When a building permit was issued last week for a project at 5811 SE Boise—formerly 5816 SE Foster—it brought to 131 the number of units anticipated for development in the near term. Even more are in the pipeline, which could see at least a couple hundred units added to the corridor between SE 50th and 72nd Avenue.
The property at 5811 SE Boise is slated for a three-story, thirty-unit apartment building. That building will occupy a now-vacant lot that sits behind the commercial buildings at SE 58th and Foster.
Combined with the 101 units of affordable housing included in the mixed-use development at 7120 SE Foster, the two projects will bring as many as 131 units of housing in a short amount of time. The project at 7120 SE Foster—known as 72Foster, and sitting just across the street from the Portland Mercado—is still in the planning stages, but is expected to be fast-tracked as part of the city’s efforts to add much needed affordable housing.
The addition of residential development may not end there, however. And there could be as many as 80 more units in the pipeline.
As we’ve posted before, the Y-Arts Center at 6036 SE Foster is slated for a complete rebuild with the addition of up to 54 units of housing. The four-story development would make neighbors of the commercial stretch that now includes Tambayan Filipino Restaurant, Kilroy’s Tattoo, Backstory Books, Wild at Heart Salon, Flat Blak Gallery, and Latchkey Gallery. Adding a residential dynamic to this stretch of the corridor should only increase the eclectic feel and add a little more vibrancy. As originally posted on NextPortland.com, initial renderings had that project set back from Foster with most of the residential nearing Holgate on the south side of the property. However, the architect is now looking to have the residential also face Foster, which should be more aesthetically pleasing and add more energy to Foster itself.
If we see 54 apartments built as part of the Y-Arts rebuild, the 14-block stretch between SE 72nd and SE 58th and Foster will see nearly 200 units of housing added.
But there’s more.
As we move north and west along Foster, the former Busy Bee lot that currently sits fallow and fenced off is slated for another mixed-use development. While this project is further behind in its timeline than the other projects, they’ve already announced plans for three stories of apartments above ground floor commercial space. The property at 5045 SE Foster saw the Busy Bee Cleaners building demolished earlier this year, and most recently was home to a homeless encampment before being fenced off. There is no word yet on when plans for construction might be. We’ve heard there could be at least 30 units attached to this development, but that still remains to be seen.
In total, if all the developments see construction, Foster could net as many as 225 units of housing within a 20-block stretch. Once the Foster Streetscape Plan is complete, we’d be surprised if more aren’t added to the list.