The Prescott Blocks project is located directly across a single lane of street traffic from the Prescott stop on the yellow line light rail train in north Portland. The 42,735 SF site is bound by Interstate Ave to the west, Prescott St to the north, Maryland Ave to the east and Skidmore St to the south.
The project consists of 6 stories along Interstate Ave and 5 stories on the north and east wings of the building. 155 apartment units are situated over approximately 9,500 SF of first floor retail space along Interstate Ave. First floor units facing north and east will have direct street level access. Secured underground parking will provide 111 parking stalls and 40 for rent storage units for the tenants. Additional project amenities include a landscaped central courtyard, outdoor bocce ball court, outdoor BBQ and seating area, exercise room and an outdoor pickle ball/sport court area. The Prescott will feature five major unit types; 41 studio units averaging 460 SF, 8 open one bedroom units averaging 621 SF, 46 one bedroom units averaging 625 SF, 15 one bedroom plus den units averaging 659 SF and 45 two bedroom units averaging 936 SF. The five commercial spaces in the project range in size from 1,130 SF to 2, 815 SF.
Project construction began in April of 2012 and was completed in November, 2013.