St. Johns Development Land 8625 N Crawford St Terrain 1,8 ha À vendre 6 891 920 € Portland, OR 97203

This 4.46 acre property is highly unique opportunity for redevelopment in the growing and gentrifying St. Johns neighborhood. The site is one of the largest continuous mixed use zoned development sites in the City. Property has spectacular views of the river; iconic St. Johns bridge and Forest Park. Access to downtown Portland and Pearl District is only 15 minutes away via Hwy 30/NW Yeon Ave. Smaller parcels (1 acre) can be purchased separately. The property is going through a comprehensive plan map amendment process and will be delivered with the mixed use desirable zoning of CM3 estimated to be in Q3 2025. Topography is generally flat and ready for development. A Prospective Purchaser Agreement is in process which will allow any buyer liability protection from any previous contamination. New development can have heights to 55' and FAR 3:1. The property could accomodate up to 500 units with 1:1 parking. Local Improvement District (LID) has been approved by the city which will bring all new streets; curbs; upgraded utilities thus relieving a owner from expensive off site required improvements.
The property has views of the Willamette River: the iconic St Johns Bridge: Forest Park. River Access/Boat Ramp blocks away. St Johns retail center with shopping; grocery and various food and beverage options in downtown St Johns up the hill.