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Albina One

Rental
Under Construction
Albina Vision Trust and Edlen & Co. will develop 94-units of family-focused affordable housing with priority to displaced or longtime residents of North/Northeast Portland under the City’s Preference Policy.
Rendering of Albina One, a six-story black and yellow mixed-use residential affordable housing project, with a bustling courtyard.
Summer 2025

Albina Vision Trust and Edlen & Co. will develop Albina One, a 94-unit family-focused project, in the Eliot neighborhood of inner N/NE Portland. Designed to counter the intentional displacement of Black people from the neighborhood due to urban renewal, freeway siting, and long-term gentrification, the mix of one, two and three-bedroom units will serve young Portlanders, notably those that work in the trades. POICS + RAHS (Portland Opportunities Industrialization Center + Rosemary Anderson High School) will support residents with culturally specific education, mentoring, family outreach, employment training, and career placement services for Black and BIPOC households.

Amenities at Albina One will include community rooms on the ground and top floors, on-site property management offices, secure bike parking, and an outdoor plaza with garden and play areas. Tenants will have access to multimodal transportation options including TriMet Rose Quarter Transit Station, the streetcar, frequent-service bus lines, Interstate 5, and bike share stations. The project is less than one mile from a grocery store and other commercial activities; also nearby are the Willamette River, Harriet Tubman Middle School, Dawson Park and Lillis Albina Park, and several churches with historic ties to Portland’s Black community.

For questions about unit availability and leasing:

Sponsor website

Building Profile

Project TypeNew Construction
LocationEliot / Interstate Corridor URA
Regulated Units94
PSH Units-
Total Units94
StatusUnder Construction
Bedroom SizeUnits
Studio-
1-Bedroom39
2-Bedroom33
3-Bedroom22
AffordabilityUnits
30% AMI32
40% AMI-
50% AMI-
60% AMI62
80% AMI-
Unrestricted-

AMI = Area Median Income

Estimated Development Cost

Total$68,782,357
Portland Housing Bureau$14,424,597

Development Team

  • Albina Vision Trust, Sponsor
  • Edlen & Co, Developer
  • POIC + RAHS, Service Provider
  • LEVER Architecture, Architect
  • Colas Construction, General Contractor