Planned $ 70million apartment complex in Medford – Medford News, Weather, Sports, Breaking News

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Courtesy Photo Creations Northwest is in the process of completing a 156 unit apartment building in Madras that is similar in design to the one proposed in Medford.

Courtesy Photo Creations Northwest is in the process of completing a 156 unit apartment building in Madras that is similar in design to the one proposed in Medford.

The housing shortage in Medford could get much needed relief with a plan to build up to 400 apartments next to the Northgate Marketplace.

“We aim to ensure that the average household can afford it,” said Blake Gesik, chief investment officer for Creations Northwest LLC.

His company offers a complex comprised of mostly one and two bedroom units on a 14-acre property off McAndrews Road, adjacent to the mall that contains REI, Dick’s Sporting Goods, Trader Joe’s and other retailers.

The three-story lift-less apartments would also have a swimming pool and clubhouse.

Gesik said the total construction cost would likely reach around $ 70 million.

If Creations Northwest can work out all the details, it hopes to start building the first phase of the two-phase project around the second half of 2022. Full construction is not expected until 2025 or 2026, Gesik said.

“The goal is to build more than 200 units in the first phase,” he said.

Creations Northwest has built other projects in Salem, Bend, the Portland suburbs and Idaho.

The company is currently in the process of completing a 156 unit apartment building in Madras that is similar in design to the one proposed in Medford. Phase two of this project, which will include townhouses, will begin soon.

Gesik said his company has built more than 1,000 units over the past decade.

Creations Northwest submitted a pre-bid proposal to the city, and Gesik said the company is still working on the infrastructure plans for the project before submitting full bid documents.

Medford apartments would be built for median income households and the lowest rent would be around $ 1,200 per month, Gesik said.

For many years, the city hoped to attract an apartment complex next to the Northgate Marketplace, which has a number of popular stores. The original proposal for the site was a project called Alba Village, but it never took off. Instead, the property changed hands and was used to create 80,900 square feet of stores such as Petco and Ulta in 2012.

The new development would be built just south of the shopping complex and is roughly bounded by McAndrews Road, North Central Avenue and Court Street.

The first phase of the project would be built east of Cottage Street, which leads to the mall roundabout.

The second phase would be built west of Cottage.

Most apartment complexes built by Northwest Creations have three floors, which saves the cost of elevators.

Medford needs all types of housing, including low and middle income housing.

Another social housing project is under consideration on Central Avenue next to Les Schwab.

The board of directors of the Medford Urban Renewal Agency has entered into negotiations with Rubicon Investments of Medford, which has partnered with Portland-based Edlen and Company for the project.

In 2019, MURA bought a warehouse and the surrounding 3.25 acres for $ 1.75 million in hopes of attracting a developer to build affordable housing.

If the two projects come together, they would add more than 500 housing units to Medford.

Matt Brinkley, planning director for Medford, said an apartment complex next to the Northgate Marketplace has been on the city’s wish list for some time.

“I understand they are quite anxious to start,” he said.

Contact freelance writer Damian Mann at [email protected]

Watch KTVL News 10 at 6 p.m. Monday for in-depth coverage of how hobby shops have helped reshape downtown Medford.

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