Naito Development http://www.naitodevelopment.com Naito Development LLC - Commercial Real Estate Development Thu, 03 Mar 2016 19:11:17 +0000 en-US hourly 1 The Grove Hotel http://www.naitodevelopment.com/grove-hotel/ Thu, 04 Sep 2014 19:07:54 +0000 http://www.naitodevelopment.com/?p=698 The Grove Hotel will be a boutique hotel in the heart of Portland’s Old Town / Chinatown Neighborhood.  Naito Development, Eagle Point Hotel Partners and Filament Hospitality were selected by the Portland Development Commission in 2014 to renovate the 28,000 square foot building, which was originally constructed in 1904. The team is planning a new & unique hospitality concept for the property. www.grovehotelportland.com

 

 

 

 

 

Project Description

 

Location:          Portland, Oregon

 

Owner:              Grove Hotel Partners LLC

 

Developer:        Naito Development LLC, Eagle Point Hotel Partners LLC and Filament Hospitality LLC

 

Completion:      In development

 

Project cost:     Unannounced

 

Program:          A unique boutique hotel located in the heart of Portland’s Old Town / Chinatown

 

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The Lodge at Columbia Point http://www.naitodevelopment.com/columbia-point/ Thu, 04 Sep 2014 18:52:00 +0000 http://www.naitodevelopment.com/?p=689 The Lodge at Columbia Point will be a riverfront, 82-room, upscale boutique hotel in Richland, Washington; the fourth largest metropolitan area in Washington state (Tri-Cities). Though the Tri-Cites markets itself as the Heart Washington Wine Country®, with more than 160 wineries located within 50 mile radius, it currently has no upscale lodging properties. Due in part to long term investments by the federal government, the community is thriving economically.  Benton County has the third highest median household income in the state.

Columbia Point is an exceptional, two-acre riverfront site located on the south bank of the Columbia River, approximately three miles from the city center. The site has good visibility and convenient access from I-182 as it passes over the Columbia River approximately ½ mile to the south and enjoys more than 300 days of sunshine every year

The three-story, 82-room Lodge will be the most upscale lodging product in the Tri-Cities area. Catering to both business and leisure travelers, the hotel’s freeway visibility, waterfront location, and on-property amenities assure its competitive positioning.

 

Project Description

 

Location:          Richland, Washington

 

Owner:              Columbia Point Hospitality LLC

 

Developer:        Naito Development LLC & Escape Lodging LLC

 

Completion:      In development

 

Project cost:     $14 million

 

Program:          An 82-Room Boutique Hotel located on the Columbia River

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Grove Hotel Redevelopment http://www.naitodevelopment.com/grove-hotel-2014-05-15/ Thu, 15 May 2014 20:07:56 +0000 http://www.naitodevelopment.com/?p=678 The Grove Hotel is back on the market

(Picture courtesy of Andrew Theen/The Oregonian)

The Portland Development Commission has selected Naito Development, Eagle Point Hotel Partners, and Filament Hospitality to renovate the historic Grove Hotel, in downtown Portland, Oregon. Naito Development is grateful for the opportunity, and excited to begin work on this exceptional hospitality project.

Read more here.

 

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Richland Boutique Hotel http://www.naitodevelopment.com/richland-boutique-2014-04-01/ Tue, 01 Apr 2014 19:56:15 +0000 http://www.naitodevelopment.com/?p=674 April, 1 2014

Escape Lodging Hotel

Naito Development and Escape Lodging have entered into exclusive negotiations with the City of Richland, Washington to build an upscale, waterfront boutique hotel at Columbia Point.

Read more here

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A private lift for public spaces http://www.naitodevelopment.com/a-private-lift-for-public-spaces/ Fri, 10 Aug 2012 17:13:30 +0000 http://www.naitodevelopment.com/?p=580

via oregonlive.com

Published: Thursday, August 09, 2012, 5:59 PM     Updated: Thursday, August 09, 2012, 11:06 PM

As anyone who has been to the Keller Auditorium in downtown Portland knows, the boxy building may bore but the fountains across the street rock. Sheets of water roll off cascading concrete blocks into a pool at the base, as if the hard surfaces played to some ancient rhythm and as if the natural world itself had crept in to disrupt urban order. Care for a dip, anyone?

Yes: twice. That’s what the late landscape architect Lawrence Halprin had in mind in designing the Forecourt Fountains, now known as the Ira Keller Fountain for the man who championed Halprin’s work and who dared his own Portland Development Commission to stretch its imagination in the urban renewal-crazy 1960s.

But time, depleted city budgets, shifting development priorities and a new generation of Portlanders unaware of Halprin’s work have taken a hard toll. The Keller Fountain, despite an overhaul in the 1990s, suffers for proper maintenance.

Less visible are Halprin’s precursor spaces to the Keller Fountain — the Source Fountain, Lovejoy Fountain and Pettygrove Park. All are situated nearby, walkable to the south along Southwest Third and Second avenues. And they, especially, have fallen into disrepair. Yet together the four Halprin installations form an uncommon sequence: urban spaces informed by nature — as if they were their own watershed — and one in their attempt to engage people in play and contemplation.

On a good day, the Halprin parks still succeed on those counts. And while they look a bit frayed, they are credited internationally with changing the conception of what’s architecturally possible in cities.

But fame, perhaps more so when it’s elsewhere, never paid bills. And upkeep for the parks stymies three cash-short city bureaus — parks, transportation and water.

That’s where several Portlanders have stepped up to make the difference. Among them are developer John Russell, whose building at 200 Market St. is situated next door to Pettygrove Park; developer Bob Naito; and The Oregonian’s former architecture critic, Randy Gragg. All worry about not only the condition of the parks but the values of surrounding properties.

Gragg years ago spearheaded the formation of the nonprofit Lawrence Halprin Landscape Conservancy, whose sole purpose was and is to find the money to fix and maintain the parks. The thinking is plain though nobody quite says it: If Rome assures that the Trevi Fountain and Piazza Navona endure, then why can’t Portland find a way to safeguard its best publicly shared treasures?

The conservancy has logged nearly $2 million in needed repairs at the four sites. Russell has pledged $200,000 and already engaged in tree-pruning and lawn-rebuilding. Others, among them Greg Goodman, are contributors. The city’s recent clearance to the conservancy — that it provide the added layer of maintenance it cannot — clears the way for things to really start happening.

But the let’s-just-get-it-done ethic is no stranger here. Years ago the Pittock Mansion, in its perch overlooking the city, was at risk. The city bought the property in a spasm to save it. But it took private citizens who formed a nonprofit corporation to raise money for the Pittock’s overhaul, upkeep and management. That’s why the mansion is such a tidy, flourishing place today — not to mention the venue Portlanders like to show off to out-of-towners.

Portland’s commissioner of parks, Nick Fish, effuses over the private push to restore and oversee the Halprin sequence. “It’s the next big thing in our system,” he says. “We provide only a baseline of services, and unless highly motivated citizens step up, we just can’t take on (all the repairs).”

The sentiment is clear-eyed in a time of fewer public dollars. It embraces the public-private partnerships that will increasingly make the difference as public budgets are stretched and as citizens reclaim responsibility for shared assets.

And good things tend to be shared. At the opening in June 1970 of what is now Ira Keller Fountain, a formally attired Halprin told a free-form, anti-war, post-Kent State gathering: “As you play in this garden, please try to remember we’re all in this together.” And then he jumped, fully suited, into the pool beneath the falls.

Thankfully, that seems to be what any number of private citizens are doing to save his work.

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Portland nonprofit pays for private contractors to refresh historic parks http://www.naitodevelopment.com/portland-nonprofit-pays-for-private-contractors-to-refresh-historic-parks/ Mon, 06 Aug 2012 20:00:08 +0000 http://www.naitodevelopment.com/?p=584 via oregonlive.com

Published: Monday, August 06, 2012, 5:44 PM     Updated: Monday, August 06, 2012, 6:37 PM

The grass at downtown Portland’s Pettygrove Park is green for the first time in years thanks to an unusual partnership.

After years of lobbying, a group of developers persuaded the Portland City Council to let their nonprofit tend to a string of park spaces created by the late renowned architect Lawrence Halprin: Pettygrove, Keller Fountain Park and Lovejoy Fountain Park, plus Source Fountain.

Normally, city-employed union workers must do parks maintenance. But the developers — John Russell and Bob Naito among them — argued that the Halprin parks are works of art in need of specialized care that regular maintenance workers can’t provide.

The City Council finally agreed, signing a contract with the nonprofit Halprin Landscape Conservancy last year. Now Russell and the conservancy, in addition to working to revive public interest in the Halprin parks, can raise money and hire outside contractors to help maintain the parks. Work got under way at Pettygrove a few weeks ago and will begin at Lovejoy Fountain Park next spring.

In coming years, the conservancy plans to establish an endowment to take care of the sites. It has raised $200,000 so far. The group’s contract with the city runs indefinitely, but city officials can cancel it any time.

Last spring, the conservancy drew up detailed plans for $1.5 million to $2 million in repairs at the four sites. Repairs — ranked from urgent to low priority — include everything from fixing cracked concrete to replacing lighting.

“We’ll help to maintain them above and beyond what the city is able to provide,” said Marcy McInelly, the conservancy’s chairwoman. “These parks are a modernist legacy.”

The parks, plazas and fountains span eight blocks of downtown and are connected by shaded promenades. They are quiet yet urban, similar to Halprin’s other work, including the Franklin Delano Roosevelt Memorial in Washington, D.C.

Not everyone likes the agreement to fix the parks. Richard Beetle, business manager of Laborers Local 483, which represents parks maintenance workers, filed an unsuccessful grievance over a 2009 deal that allowed Russell to hire outside contractors to prune trees at Pettygrove Park. He recently filed a grievance protesting the new outside hiring at Pettygrove, too.

“That’s our work,” he said.

But city Commissioner Nick Fish, who oversees the Portland Parks Bureau, said union work isn’t being taken away. Given his bureau’s shrinking budget, he said, the work at Pettygrove, Keller Fountain and the other sites wouldn’t happen without the conservancy. He added that such partnerships are part of a national trend.

“We could not maintain the gold-medal system we do without these private-public partnerships,” Fish said. “We just haven’t had the money to make the investment of maintenance we wanted to” for the Halprin parks.

Portland parks receive volunteer hours and money from about 120 friend and nonprofit groups. The Halprin Landscape Conservancy, though, is among the few groups authorized to draw up plans and pay for its own contractors semi-independently. The Portland Japanese Garden and Pioneer Courthouse Square are maintained under a similar structure.

Reaching agreement wasn’t easy, though. Russell said it took him 18 months to persuade the city to let him bring in workers to prune the trees at Pettygrove, which is next to his 200 Market St. building.

He sees maintaining the Halprin parks, built in the 1960s and early ’70s, as a way to keep up his own property values — and protect what he sees as high art. On a recent walk though Pettygrove, he pointed to broken concrete, trees that need pruning or removal, and berms abused by dirt bikers.

“In desperation, I said I’d fix Pettygrove myself,” he said. “But the city wouldn’t accept my free gifts.”

Naito, who walks through Lovejoy Fountain Park to his office on Southwest Harrison Street every day, had a similar experience. In 2009, he found 3 feet of water in a basement vault at his building because of a clogged storm drain system at the park. After initial resistance, he persuaded the city to let him hire contractors to fix the drains.

The value of the parks can’t be overstated, said Randy Gragg, a board member with the Halprin conservancy and editor of the 2009 book “Where the Revolution Began: Lawrence and Anna Halprin and the Reinvention of Public Space.”

“Halprin changed the game for urban landscape architecture here,” said Gragg, also the former architecture critic for The Oregonian. “A park and a plaza and a sculpture were three different things in the history of American design — until he built this.”

Now, the conservancy’s agreement with the city will enable it to help protect the legacy of Halprin, who died in 2009.

“We’re taking a longer and wider view of the whole thing,” Gragg said. “The conservancy enables Halprin’s vision to take a big step forward.”

— Chase G. Hall

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One Waterfront Place http://www.naitodevelopment.com/one-waterfront-place/ http://www.naitodevelopment.com/one-waterfront-place/#respond Sun, 02 Jan 2011 12:00:07 +0000 http://www.naitodevelopment.com/?p=41 One Waterfront Place is located on NW Naito Parkway between the Willamette River and Portland’s thriving River District. Designed by BOORA Architects to the demanding standards of the USGBC’s Platinum Certification, this 270,000 square foot office building will provide a high performance workplace that increases employee comfort, is sensible, cost-effective and socially responsible—all while using 50% less energy than most competing buildings. One Waterfront Place is the first LEED Platinum precertified project on the West Coast.

 

 

 

Building Features

• Platinum-level precertification by the US Green building Council’s (USGBC) LEED® for Core & Shell program (LEED-CS).
• Ideal solar orientation combined with ultra high efficiency glazing.
• Maximum energy efficiency, individual tenant HVAC controls and superior indoor air quality.
• Raised access floor system on every office floor.
• 360° views of the city skyline, river and mountains
• Willamette River protected from storm water runoff – rainwater is filtered and absorbed through bioswales and ecoroofs
• Suburban parking ratios combined with excellent access to transit.
• Secure bicycle parking, locker rooms and showers.
• New pedestrian bridge connecting to the Pearl District restaurants, retail shops, streetcar, housing and parks.

Project Description

Location: River District, Portland Oregon

Owner: One Waterfront Place LLC

Developers: Jim Winkler and Bob Naito

Completion: In development

Project cost: $102 million

Program: Twelve-story, 270,000 square foot Class A office building and 540 car parking structure

Architect: BOORA Architects, Inc.

Contractor: R & H Construction Company.

Leasing: Melvin Mark Brokerage Company

Project Website: www.onewaterfrontplace.com

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Nichols Landing http://www.naitodevelopment.com/nichols-landing/ http://www.naitodevelopment.com/nichols-landing/#respond Sat, 01 Jan 2011 12:00:12 +0000 http://www.naitodevelopment.com/?p=63 The town of Hood River Oregon is located 60 miles east of Portland on Interstate 84 in the heart of the Columbia River Gorge Scenic Area.  The area is rich in natural resources with agriculture, timber and recreation as the major sources of economic activity.  Fruit grown in the Hood River Valley is of such exceptional quality that the county leads the world in Anjou pear production.  Cultural and recreational activities abound including windsurfing, kiteboarding, scenic parks, mountain bike trails, fishing, camping, whitewater rafting, year-round skiing and snow boarding, historic tours, festivals, museums and art, cultural and civic organizations.  The climate in Hood River is mild with less than half the annual rainfall of Portland.

Nichols Landing is located on an embayment of the Columbia River within walking distance of downtown Hood River.  The end of the spit separating the property from the mouth of the Hood River provides some of the best kiteboarding on the Columbia.  The launch site for the windsurfers is immediately west of the basin.

The four-story, 88-room Hampton Inn & Suites will be the first new hotel to be built in Hood River since 1997.  Catering to both the business and leisure traveller, the hotel’s freeway visibility, waterfront location, on-property amenities, access to downtown shopping and restaurants, coupled with Hilton’s worldwide sales and marketing, assure its competitive positioning. Entrepreneur magazine has ranked Hampton the #1 franchise in the world annually since 2011.

A mixed-use 20,000 square foot, commercial building will contain a restaurant & bar, retail and office space.

Project Description

 

Location:          Hood River, Oregon

 

Owner:               NBW Hood River LLC

 

Developer:        Naito Development LLC

 

Completion:      In development

 

Project cost:     $15 million

 

Program:          88-Room Hampton Inn & Suites and 20,000 square feet of commercial space located on an open cove to the Columbia River within walking distance of downtown Hood River.

 

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150 Harrison http://www.naitodevelopment.com/150-harrison/ http://www.naitodevelopment.com/150-harrison/#respond Thu, 01 Jan 2009 12:00:47 +0000 http://www.naitodevelopment.com/?p=67 Built in 1966, this small office building is situated on grade above a full-block, three-story parking structure. The building was designed in the International Style by Skidmore Owings & Merrill to provide retail space above parking for the adjacent 504-unit apartment towers. The Portland Center was the cornerstone of Portland’s first urban renewal project, the South Auditorium Urban Renewal District.

The building is located on the Portland Streetcar line and within two blocks of the Portland Transit Mall and Max Light Rail. It fronts on the Lovejoy Fountain, part of the internationally recognized Portland Open Space Sequence designed by Lawrence Halperin.

In March 2009, the property was acquired to house Tarlow Naito & Summers LLP and Naito Development LLC. The balance of the office space would be leased to general office tenants. The first tenants moved into the completed building in November 2009.

Working with the architects and engineers, an analysis was performed to evaluate the costs and benefits of LEED certification. The existing building envelope had no roof insulation and the exterior walls were comprised almost entirely of floor-to-ceiling glass – most of which was single-pane. The existing mechanical units and roof had remaining lives of 10-15 years. The analysis demonstrated that the building could achieve an over 50% energy savings and that LEED Platinum certification was not only achievable, but made overall financial sense.

The 150 Harrison Building offers all of the sustainability benefits of a new LEED Platinum Class A office building at less than two-thirds the rental rate.

The LEED Platinum features included a sophisticated HVAC system with 100% outside-air-economizers, CO2 monitoring and heat recovery systems. The single-pane glazing was replaced with thermal-pane units. Rigid insulation was installed under a new roof membrane.

The leaking concrete courtyard deck was replaced with a new waterproof membrane and drainage system with a decomposed granite surface and Corten steel planters.

Building amenities include a shared conference room and coffee bar located in a pavilion off the courtyard. Parking is available 24/7 (secured after business hours) and the building entries and common areas are controlled by a card access system.

 

Project Description

 

Location:           South Auditorium Urban Renewal District, Portland, Oregon

 

Owner:               Harrison & First LLC

 

Developer:        Naito Development LLC

 

Completion:      2009

 

Project cost:      $3.6 million

 

Program:         LEED Platinum rehabilitation of 19,000 square foot office building originally constructed in the 1960’s as part of the Portland Center urban renewal project.

 

Architect:       Surround Architecture Inc.

 

Contractor:    R&H Construction Company

 

Financing:     Self-Financed

 

Energy            Oregon Business Energy Tax Credits

Incentives:   Energy Trust of Oregon Grants

Federal Energy Tax Credits

Federal Section 179D Energy Efficient Building Depreciation

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NW Regional Reentry Center http://www.naitodevelopment.com/northwest-regional-reentry-center/ http://www.naitodevelopment.com/northwest-regional-reentry-center/#respond Sat, 01 Jan 2005 12:00:51 +0000 http://www.naitodevelopment.com/?p=161 The Northwest Regional Re-entry Center (NWRRC) is a non-profit organization that provides correctional services to the Federal Bureau of Prisons, United States Probation Department, and United States Pre-Trial Services. The NWRRC houses up to 125 federal correctional residents who are in transition from incarceration, serving sanctions for probation violations, or who are awaiting adjudication of federal charges. NWRRC, formerly the Oregon Halfway House, has been in operation since 1976.

In 2004, Naito Development partnered with the owner of the existing office building to convert the building into a residential facility and lease it to the NWRRC in a long-term net lease.

The project was completed on budget and schedule and the first residents moved to the facility in January 2005.  Naito Development served as the developer and is the managing member and an equity investor in the project.

Project Description

Location:                  Portland,Oregon

Owner:                       OHH LLC

Developer:                Naito Development LLC

Completion:              2005

Project cost:              $6 million

Program:               A build-to-suit 125-bed detention facility (work-release) for federal prisoners net leased to the Northwest Regional Re-Entry Center, a 501(c)3 not-for-profit.

Architect:                           Waterleaf Architecture

General Contractor:        R & H Construction Co.

Construction Financing:     ShoreBank Pacific

Permanent Financing:        Bank of the West

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