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City of Lake Oswego Downtown

Block 137 Development (Wizer Block)

Project Background/Summary

The redevelopment of Block 137, often referred to as the Wizer block, has been a high priority project for the LORA Board for a number of years. The project is included in the East End Redevelopment Plan as Project J, and as such, it is eligible for financial assistance using urban renewal funds. In early 2013,  property owner Gene Wizer and his developer, W&K Development, approached LORA for financial support for a new mixed-use development on the site. At the Board’s May meeting, W&K Development Principal Pat Kessi, presented a concept plan for redeveloping Block 137 that included new residential and retail development consistent with Project J in the East End Plan. Based on the proposal, the Board directed staff to negotiate a draft development agreement for the Board’s consideration.

Images at right  are part of the  LU 13-0046 Record as Exhibit E-37.

Project Description

The project will be three separate four- to five-story buildings that will have a total of between 215 and 228 higher-end residential units and between 27,000 and 28,000 square feet of quality retail. The total cost of the project is estimated to be $92.6 million.

Evergreen Group anticipates that approximately one quarter of the residential units will be condominiums and the remaining three quarters will be apartments. This may change based on market conditions. As currently planned, the units will vary in size from 620 square feet for one-bedroom units up to 1,800 square feet for three-bedroom units. The final floor plans may also include some studio units that could be used as executive rental units for visitors.
 
The retail spaces will be located along both A Avenue and 1st Street for active retail uses. These uses must comply with those described in the City’s Development Code as Retail Sales and Food and Beverage Services.
 
The project will have approximately 457 parking spaces on two levels of below grade parking. This includes approximately 322 spaces for the residential component, which is an average of 1.5 spaces per unit. There will be at least 135 parking spaces for public parking. This parking is intended to satisfy the parking requirement for the retail component of the project. The City will lease the 135 spaces to ensure that the project will have public parking. The City will enter into a parking management agreement with the owner of the retail component of the project to ensure the public parking is operated and managed for the benefit of the community and the retail tenants.
The project includes an east-west public walkway between First and Second streets, and a north-south public walkway connecting Evergreen to the east-west walkway.

The project will be designed to a high standard using architecture that will meet both City Code design standards and the community’s design expectations for new development in our downtown. Certain exceptions to the Development Code will be required as part of the development review process. The most notable are: a fifth floor on portions of the development; ground floor residential units along portions of Evergreen Street; and the use of public parking to meet the retail component’s parking requirements. The project as planned will not exceed the 60-foot height limitation in downtown.

Updates

The developer has submitted their Development Review application, and a public hearing has been continued for written comments only to the February 19, 2014 Development Review Commission meeting at 7 pm at City Hall in the Council Chambers.  The deadline for written comments has passed.  The meeting will be broadcast live on Tualatin Valley Community TV Channel 28. The Planning Department will provide additional information on the City's project webpage under the case file number LU 13-0046.

The City Council will only get involved in this project if there is an appeal of the DRC's decision.
 

City of Lake Oswego Oregon Official Website
A Avenue
Corner of First Street and Evergreen
First Street
Second Street
Pedestrian Walkway From First to Second Street

Tax Map

21E03DD08300

ID

RA

Type

Redevelopment Agency Projects

Contact Us

Brant Williams Redevelopment Director 503-635-6138

Status

Active