The Mary Ann
|Location: 0.46 acres at 4605 SW Main Ave.|
Outcomes: Four-story apartment building with 54 units
Developer: REACH CDC
General Contractor: Walsh Construction
Expected Completion: Fall 2021
The Mary Ann will be a four-story apartment building adding 54 units to Beaverton’s Old Town. It is a collaboration between REACH CDC and the City of Beaverton to meet the needs of working families in Downtown Beaverton, with over 50% of the apartments containing two or more bedrooms.
The units at the Mary Ann will be dedicated to housing families with children and incomes at or below 60% of the area median income (AMI). In addition, 20% of the units will be set aside for families with incomes at or below 30% AMI. After completion, the site will also include programs and bilingual services for residents through a partnership with Bienestar, a local nonprofit which works with Latinxs, immigrants, and families.
The Mary Ann is the first project to receive funds from the Metro Regional Affordable Housing Bond, passed by voters in 2018. Additional financing comes from the Beaverton Urban Redevelopment Agency, City of Beaverton, Washington County, and the State of Oregon.
"I am proud that our plans for a more vibrant downtown are inclusive and that our city center welcomes community members who need our support most," Beaverton Mayor Denny Doyle said. "The Mary Ann exemplifies the type of housing development we need in Beaverton with both affordable and deeply affordable homes and great access to transit and downtown amenities. Increasing the availability and affordability of housing is a key focus area and will remain a top city priority."
Reach CDC Project Pipeline Page: https://reachcdc.org/our-work/pipeline