PORTLAND (AP) — A Miami-based developer is dramatically scaling back a plan that formerly called for four 14-story apartment buildings outside Portland’s downtown.
The Press Herald reports Federated Cos. Chairman Jonathan Cox says the new plan is instead a “more traditional, mid-rise project” with four six-story buildings. The number of marketrate apartments would decrease from 850 to 440. The project would also have one garage instead of two.
The agreement means Keep Portland Livable will put a lawsuit against the project on hold while the new plan goes through the city’s approval process. Cox says he hopes that will be finished early next year. Keep Portland Livable founder Tim Paradis says the group now supports the project. He says the original plan would have “walled off ” Portland’s peninsula, home of its downtown.
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