12.07.2015 Views

Lincoln High School Redevelopment - Portland State University

Lincoln High School Redevelopment - Portland State University

Lincoln High School Redevelopment - Portland State University

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<strong>Lincoln</strong> <strong>High</strong> <strong>School</strong> <strong>Redevelopment</strong>Conclusion In conclusion, our group’s recommendation takes the previously underutilizedLHS site and transforms it into a stable revenue source that should further benefitall <strong>Portland</strong> Public <strong>School</strong>s, not just the <strong>Lincoln</strong> community.We believe the recommended “hybrid” development option meets our intendedgoals and is the greatest way of taking <strong>Lincoln</strong>’s current educational programand thrusting it into the 21st Century. We have kept LHS in the downtown coreand have aligned it with strategic partners who will add to the rich curriculumof students from LHS and other <strong>Portland</strong> academic programs, the Goose Hollowneighborhood and the greater downtown community. We have opened thissite to community involvement and integration while expanding upon this site’sobvious location advantages. All of these goals can be met without displacingstudents during construction.While the overall real estate market is currently weak, we believe that housingunit mix proposed for the first phase of development is in demand and will likelybe absorbed during the present recessionary times. Subsequent developmentphases, although outlined in our report, remain flexible and can be built to capitalizeon the greatest likely absorption potential as the market recovers.Center for Real Estate • BOMA Development Workshop • Summer 200955

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