Lake Oswego North Anchor

In FEBRUARY 2020, the City of Lake OSwego selected UD+P to Lead the redevelopment of three parcels in the heart of downtown Lake Oswego, Oregon, a highly desirable close-in Portland Suburb.

Referred to as “North Anchor” because of its strategic location at the north end of downtown’s retail and restaurant core, this 1.07-acre, city-owned site on the northeast end of B Avenue is a key pedestrian thoroughfare. It is within close proximity to several recent and planned investments, including The Windward, a mixed-use project with over 200 market-rate apartments units and ground-floor retail, Beacon, a new mixed-use building with retail, office and a high-end event space, and Lake View Village, a popular destination for retail shopping and dining. Lake Oswego’s new City Hall, opened in 2021 at the corner of A Avenue and 3rd Street, is also nearby.

UD+P has assembled an experienced team of designers, engineers, and consultants to ensure the project will deliver the utmost value to the Lake Oswego community and honor the city’s development standards, rich history and culture through exceptional design. Our proposed development plan includes two projects — a 86-room boutique hotel with publicly accessible, ground-floor dining and lounge areas, and a multifamily residential project with approximately 67 well appointed apartments designed to accommodate urban lifestyles. Additional plan elements include ground floor retail along B Avenue, designed to activate the pedestrian realm and provide neighborhood and community goods and services, as well as covered off-street parking.

Project Team

Developer: Urban Development + Partners
Architect: Hacker Architects
Interior Design Partner: Curioso
General Contractor: R&H Construction