Developer C.E. John Co. is planning a 94-unit mixed-use apartment building at 2234 N.W. Lovejoy St. The long-vacant property has been owned by the family since 2004, and “the time is right” to start developing it, said Tom Dichera, vice president of development with the company.
“We’re working on a number of mixed-use projects in an effort to diversify our portfolio of properties,” Dichera said.
C.E. John has historically been a developer of large retail properties and shopping centers, such as Cedar Hills Crossing in Beaverton. Dichera said the company plans to build into a strong demand for rental housing with new investment in neighborhood locations. The buildings will still have retail, but also include multifamily housing.
Dichera said the Lovejoy property is one of a “handful” of multifamily projects the firm is working on. He could not discuss others publicly, but said the Lovejoy property will be among the largest, at six stories and 110,000 square feet. On-site parking for 67 vehicles is also planned.
C.E. John Co. and SERA Architects have a pre-application conference on the project planned for next week, on May 31.