The following synopsis is provided by Old Farm’s Landuse Chair, Karon Johnson.

The following three housing applications have been approved:

Along Ferguson, from Magnolia Lane to 27th
PLLD20220466, PLANX20220463

38.24 acre property will be divided into three sections:

  • 8.9 acres RM bordered by Magnolia to the west, Ferguson to the north
    • 138 townhome lots
  • 8.38 acres RH:  Quarterra Multifamily Communities, LLC(formerly North Peak)
    • Project Emblem
    • Will be financed by Tax Increment Financing
    • 264 multi-unit apartments in nine buildings (Ferguson Village)
      • 53 units will be rent-restricted:  13 for families with incomes of 70% of the area median income (AMI), 13 for families with incomes of 80% AMI, 27 for families with incomes of 90% AMI
    • PLSPR20220465, PLLD20250227
      • Clubhouse, pool
      • Four buildings to north of Via Sandia, five buildings to the south
  • 21.1 acres General Commercial

Magnolia Meadows by Hayden Homes
PLANX20230396, PLLD20230395

  • 151 units
    • 103 detached single-family
    • 48 townhomes
  • Hearthstone Lane to the north, Cabin Lane to the west

Verde Pines by United Housing Partners
PLLD20250379

  • 3.93 acres will replace part of the 8-acre commercially-zoned lot on the corner of Knott Rd and 15th Street
  • 128 deed-restricted affordable units within three detached buildings
    • Each unit will be available to families with incomes of 80% of less of the AMI
  • Allowed by ORS 197A.445, which provides that cities shall allow affordable housing in commercial zones

PENDING:  RAINTREE 65 MASTER PLAN​

  • According to the city, an 80-acre concept proposal has been presented at a pre-application meeting, so that the potential developer can consult with planning staff to decide when/if they want to proceed.