High Street Residential, the residential subsidiary of Trammell Crow Company, CenterCal Properties, and its investment partner CBRE Global Investors, has commenced construction on the property known as Mercantile Village. The mixed-use project consists of 206 apartments, parking for over 550 cars and 50,000 square feet of destination retail, sitting on over six acres at the primary intersection of Kruse Way and Boones Ferry Road in Lake Oswego. The project is expected to be complete in the summer of 2021 with leasing already underway.
More information: Merc Village Update Q2’19
Construction of a new senior living community started in fall 2017 and is expected to be complete in fall 2019. The Springs is located on the northwest corner of Kruse Way and Boones Ferry Road.
Lakeview Boulevard Realignment
The City is realigning the existing 3-leg intersection at Lakeview Boulevard and Jean Road. Throughout May, Lakeview Boulevard is expected to be closed 24/7 between Jean Road and Belmore Avenue, with a detour in place. Single lane closures are in place along Jean Road between 9 a.m. – 3 p.m. Monday to Friday.
More information: https://www.ci.oswego.or.us/publi…/lakeview-blvd-realignment
2019 Summer Paving Projects
- Lakeview Boulevard, between South Shore Boulevard and Iron Mountain traffic circle
- Lower Boones Ferry Road, between Jean Road and the city limits
Portland Bureau of Environmental Services – Culvert Project
Construction is expected to start in February 2020.
More information: https://www.portlandoregon.gov/bes/64019