Detail, east Portland photo, courtesy Miles Hochstein / Portland Ground.



For old times' sake
The bojack bumper sticker -- only $1.50!

To order, click here.







Excellent tunes -- free! And on your browser right now. Just click on Radio Bojack!






E-mail us here.

About

This page contains a single entry from the blog posted on March 4, 2012 8:07 PM. The previous post in this blog was Hard drive salad surgery. The next post in this blog is A voice of authority. Many more can be found on the main index page or by looking through the archives.

Archives

Links

Law and Taxation
How Appealing
TaxProf Blog
Mauled Again
Tax Appellate Blog
A Taxing Matter
TaxVox
Tax.com
Josh Marquis
Native America, Discovered and Conquered
The Yin Blog
Ernie the Attorney
Conglomerate
Above the Law
The Volokh Conspiracy
Going Concern
Bag and Baggage
Wealth Strategies Journal
Jim Hamilton's World of Securities Regulation
myCorporateResource.com
World of Work
The Faculty Lounge
Lowering the Bar
OrCon Law

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Utterly Boring.com
Along the Gradyent
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
HinesSight
Onfocus
Jalpuna
Beerdrinker.org
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
Sansego
The View Through the Windshield
Appliance Blog
The Bleat

Hap'nin' Gals
My Whim is Law
Lelo in Nopo
Attorney at Large
Linda Kruschke
The Non-Consumer Advocate
10 Steps to Finding Your Happy Place
A Pig of Success
Attorney at Large
Margaret and Helen
Kimberlee Jaynes
Cornelia Seigneur
Mireio
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
{AE}
Cat Eyes
Rhi in Pink
Althouse
GirlHacker
Ragwaters, Bitters, and Blue Ruin
Frytopia
Rose City Journal
Type Like the Wind

Portland and Oregon
Isaac Laquedem
StumptownBlogger
Rantings of a [Censored] Bus Driver
Jeff Mapes
Vintage Portland
The Portlander
South Waterfront
Amanda Fritz
O City Hall Reporters
Guilty Carnivore
Old Town by Larry Norton
The Alaunt
Bend Blogs
Lost Oregon
Cafe Unknown
Tin Zeroes
David's Oregon Picayune
Mark Nelsen's Weather Blog
Travel Oregon Blog
Portland Daily Photo
Portland Building Ads
Portland Food and Drink.com
Dave Knows Portland
Idaho's Portugal
Alameda Old House History
MLK in Motion
LoveSalem

Retired from Blogging
Various Observations...
The Daily E-Mail
Saving James
Portland Freelancer
Furious Nads (b!X)
Izzle Pfaff
The Grich
Kevin Allman
AboutItAll - Oregon
Lost in the Details
Worldwide Pablo
Tales from the Stump
Whitman Boys
Misterblue
Two Pennies
This Stony Planet
1221 SW 4th
Twisty
I am a Fish
Here Today
What If...?
Superinky Fixations
Pinktalk
Mellow-Drama
The Rural Bus Route
Another Blogger
Mikeyman's Computer Treehouse
Rosenblog
Portland Housing Blog

Wonderfully Wacky
Dave Barry
Borowitz Report
Blort
Stuff White People Like
Worst of the Web

Valuable Time-Wasters
My Gallery of Jacks
Litterbox, On the Prowl
Litterbox, Bag of Bones
Litterbox, Scratch
Maukie
Ride That Donkey
Singin' Horses
Rally Monkey
Simon Swears
Strong Bad's E-mail

Oregon News
KGW-TV
The Oregonian
Portland Tribune
KOIN
Willamette Week
KATU
The Sentinel
Southeast Examiner
Northwest Examiner
Sellwood Bee
Mid-County Memo
Vancouver Voice
Eugene Register-Guard
OPB
Topix.net - Portland
Salem Statesman-Journal
Oregon Capitol News
Portland Business Journal
Daily Journal of Commerce
Oregon Business
KPTV
Portland Info Net
McMinnville News Register
Lake Oswego Review
The Daily Astorian
Bend Bulletin
Corvallis Gazette-Times
Roseburg News-Review
Medford Mail-Tribune
Ashland Daily Tidings
Newport News-Times
Albany Democrat-Herald
The Eugene Weekly
Portland IndyMedia
The Columbian

Music-Related
The Beatles
Bruce Springsteen
Seal
Sting
Joni Mitchell
Ella Fitzgerald
Steve Earle
Joe Ely
Stevie Wonder
Lou Rawls

E-mail, Feeds, 'n' Stuff

Sunday, March 4, 2012

For Lloyd Center, the ultimate bunker

The guy who bought out Hank Ashforth's Lloyd District empire a while back says he's planning to spend $250 million of San Diego real estate money on four new apartment towers in the area. Judging from the artist's rendering, one would be about 30 stories tall.

The new complex would add 750 new apartments to Portland's inventory. No word yet on how much of a taxpayer subsidy the developer, Scott Langley, will be getting. But at a minimum, he'll receive the nifty handout that you get for building a a bunker near the pointless eastside streetcar, thus fulfilling the Blumenauer Prophecies.

The official City Hall line, dutifully regurgitated by the youngsters at the O, is that since apartment vacancies are way down, people are "craving" to live in apartments. Actually, people are craving to live in detached houses, but the city hardly allows anyone to build those any more. In a way, the city is setting itself up for failure, because no one with anything on the ball wants to move to Portland, Oregon to live in an apartment tower in a rough part of town. And that's exactly what this Lloyd plan is proposing.

Adams said the project would create 3,000 construction jobs. Langley said... it is currently in the design and entitlement phase.

Ah, the "entitlement phase" -- quite humorous. For the condo weasels in Portland, entitlement is not a phase, it's a lifelong career.

Comments (18)

Yes but, the attraction would be that living ten and more floors above the street pretty well eliminates the need for stray bullet barriers.

While the Weird City stagnates, places like Wilsonville and Hillsboro are seeing population growth. This comes despite their unenlightened approach: unlike Portland, they maintain their roads, they don't install traffic-calming potholes, they don't devote resources to bike-paths, trams, loot rail, or streetcars - all of which Portland insists are essential to sustainability, greenness, and general coolness.

Portland's "leaders" are convinced that a million more people will be moving into town Real Soon Now, drawn by the wonders of high-density condo towers, aggressive panhandling, and the diversity of gang activity associated with their loot rail lines. Thus far, the growth is all happening elsewhere.

http://www.oregonlive.com/wilsonville/index.ssf/2012/03/post_17.html

Portland's growth has been about 1% a year for many years. There won't be a million people, total, in the city for many decades.

People want to live in apartments in Portland, too...only in places like NW and N Williams. Why would anyone want to line in the Lloyd district? Easy acess to the fast food chains? Ah well, better than the parking lot wasteland it is now, I suppose.

Portland is the developers dream come true..

Let's see, apartment rates are high at the moment because of a tight rental market, which is tight because because potential homeowners are sitting it out and not committing to a plummeting real estate market.

If history offers a lesson here, it would be that these towers will be completed just about the time the real estate market starts to turn around and renters make their move to purchase at the bottom, thereby cranking up the apartment vacancy rate. Leaving investors in these dinosaurs - which would include the taxpayers, of course - holding the bag.

Apartments today = condos tomorrow, and vice versa.

Dense bunkers today = ghettos tomorrow.

Hey Jack - is "entitlement phase" the new planner term for public-private partnerships? It used to be that they would find euphemisms that are more acceptable to the masses, but the process must be so common now that there is no reason to make it sound any better than it is. When will they start calling it crony capitalism, social engineering, theft, or even Blumenauering?

It'd be really interesting to see Bojack's opinion of some of the GOOD housing development in Portland in recent years. Especially apartments. There must be some good apartment development. I can't think of any myself (but that's why I like this blog. Lots of info on development I'd never know otherwise).

-Also I agree w. J Rettig. Bubble-time for apartment construction - except I'd add that it's not just homeowners sitting it out. There are a large number of vacant homes vs history. SO if/when those come back on the market (either as rentals or are sold), that's a big bubble popper.

What ever happened to a business person spending their own money on the prospect of making more money?

If all these development projects were good ideas, then the public coffers should NEVER be raided for private profit.

Our political class have become nothing more than salespersons pitching for the cons sucking off the public tit.

I liked living in the Lloyd District a few years ago now (some dozen blocks east of this proposed development). Great access to public transportation. Great walks into town over the Broadway or Burnside bridges. Amenities at hand. And it was free of the cockroaches that had invaded the close-in northwest.

I say it has potential -- that should all be developed with private funds.

Max, have you seen "The Pruitt-Igoe Myth?" Pretty interesting, even if it is a revisionist history attempting to defend the "towers in the park" style of 20th century building. Though Cabrini-Green was a problem because it was low income housing. I see no sign that this Lloyd district superblock will have any low income housing within it, so it might work. At least the Lloyd District makes sense as a place to put high density towers, certainly more so than South Waterfront. So much sense it shouldn't require any public funds, of course.

Andrew--Doesn't public funding demand some sort of subsidized housing units set asides?

Teresa, yes and no.

Depends on the various subsidies a developer goes for. Much of them ridiculous, as documented many times here. For instance the apartments going up in my neighborhood on N Williams include a portion of income restricted apartments for an extra tax credit. One thing that "Transit Oriented Developments" can get away with is not having any parking minimums. Haven't seen enough details about parking from this development yet. Also, developers can always promise to put up subsidized housing sometime in the indefinite future as happened in South Waterfront.

If you surround some low income housing with a bunch of middle class or higher people it seems to work ok. In Vancouver's high rises the low income apartments exist within the towers, and each resident have keys for the elevators that unlock only some floors. (fwiw I think that style of glass hi-rise towers is kinda ugly and am not a fan of South Waterfront)

There's no way any of these apartments are going to be truly affordable. The article mentions that the going rate for a 1-bedroom in the Lloyd area is over $900 a month and the developers say that the project must "pencil out." So the apartments will be pretty tough for pensioners, the low-income or any family of more than 2 members to consider them.

Andrew, you mentioned the promise of subsidized housing in SoWhat. Several of the 9 Agreements required such for the future. But little of those have been built.

Homer, Edlen were the major "partners" in foisting the requirements into the future but reaping the benefits now.

Even OHSU was required to build a large parking garage on the two joint blocks they own, right southwest of their new Health Club building, with a low-income housing tower on top. OHSU was even compensated for the air-rights for the tower from TIF dollars. The Agreement has been broken. Where's the enforcement?

Lee beat me to it: given the enforcement that seems not to prevail here on any project, be it requirements for low-income housing or paying to ride the "train", depending on agreements doesn't seem particularly realistic.

Andrew: I lived on Tillamook, just a couple doors down from Williams, back in the early 1970's. Walked all over that place, even late at night, up to Lloyd Center and everywhere around. Never a problem, back then.

It's a lot scarier area now, and I'm not sure the towers would do much to improve the situation. On the other hand, if a developer thinks he can make it work, then great. Just, as you say, not with public funds.


Sponsors


As a lawyer/blogger, I get
to be a member of:

In Vino Veritas

Lange, Pinot Gris 2015
Kiona, Lemberger 2014
Willamette Valley, Pinot Gris 2015
Aix, Rosé de Provence 2016
Marchigüe, Cabernet 2013
Inazío Irruzola, Getariako Txakolina Rosé 2015
Maso Canali, Pinot Grigio 2015
Campo Viejo, Rioja Reserva 2011
Kirkland, Côtes de Provence Rosé 2016
Cantele, Salice Salentino Reserva 2013
Whispering Angel, Côtes de Provence Rosé 2013
Avissi, Prosecco
Cleto Charli, Lambrusco di Sorbara Secco, Vecchia Modena
Pique Poul, Rosé 2016
Edmunds St. John, Bone-Jolly Rosé 2016
Stoller, Pinot Noir Rosé 2016
Chehalem, Inox Chardonnay 2015
The Four Graces, Pinot Gris 2015
Gascón, Colosal Red 2013
Cardwell Hill, Pinot Gris 2015
L'Ecole No. 41, Merlot 2013
Della Terra, Anonymus
Willamette Valley, Dijon Clone Chardonnay 2013
Wraith, Cabernet, Eidolon Estate 2012
Januik, Red 2015
Tomassi, Valpolicella, Rafaél, 2014
Sharecropper's Pinot Noir 2013
Helix, Pomatia Red Blend 2013
La Espera, Cabernet 2011
Campo Viejo, Rioja Reserva 2011
Villa Antinori, Toscana 2013
Locations, Spanish Red Wine
Locations, Argentinian Red Wine
La Antigua Clásico, Rioja 2011
Shatter, Grenache, Maury 2012
Argyle, Vintage Brut 2011
Abacela, Vintner's Blend #16 Abacela, Fiesta Tempranillo 2014
Benton Hill, Pinot Gris 2015
Primarius, Pinot Gris 2015
Januik, Merlot 2013
Napa Cellars, Cabernet 2013
J. Bookwalter, Protagonist 2012
LAN, Rioja Edicion Limitada 2011
Beaulieu, Cabernet, Rutherford 2009
Denada Cellars, Cabernet, Maipo Valley 2014
Marchigüe, Cabernet, Colchagua Valley 2013
Oberon, Cabernet 2014
Hedges, Red Mountain 2012
Balboa, Rose of Grenache 2015
Ontañón, Rioja Reserva 2015
Three Horse Ranch, Pinot Gris 2014
Archery Summit, Vireton Pinot Gris 2014
Nelms Road, Merlot 2013
Chateau Ste. Michelle, Pinot Gris 2014
Conn Creek, Cabernet, Napa 2012
Conn Creek, Cabernet, Napa 2013
Villa Maria, Sauvignon Blanc 2015
G3, Cabernet 2013
Chateau Smith, Cabernet, Washington State 2014
Abacela, Vintner's Blend #16
Willamette Valley, Rose of Pinot Noir, Whole Clusters 2015
Albero, Bobal Rose 2015
Ca' del Baio Barbaresco Valgrande 2012
Goodfellow, Reserve Pinot Gris, Clover 2014
Lugana, San Benedetto 2014
Wente, Cabernet, Charles Wetmore 2011
La Espera, Cabernet 2011
King Estate, Pinot Gris 2015
Adelsheim, Pinot Gris 2015
Trader Joe's, Pinot Gris, Willamette Valley 2015
La Vite Lucente, Toscana Red 2013
St. Francis, Cabernet, Sonoma 2013
Kendall-Jackson, Pinot Noir, California 2013
Beaulieu, Cabernet, Napa Valley 2013
Erath, Pinot Noir, Estate Selection 2012
Abbot's Table, Columbia Valley 2014
Intrinsic, Cabernet 2014
Oyster Bay, Pinot Noir 2010
Occhipinti, SP68 Bianco 2014
Layer Cake, Shiraz 2013
Desert Wind, Ruah 2011
WillaKenzie, Pinot Gris 2014
Abacela, Fiesta Tempranillo 2013
Des Amis, Rose 2014
Dunham, Trautina 2012
RoxyAnn, Claret 2012
Del Ri, Claret 2012
Stoppa, Emilia, Red 2004
Primarius, Pinot Noir 2013
Domaines Bunan, Bandol Rose 2015
Albero, Bobal Rose 2015
Deer Creek, Pinot Gris 2015
Beaulieu, Rutherford Cabernet 2013
Archery Summit, Vireton Pinot Gris 2014
King Estate, Pinot Gris, Backbone 2014
Oberon, Napa Cabernet 2013
Apaltagua, Envero Carmenere Gran Reserva 2013
Chateau des Arnauds, Cuvee des Capucins 2012
Nine Hats, Red 2013
Benziger, Cabernet, Sonoma 2012
Roxy Ann, Claret 2012
Januik, Merlot 2012
Conundrum, White 2013
St. Francis, Sonoma Cabernet 2012

The Occasional Book

Phil Stanford - Rose City Vice
Kenneth R. Feinberg - What is Life Worth?
Kent Haruf - Our Souls at Night
Peter Carey - True History of the Kelly Gang
Suzanne Collins - The Hunger Games
Amy Stewart - Girl Waits With Gun
Philip Roth - The Plot Against America
Norm Macdonald - Based on a True Story
Christopher Buckley - Boomsday
Ryan Holiday - The Obstacle is the Way
Ruth Sepetys - Between Shades of Gray
Richard Adams - Watership Down
Claire Vaye Watkins - Gold Fame Citrus
Markus Zusak - I am the Messenger
Anthony Doerr - All the Light We Cannot See
James Joyce - Dubliners
Cheryl Strayed - Torch
William Golding - Lord of the Flies
Saul Bellow - Mister Sammler's Planet
Phil Stanford - White House Call Girl
John Kaplan & Jon R. Waltz - The Trial of Jack Ruby
Kent Haruf - Eventide
David Halberstam - Summer of '49
Norman Mailer - The Naked and the Dead
Maria Dermoȗt - The Ten Thousand Things
William Faulkner - As I Lay Dying
Markus Zusak - The Book Thief
Christopher Buckley - Thank You for Smoking
William Shakespeare - Othello
Joseph Conrad - Heart of Darkness
Bill Bryson - A Short History of Nearly Everything
Cheryl Strayed - Tiny Beautiful Things
Sara Varon - Bake Sale
Stephen King - 11/22/63
Paul Goldstein - Errors and Omissions
Mark Twain - A Connecticut Yankee in King Arthur's Court
Steve Martin - Born Standing Up: A Comic's Life
Beverly Cleary - A Girl from Yamhill, a Memoir
Kent Haruf - Plainsong
Hope Larson - A Wrinkle in Time, the Graphic Novel
Rudyard Kipling - Kim
Peter Ames Carlin - Bruce
Fran Cannon Slayton - When the Whistle Blows
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Road Work

Miles run year to date: 113
At this date last year: 155
Total run in 2016: 155
In 2015: 271
In 2014: 401
In 2013: 257
In 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269


Clicky Web Analytics