News Release from: REACH Community Development MEDIA PREVIEW TOUR OF GRAY’S LANDING
Posted: December 5th, 2012 11:50 AM
Photo/sound file: http://www.flashalertnewswire.net/images/news/2012-12/3984/59898/Block_49_day_rendering.jpg(Gray’s Landing )
PORTLAND, Ore. – December 5, 2012. REACH Community Development, a local nonprofit affordable housing developer, today announced media tours being offered at Gray’s Landing. Gray’s Landing is the first affordable housing development located in the South Waterfront District. The building officially opens to the public on December 14, 2012.
MEDIA TOURS
When: Friday, December 7 * 1:00 – 3:00 pm.
Where: Residential lobby of Gray’s Landing, 0650 SW Lowell Ave.
Who: All media representatives are welcome. A briefing about the development will take place at 1:00 pm. Tours will leave the lobby space no later than 1:30 pm.
Gray’s Landing, a $50 million dollar project, is home to 209 affordable apartments, with 167 of the apartments targeted to working people with modest incomes. The remaining 42 apartments have been set aside for very low-income veterans. The apartments are located above 26,000 sq. ft. of ground floor commercial and community space. REACH has completed the move of its corporate headquarters into 12,000 sq. ft. of the commercial space, which it purchased for $1.79 million. The building boasts one of the largest eco-roofs in the Portland metropolitan region, and is targeted to receive LEED Platinum certification. Gray’s Landing is a collaborative development between REACH, City Commissioner Nick Fish, and the Portland Housing Bureau.
About REACH CDC
For 30 years, REACH has built innovative and affordable housing for low-income families and individuals in the Portland metropolitan region. REACH develops and manages affordable housing and provides supportive services to our residents, as well as free home repairs to senior homeowners. Today, REACH’s portfolio includes 1,607 units including single family homes, apartment buildings and mixed-use developments located across the region. REACH has won numerous state and national awards for its creative approach to building healthy communities and its innovative housing projects. More information is available at http://reachcdc.org.
Contact info, for media use only:
Laura J. Recko
(503) 231-0682 x7175
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