By Janet Goetze
For the Hollywood Star News
A new development is expected to bring more than 600 residences and dozens of local businesses to the Lloyd District by 2015.
Called “Hassalo on Eighth,” the project is between Northeast Hassalo and Multnomah Streets from Northeast Seventh to Ninth avenues.
American Assets Trust unveiled the project in September in a ceremony attended by Mayor Charlie Hales; Ernest Rady, American Assets Trust’s executive chairman, and John Chamberlain, president and CEO.
Portland’s distinct neighborhoods offer human scale places to walk, dine and shop, Chamberlain said. “This project is about returning that human scale to the Lloyd District,” he said, noting the district has approximately 25,000 office workers but relatively few residents.
Hassalo on Eighth will offer a variety of housing options and retail spaces in a LEED Platinum certified design by Portland’s GBD Architects. Its green technologies will include recycling and re-use of the building’s water. A 26,000-square-foot anchor tenant, which may be a grocery store, also is planned. The project is one of five EcoDistricts planned in the Portland area. That means it is a multi-building development designed with strong sustainability and livability features.