Foresight Development revitalizes Portland’s historic neighborhoods by renovating and developing unique urban properties.
Currently, Foresight Development manages real estate in historic and urban properties, including mixed-use, office, and retail spaces. We are committed to rejuvenating historic properties in Old Town, the Central Eastside, and beyond.
Please contact us to learn more about leasing, co-development or joint venture opportunities.
December 20, 2013
The developers of the Grand Central building in Southeast Portland have proposed a $20 million mixed-use apartment building on an adjacent half-block. Architects for Foresight Development & Real Estate, which restored the former Grand Central Market at 808 S.E. Morrison St., have drawn up plans for the apartment building at 915 S.E. Belmont St.
In addition to 120 apartments -- mostly studios and one-bedrooms, with 10 two-bedroom units -- plans call for 5,855 square feet of ground-floor retail space, as well as ground-level parking for 28 cars (some parking stalls are reserved for the Zipcar car sharing service).
December 17, 2013
A six-story building, with 120 loft-like units and retail space, is planned in Southeast Portland, along Ninth Avenue and between Belmont and Morrison streets.
The renovation of the Grand Central Building was just the beginning of changes in the Buckman neighborhood’s center.
In 2005, when Foresight Development & Real Estate purchased the 45,000-square-foot building between Southeast Belmont and Morrison streets, it also acquired a surface parking lot on the other side of Ninth Avenue with plans for a condominium development. But by the time Foresight completed its $11 million Grand Central Building rehab, the recession led the firm to sideline its condo project.