Venerable Development will bring a $7 million project to the Salvation Army Industrial Home Building located on Martin Luther King Boulevard and Ash Street.
Preservationists ask the city to provide incentives to help pay for seismic upgrades of unsafe, historic buildings.
Since 1991, Venerable’s goal has been to bring about positive change in neighborhoods through redevelopment projects that increase investment, street activity, building standards and opportunities for new businesses and job creation. During this anniversary year, we recognize and thank our partners, clients, tenants and vendors for their cooperation and their business in helping make Venerable one of the city’s top 10 commercial developers.
Venerable and Portland Public Schools will negotiate acquisition agreements to revamp Washington High School into a multi-use site that includes housing. School officials agreed to approve any development plan before moving ahead with a sale of the site, at Southeast 12th Avenue and Stark Street. Venerable won the right to negotiate with the district because its plan met fiscal requirements and expectations of the abandoned school’s neighbors. Formal negotiations are set to begin in early March.
For more on Fire Station No. 7, please read the post at Portland Architecture by Brian Libby.
As we prepare to start rehabilitation work on our Belmont Building now seemed as appropriate a time as ever to become a little more familiar with the history of this Central Eastside property.
On September 30th the HPLO will host their annual State of Preservation in Oregon forum right here in the White Stag Block.
Art DeMuro, of Venerable Properties, remembers hitting the point of no return in the redevelopment of the White Stag Block in Portland. He realized that he and the project were linked, for better or worse, until the end. Now, he’s chasing redevelopment of Washington High School and DeMuro won’t walk away. The desire to see the building brought back into the community is too strong.
Cathy Galbraith, executive director of Bosco-Milligan Foundation, is passionate about historic preservation. That’s why this year the University of Oregon and Venerable Group awarded the 2nd annual McMath Award for historic preservation to Galbraith. The award honors the late Portland preservationist George McMath.
As the “last and best” design by Lee Gray Holden, Fire Station No. 7 is said to have been the pride of his career.