As proposed, the Block 137 development will:


• Enhance Lake Oswego's village character.


• Be under the City's 60-foot height allowance at 47-58 feet.


• Consist of three separate buildings with upscale residential units.


• Include 8 to 12 local, best in class retail and restaurant offerings.


• Provide approximately 457 underground parking spaces and 210 bike parking spaces, 30 percent more parking than code requires.


• Pursue LEED Platinum certification.


• Create 1,000 to 1,200 construction jobs and 106 to 117 permanent jobs.


• Increase tax revenue, from $50,000 to over an estimated $600,000 in annual property taxes.


• Generate a one-time Construction Excise Tax of almost a quarter of a million dollars for the Lake Oswego School District.





This website was created by supporters of the Block 137 development