$100 Million+ Project Launched Overlooking Deschutes
A parcel off of Century Drive in Bend will be the site of a $100 Million+ project. Learn more here.
BY SIMON MATHER — CBN FEATURE WRITER
Ground has been broken on a spectacular site overlooking the Deschutes River in Bend which will feature luxury condominiums and, in the future, a 4-star and 5-star hotel, complete with a rooftop bar, as part of a 7.6-acre mixed-use development off Century Drive with an estimated price tag north of $100 million.
Ridgeland, Mississippi-based developers Wealth Hospitality Group plan to roll out the project in three stages, starting with The Ridge consisting of 37 high-end condos across five four-story buildings, boasting pristine…
New Bend Costco a step closer to approval after parking space concerns
The Gateway North development in Bend, which will include a new Costco, has been given preliminary approval. Learn more here.
The Bend City Council has given preliminary approval to the Gateway North development that will include a new Costco with a gas station. The approval comes after some contention last month over a key sticking point — parking spaces.
The Gateway North development would be located between Robal Lane and Cooley Road along Highway 20. It would include the Costco with a gas station and a car wash. It would also replace the current Costco on the city’s east side.
The development also includes 422 units of housing and commercial uses including restaurants.…
Bend restaurant demolished for Wilson Avenue improvements
The Wilson Avenue Corridor Project begins with the demolition of Hong Kong Restaurant. Find out more about it here.
To prepare for next year’s construction at Third Street and Wilson Avenue, demolition of the decades-old Hong Kong Restaurant on the intersection’s northeast corner has begun.
The demolition that began Monday is part of the Wilson Avenue Corridor Project, which will include improvements on Wilson, from Second to 15th streets. The $19 million project will include the addition of four raised medians at each corner to protect pedestrian and bicycle crossings from turning vehicles, new sidewalks and new traffic signals with more intelligent traffic detection.
The Wilson Avenue project is the first to be funded by the 2020…
‘Stunning’: Deschutes County’s population grows by nearly 29% since 2010, double that of Portland area
Deschutes County’s population has a grown nearly 29% since 2010. Read more here.
SALEM, Ore. (KTVZ) — Central Oregon’s counties have been three of the four fastest-growing in the state since 2010, with Deschutes County’s nearly 29% growth rate more than twice that of the Portland area, a state economist said Monday.
Here’s the report from Oregon Employment Department economist Jessica Nelson:
In 2021, Oregon’s population increased by 22,769 to 4,266,620. This marked growth of 0.5% over the year and growth of 11.4% since the 2010 Census, close to the rate of growth over the prior decade from 2000 to 2010 as well. Portland State University’s Population Research Center recently released more detailed information on why this population growth has…
Local woman builds new apartment building for parents, longtime friends
Local Portland woman builds apartment building for close friends and family. Learn more here.
PORTLAND, Ore. (KOIN) — If you’ve been in inner Southeast Portland lately, you may have noticed a 34,000-square-foot building that was recently finished.
Living inside that building is a large group of longtime friends who wanted to grow old together. The brainchild of a local woman, the building looks like a place you’d want to stay for vacation — complete with a heated pool, workout room and even an extensive game room.
“We were all sitting around talking about how we were going to age together,” resident Debbie McCabe explained. “But Molly is the one who took it and ran with it.”…
These Oregon cities had the most growth over the last five years
Oregon’s “Zoom towns” are continuing to see growth. Find out which cities grew the most here.
Brandon Sawyer (Portland Business Journal)
PORTLAND, Ore. — Oregon’s best known and largest city grew 5% between 2016 and 2021, slightly more than the state overall at 4.7%.
However, Portland’s population declined slightly at the end of that five-year span, falling by 0.9% in 2021 to 658,773, according to certified estimates as of July 1, prepared by Portland State University’s Population Research Center.
Migration toward the suburbs and so-called “Zoom towns” may have contributed to slowing growth in the urban center recently. Oregon cities with 5,000 or more residents in 2021 that enjoyed the most growth of late…
Southeast area of Bend could see much more growth
Bend will continue to expand its UGB by more than 600 acres with the Stevens Rd Tract. Discover more here.
The state has approved plans for Bend to expand its urban growth boundary by more than 600 acres with the Stevens Road Tract, including about 260 acres on the eastern side of the property that advanced at the state level Tuesday.
Deschutes County selling SW Bend parcel to Kôr Land Trust/Housing Works for affordable housing
Seven acres along Simpson Avenue will become a 110-home affordable housing project. Learn more here.
BEND, Ore. (KTVZ) — Deschutes County commissioners voted unanimously Wednesday to sell about seven acres along Simpson Avenue, near the OSU-Cascades campus, for $1.3 million to a partnership of Kôr Community Land Trust and Housing Works for a 110-home affordable housing project.
The county issued a request and received several proposals for the county-owned land in the 19700 block of Simpson Avenue, north of the OSU-Cascades expansion area. It requested plans for a mix of affordable housing, defined as for those earning 60% of the area’s median income for renters and 80% of AMI for home buyers.
The results of the request for proposals…
New rental housing on the horizon on large undeveloped lot in Bend
New rental housing is underway in the area of Wilson Ave. and 15th St. Find out more here.
By Suzanne Roig, Bend Bulletin
Rental housing is being planned on a 32.75-acre parcel where Wilson Avenue and 15th Street intersect that could be move-in ready over the next couple of years.
Construction could begin in late 2023 after the owners, Evergreen Housing Development Group, move forward with amending the original master plan to remove the commercial development that was previously approved. The Bend City Council adopted the project concept in 2015. The property was listed for sale for $10.9 million and sold in January.
The Wildflower Planned Development will be 574 homes — three-story walk-up apartments, townhomes, cottage-style single-family homes…
Hotter than ever: Bend median home sales price soars $57,000 in February, hits $740,000
Bend’s real estate market sees no signs of slowing… Median home sales prices at $740,000. Learn more here.
(Update: Average Bend home sale price is even higher — $879,000)
REDMOND, Ore. (KTVZ) — Gas prices aren’t the only thing zooming fast into record territory on the High Desert: Bend’s median home sales price soared $57,000 in February alone to smash the record and reach $740,000, Beacon Appraisal Group reported Tuesday.
The inventory “remains less than a half-month supply,” appraiser Donnie Montagner said, “and there was a significant increase in the number of new (building) permits,” jumping from 37 in January to a summer-like 79 new permits last month.
“In addition to market appreciation, about 64 sales were over $769K,”…