESUBWAYLEGACY

HOTELEASTLUND

ALTABIRA

CITIZENBAKER

LITTLE BIGBURGER

STANFORDS

7-11

HEARTPIZZA

ORANGETHEORY

GARDENBAR

SPIRIT OF 77

DUTCH BROS

STARBUCKS

TABLE 6

THE PIXIE PROJECT

TAO EVENTCENTER

PACIFIC CONTINENTAL

LAND ROVER

MOTEL 6

CITY COFFEEFIRST TECH CU

POINT WESTCU

GREENZEBRA

CAFE 700

LLOYDFARM

ERS MARKET

SHILOINN

PASSAGEBOOKSHOP

EDWARDJONES

QUALITY INN

MCDONALD’SBURGER KING

VERIZONTASTE OFBANGKOKFED EX

FRANK’SNOODLE HOUSEWILLAMETTE

DENTAL

UMI SUSHI

VILLAGE INN

MODA CENTER

MEMORIAL COLLISEUM

OREGON CONVENTION CENTER

CONVENTION CENTER HOTEL(COMING SOON)

Food and Drink

Retail

Other

AREA RETAIL

SITE

Hotel

BURNSIDE BRIDGE

SALE · sushi ichiban helen’s market roseland theater ... poke tiger express o o ’s maruken ramen afe ... crowne plaza dr. jack’s parking upright brewing

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