Oliver Station

Rental
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Developed by Palindrome Communities, Oliver Station adds 125 units of affordable, transit-oriented housing to the Lents Town Center.
photo, front view of building

Summer 2018

With its two five-story midrise buildings and a one-story retail building, Oliver Station marks the first major mixed-use development in southeast Portland’s Lents Town Center area. Together with a slate of new developments including Lents Commons, the Woody Guthrie, and the Asian Health Services Center, Oliver Station is helping to create a vibrant, active center in the Lents neighborhood.

Of the building’s one- and two-bedroom apartments, 125 are designated affordable up to 60% AMI, including six units set aside for households earning up to 30% AMI. Property amenities include a community room, a computer room, bike storage, a fitness center, a courtyard, a rooftop terrace in the West Block, a rooftop plaza on the East Block, central laundry rooms, parking, and electric vehicle charging stations. The development includes 29,000 square feet of ground floor commercial space and is located near Lents Park, the I-205 Multi-Use Path, the MAX Green Line station, and three TriMet bus lines, among other Lents Town Center amenities.

For questions about unit availability and leasing:

Rental office

Building Profile

Project TypeNew Construction
LocationLents
Regulated Units125
PSH Units6
Total Units145
StatusCompleted
Bedroom SizeUnits
Studio-
1-Bedroom48
2-Bedroom78
3-Bedroom-
AffordabilityUnits
30% AMI6
40% AMI-
50% AMI-
60% AMI119
80% AMI-
Unrestricted manager's unit1
Market rate19

AMI = Area Median Income

Estimated Development Cost

Total$55,539,135
Portland Housing Bureau$13,262,131

Development Team

  • Palindrome Communities, Sponsor / Developer
  • Ankrom Moisan Architects, Architect
  • Urban Edge Builders Inc., General Contractor

Contact

Jill Chen

Housing Investments and Portfolio Preservation Manager
phone number503-823-2375For email inquiries, please include the name of the project in the subject line to promote an efficient response.

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