| Watershed Grand Opening |
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| Written by Rick Seifert | |
| Wednesday, 09 January 2008 | |
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The building takes its name from its siting, which straddles the divide between the watersheds of Stephens and Fanno Creeks. The $11.65 million building has 51 units with 40 units available to those with incomes at or below 30 percent of median (currently $15,270 per year.) The project also includes a 2,000-square-foot community center. The building's developers, Community Partners for Affordable Housing, is trying to raise money so that it can buy one of two ground-floor commercial condominium spaces in the building. The other space is still available for purchase. The Watershed, designed by William Wilson Architects, has several green-building features including a high-efficiency central hot water boiler, durable building envelope materials, high energy conserving windows, and an innovative heat-recovering ventilation system. Storm water will be detained and pre-treated naturally onsite to help maintain water quality in the Fanno and Stephens creek watersheds. |
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| Last Updated ( Wednesday, 09 January 2008 ) |
The Watershed Senior Housing project will hold its grand opening on Wednesday, January 9, from 3 p.m. to 5 p.m.
