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
| 3206 NE MLK / 203 NE GRAND
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
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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
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SITE
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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
| 4206 NE MLK / 203 NE GRAND
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
Site Circulation - Public and Recreational
PEDESTRIAN
Site Circulation - Public and Recreational
STREETCAR
Site Circulation - Public and Recreational
BICYCLE
SE 2
ND
| 5206 NE MLK / 203 NE GRAND
.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
| 6206 NE MLK / 203 NE GRAND
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