
Tiller Terrace will provide 214 apartments in the Goose Hollow neighborhood of Portland, OR. Located directly across from the Providence Park TriMet light rail station, the project is a mixed-use, six-story midrise on 20,000 square feet of land. The development includes 3,500 square feet of retail space, a community room, an outdoor terrace, and classroom space. The project will obtain the nationally recognized Green Globes® certification.
Initially designed as a market-rate project, Guardian repositioned the development to help meet the growing need for affordable housing in central Portland. Tiller Terrace will serve households who earn no more than 60% of the Area Median Income (AMI), providing needed housing for central Portland’s workers.
For more information on Tiller Terrace visit: www.tillerterrace.com
Tiller Terrace in the News:
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2/28/22 – Next Portland – Metro Reports: Tiller Terrace, The Josephine, Brooklyn Apartments, and More
2/10/22 – DJC Oregon – An adventure in mixed-use development
10/26/22 – KATU – New affordable housing development coming to Goose Hollow
Project Statistics:
- Construction Start: Q4 2021
- Estimated Completion Date: March 2024
- Units: 214 affordable units
- Unit Mix: 161 Studios, 42 One Bedroom, 11 Two Bedrooms
Project Partners:
- Developers: Guardian Real Estate Services
- General Contractor: R&H Construction
- Construction Management: BC Group
- Architect: SERA Design and Architecture
- Interior Design: Tello Interiors
- Financing Partners:
- PNC Real Estate
- Red Stone tax exempt funding
- OHCS tax-exempt bonds and LIHTC
- Metro TOD