The Dean River

Portland, Oregon

The Dean River is a collaborative development between Ethos Development and Northwest Sustainable Properties. 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 developer, Ethos provided early investment, site selection, financial modeling, design management, entitlement support, and financing assistance to this development.

Location
3318 SE 16th St
Building Size
44,000 sq. ft
Unit
72 Apartments
Construction Start
Spring 2019

Architecture
Siteworks Design-Build
Investment Sale
Ethos Commercial Advisors