Developer abandons plans for Burnside apartments, extending Portland’s construction drought

There was a note of hope when a builder applied last spring to construct some 150 apartments at Southeast 14th Avenue and Burnside Street.

The city had previously issued a building permit for the Buckman site, but the developer abandoned that plan because of high construction, borrowing and permitting costs.

And yet, a new day seemed to be dawning at 1336 E. Burnside St. By summer, the City Council would approve a three-year pause on development fees for projects just like this…

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