PORTLAND, Ore. – A house in the Eliot neighborhood of North Portland has been demolished, clearing the north side of the block for development of a five-story multifamily complex.
The house, which the Portland Chronicle reported on in March, was one of two on the north side of the block that were demolished this year. It was built in 1905, while the other, demolished in February, was built in 1904.
Eliot neighborhood residents attempted to save the houses, with the city accepting a delay request on the blue house but not the 1904 red house, a reader has told the Portland Chronicle. However, the neighbors were unable to get in contact with the former owners, William Reed and Lydia Lundberg operating under a business name of Reedberg Holding LLC.
The property sold in January 2015 to Cook Street Lofts LLC for $1,507,500.
Cook Street Lofts LLC is registered to Lance Yoshio Inouye, registered at an address on West Burnside Street with a mailing address in Vancouver, Wash. Inouye also makes up half ofYoshio Mckennon LLC, registered at the same Burnside address. The other half of that company is developer Aaron Jones, responsible for a number of other developments aroundPortland.
On Feb. 20 the Bureau of Development Services issued a construction permit for a five-story, 104-unit apartment building on the site. The applicant is Mike Coyle of Faster Permits, while the contractor is Jordan Gaither of Gaither & Sons Construction Co. registered in Vancouver.