By Laura Calugar
Point B Inc. is bringing much-needed creative office space to the John’s Landing neighborhood of Portland, Ore. The HoodWORKS project is replacing an old house and a small warehouse with a new, 17,000-square foot, three-story mixed-use building, with retail on the first floor and offices on the second and third floors. The Point B Property Development team partnered with Koble Creative Architecture and Abbasi Design Works on the design of the building.
The property’s location at 5615 Hood Ave. puts it less than three miles from downtown Portland and close to Interstate 5. The building is just one block off of the arterial street Macadam Avenue. There are three bus lines within walking distance.
Meeting Millennials’ needs
John’s Landing residents often need to travel outside the community to work, due to a lack of viable office space in the neighborhood as the neighborhood’s office space has long been in need of a refresh. The HoodWORKS design will include a creative design, with features such as bike lockers, showers and a rooftop deck. The building’s architecture incorporates:
- cross-laminated timber
- exposed ceilings
- concrete floors
- exposed wood beams
“We spent a significant amount of time on the design of this building, which allowed us to move through the permitting process quickly and efficiently. Now we’re ready to bring this well thought-out design concept to the unique and growing location in Southwest Portland,” said Point B Property Development President Matt Hargis, in a prepared statement.
For the first floor of HoodWORKS, Point B is considering anything from a pub to a neighborhood healthcare clinic. Recently, Point B also purchased a historic office building in the South Waterfront/John’s Landing neighborhood. The property offers long-term strategic opportunities for Point B.
There has been quite a lot of activity in Portland’s office market lately. Urban Renaissance Group and Clarion Partners sold the former Oregonian Building, a 175,000-square-foot office and retail building in Portland’s central business district, for $95 million.
Image courtesy of Point B