Portland, Oregon, will face a hefty apartment construction schedule over the remainder of 2023. After an extreme lull in new units coming to market that witnessed a decade-low of 522 in the third quarter of 2022, activity has increased in earnest.
Near-Term Oversupply Risks Present for Some Portland Multifamily Submarkets
Construction Starts Beginning To Slow, but Plenty of Units Will Complete Before End of Year
By John Gillem
CoStar Analytics
September 5, 2023 | 7:09 P.M.
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IN THIS ARTICLE
- Properties
- The Press Blocks – Residential Tower
1621 Taylor St, Portland, OR
- Slabtown Square
2070 Quimby St, Portland, OR