Developers Discuss Bridgehead Plans

Big things are happening at the east end of the Burnside Bridge, and developers of the Block 67 project this week talked to area real estate professionals about their experiences with marketing options, construction challenges and communication with the locals.

Jeff Pickhardt, principal of Hood River-based Key Development; Eric Jacobson, a Portland Development Commission planner; and Adrian Boly, vice president of acquisitions and development at Guardian Real Estate Services spoke at a CREW luncheon at the Multnomah Athletic Club on Thursday.

Boly said that the project had received a Multiple-Unit Limited Tax Exemption from the Portland Housing Bureau. That means that in exchange for receiving a 10-year tax abatement, 20 percent of the studios and one- and two-bedroom units in the 21-story mixed-use tower at Block 67 will be reserved for tenants making 60 percent of the median family income or less.

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