Collaboration betweenMakboul Inc. and Fosler Architecture for a Multi-Family Development Project in Portland, Oregon
[October 2019, Portland Oregon] Makboul Inc, a real estate development company, is focusing its real estate development activities in Portland, Oregon. The primary real estate developers of Makboul Inc, Ramez Makboul and Rami Makboul, have confirmed that they’re collaborating with principal architect Steve Fosler from Fosler Architecture.
The aim behind this project is to boost the local economy and capitalize on the premium real estate available at 5308 SE 18th Avenue, Portland, Oregon. Portland is also hailed as the perfect destination for people who love being outdoors. Its close proximity to hiking trails and mountain ranges attract tourists on a national and international level, making it the perfect site for the collaboration.
Currently, the available property consists of a single-family home and it is situated 1 and a ½ miles south of Downtown Portland.As a new construction, it is expected toaccommodate a 3-story apartment building with 16 units. It’s going to take up space of around 4,795 square feet on a lot that is situated in the North end of the Sellwood-Moreland neighborhood. The new building will be in-line with the modern aesthetic and fitting in properly with the upscale neighborhood.
“We're always looking for small infill projects but we are very excited about this neighborhood, particularly the 18th Ave. It is going through a huge transformation with multiple multifamily developments expected to break ground soon,” Makboul said.
The Sellwood-Moreland neighborhood also ranks high in the list of the Top 20 Best Neighborhoods in Portland, Oregon. It offers waterfront access, parks, and hiking trails and even the best bike trails. It’s the ultimate spot for anyone who loves to be outdoors. Makboul Inc. is expecting to successfully break ground in this neighborhood in the upcoming months.
The development project is a multi-family construction one which will be given a completely new design by Steve Fosler. Fosler founded Fosler Architecture in 1986 in Portland, Oregon and functions as the principal architect for this company. His insight into the local economy is invaluable for this project. Fosler also has years of experience in handling big or small construction development projects.
About the Company
Makboul Inc. is a private commercial real estate development company. As a family-owned business, it is run by real estate developers, Ramez Makboul and Rami Makboul.
Fosler Architecture is an architecture firm in Portland, Oregon. It was established by its principal architect Steve Fosler in 1989. The firm specializes in new construction and commercial real estate projects.
Contact
Location: 5145 SE McLoughlin Blvd, Portland, OR 97202
Phone Number: 971-219-0933
Email: [email protected]