Foundry Lofts

Opportunity Snapshot

Foundry Lofts

Portland, OR

Warehouse conversion with courtyard light wells, mixed income units, and retained steel trusses.

Use

Adaptive reuse

Area

42,000 sq ft

Value after

$8.6M

Upside

68.4%

Opportunity Score

Excellent redevelopment signal

84

Buildable SF

42,000 sq ft

Mock estimate

Zoning signal

M1-5 / R7A

Redevelopment possible

Best use

Residential loft conversion with shared amenities, courtyard light, and retained industrial character.

AI recommendation

Projected value

$24.1M

Scenario placeholder

Site summary

Structurally expressive industrial shell with aging envelope systems and strong adaptive reuse potential.

AI insights

Underutilized relative to surrounding parcels

Strong adaptive reuse and tenant repositioning potential

Best next move is scenario testing before design spend

Development scenarios

Industrial + Commercial

14.2%

SF

440k

Value

$20.3M

Risk

Low

Mixed-Use Retail

18.7%

SF

412k

Value

$24.1M

Risk

Med

Office + Retail

16.1%

SF

398k

Value

$21.6M

Risk

Med