Venerable Properties, LLC is setting its sites on Portland’s Central Eastside, where it recently purchased the former Salvation Army Industrial Home building, 200 SE Martin Luther King, Jr. Blvd.
Venerable Development will bring a $7 million project to the Salvation Army Industrial Home Building located on Martin Luther King Boulevard and Ash Street.
Preservationists ask the city to provide incentives to help pay for seismic upgrades of unsafe, historic buildings.
Since 1991, Venerable’s goal has been to bring about positive change in neighborhoods through redevelopment projects that increase investment, street activity, building standards and opportunities for new businesses and job creation. During this anniversary year, we recognize and thank our partners, clients, tenants and vendors for their cooperation and their business in helping make Venerable one of the city’s top 10 commercial developers.
By chance while doing research on another property, I stumbled upon an article providing some interested history about the Minnesota Hotel — a property we renovated and manage at 322 NW 5th Ave. Dating to 1910, the article describes the leasing of the Minnesota Hotel building by the M. Hachiya Company: As a possible nucleus […]
Please join Venerable at the 2011 George McMath Award luncheon honoring Elisabeth Walton Potter on May 6 from 11:30 a.m to 1 p.m. at the White Stag Block. Tickets available.
Portland Public Schools selected Venerable Group, Inc. to redevelop long-vacate Washington High School in Southeast Portland. Venerable offered a number of options for use with a focus on housing mixed with business space. Negotiations are suppose to start in March and any agreement will be subject to Board of Education review and approval.
Venerable and Portland Public Schools will negotiate acquisition agreements to revamp Washington High School into a multi-use site that includes housing. School officials agreed to approve any development plan before moving ahead with a sale of the site, at Southeast 12th Avenue and Stark Street. Venerable won the right to negotiate with the district because its plan met fiscal requirements and expectations of the abandoned school’s neighbors. Formal negotiations are set to begin in early March.
For more on Fire Station No. 7, please read the post at Portland Architecture by Brian Libby.
White Stag Block is the cover story in the Winter 2010 edition of Oregon Facilities: Solutions for Building Owners and Managers.
The article by Kelly Lux is titled Adaptive Reuse in Portland’s White Stag Block: Building Managers Find Little Difference in Operating, Managing a Rehabilitated Building.