HomeMy WebLinkAboutAgenda Item - 2020-03-17 - Number 10.1 - North Anchor Project Developer Recommendation PresentationN O R T H A N C H O R
P R O J E C T
D E V E L O P E R
R E C O M M E N D A T I O N
M a r c h 1 7 , 2 0 2 0
North Anchor Site
BPM Development Group
•122 Room Hotel
•48 Space Surface Parking (future redevelopment)
•6,500 sf Retail
B1st Development Group
•60-80 Room Hotel
•36,000 sf Office
•40,000 sf Condos
•11,500 sf Retail
Resolute Consulting & Master Development
Hotel Residential
•40-50 Room Hotel
•50-60 Multi-Family Residential Units
•6,000 sf Retail
Urban Development + Partner
UDP:
Real estate develop, investment,
property management based on
Portland
Atticus Hotel:
Independently owned & operated
36-room Atticus Hotel
Grand Ave Hotel Phase 1, Portland, Or
Atticus Hotel, McMinnville, Or
Urban Development + Partner
Hacker -Architect:
30+ yrs of experience
Ranked #31 firm in nation by
Architect Magazine (2019)
Nathan Cooprider –
Hotel Architect:
Atticus Hotel
Mixed-Use Residential Courtyard
Atticus Hotel, McMinnville, Or
Urban Development + Partner
Hotel
Office
Residential
51 Room Hotel –Ground Floor Dining & Lounge 45 Multi-Family Units & 4,500 sf Retail 30,000 sf Office & 3,300 sf Retail
Next Steps:
•April –August 2020: Negotiate and Execute MoU, followed by a DDA.
•September 2020 –April 2021: Design Review
•Fall 2021: Break Ground
•January 2023: Project Completion