Brooklyn Point is a collaborative development between Ethos Development LLC and Northwest Sustainable Properties LLC. Currently under construction, the transit-oriented development will feature 72 small-format apartments and three units in the building will be rented to those earning 60% of Area Median Income, this strategy allows for market-rate affordability by driving down the gross rental cost of the units.
The project site is one block from the SE 17th St MAX station and offers a 15-minute commute to Portland State University as well as pedestrian access to three city parks and the Southeast Division Street retail corridor.
As a fee co-developer, Ethos provided early investment, site selection, financial modeling, design management, entitlement support, and financing assistance to this development.
- 3325 SE 17th Ave, Portland OR
- Building Size
- 44,000 sq. ft
- 72 Apartments
- Construction Start
- Spring 2019
- Siteworks Design-Build
- Investment Sale
- Ethos Commercial Advisors