'Lenox Addition' rises at S.E. 52nd and Holgate
Much has recently been written about the large apartment houses being built in Sellwood and Westmoreland, adding a substantial number of new housing units to that neighborhood, with more to come.
But the boom is not exclusive to that neighborhood. Six months ago, a building started to rise on the long-dormant northwest corner of S.E. 52nd and Holgate Boulevard.
The development is called the "Lenox Addition", a 64-unit apartment complex with approximately 3,000 square feet of retail space on the ground floor.
With three stories of apartments above three ground-level retail spaces, it will be the highest building of mixed residential commercial use in the immediate area. Officially a part of the Creston-Kenilworth neighborhood, it shares a boundary with the Woodstock neighborhood.
The apartments – 19 studios, 39 one-bedrooms, and 6 two-bedrooms – will be "market rate" units.
"I like the property because it's a little more affordable than Hawthorne-Division. It's good 'intermediate stock'," says David Chatfield, multi-family investment broker for Norris & Stevens Property Management.
The approximate square footage for these apartment units: Studio 435 sq.ft., one-bedroom 555 sq.ft., and two-bedroom 770 sq.ft. All units will feature quartz countertops, stainless steel kitchen appliances, and washers and dryers. The complex will include an interior courtyard at the ground level.
The street-level retail space is projected to have a restaurant and possibly a coffee shop. Several apartment units will share the ground floor, and are planned to allow business owners both to work and live on-site. Chatfield observed that the development is still underway, so the number of retail spaces could change.
Architects for the development are Chris Bixby and John Weil, formerly of Allied Works Architecture. The two are best known for their design of the Wieden + Kennedy headquarters, and the new home of the Pacific Northwest College of Art.
There will be parking for retail use, but no off-street parking for residents. The development is on the east-west TriMet bus route #17; and bus #71 runs north and south. The building is nine blocks south of Powell Boulevard, and ten blocks north of Woodstock Boulevard.
The apartment complex is named after the locality's historical name, Lenox – based on earlier plat maps. Apartments and retail space are projected to be available in April 2018. To see photos and floor plans, go online – www.lenoxaddition.com