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7th
and Tillamook: In
an area zoned for apartments, a worthy older house (not shown)
was restored rather than demolished, and four new rowhouses
were built in the remaining site—a space of land only 60
by 65 feet in size.
This is an example of how older buildings can be preserved while
increasing density, and how very dense sites may nonetheless
achieve a high design standard and be very attractive and liveable.
The total
value of the project when completed was more than six times the
before-construction value. |
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Santa
Lucia Apartments (SE Morrison):
A top-to-bottom
Design/Build remodel, upgrade and restoration of a decayed 8-unit
apartment building expanded net rentable
area from 5700 sf to 7200 sf. Two of the units are expansive (with
1280
sf).
Gross
rental
income
was more than doubled while maintenance and operating costs were
reduced.

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NE Thompson: A
dramatic transformation of a derelict Victorian house into a triplex
with a fourth cottage
unit. The formerly one-story house
was lifted, and two new floors were inserted
below. The value of the property was increased by a factor of five.
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SE Taylor: An
extensive Design/Build restoration, upgrade and expansion of a
decayed 4-unit
apartment building which nearly
doubled the net rentable area. Gross rental income was increased
over 200% monthly.

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