The Zidell family has revealed their master plan for developing their property in Portland’s South Waterfront.
The Zidell family has revealed their master plan for developing their property in Portland’s South Waterfront.
The family has long operated a shipyard in the South Waterfront, where it still builds barges. But its 33 acres of mostly vacant land — between TriMet’s under-construction Portland-Milwaukie Light Rail Bridge and the aerial tram — is the largest chunk of developable land in the city.
“We have the potential to build the types and sizes of buildings not available anywhere else,” said Matt French, the great-grandson of Zidell Cos. founder Sam Zidell, and managing director the family’s real estate firm.
Their master plan calls for 27 buildings and 3 to 3.5 million square feet of indoor space. Like the rest of the South Waterfront, much of the space will likely be residential with ground floor retail. But the plan also calls for a high-density, office-heavy north end near the light rail connections coming over the bridge.
Read more at OregonLive.com.
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