ABOUT
Green Lotus Investments, led by Patels is bringing new life to the The Palms in Portland Oregon. As an inspiration to us, the local community and real estate industry alike, this family-owned property has been used for the last several years to help house the homeless. The multi-family residential development includes 155 units of studio, one bedroom, two bedroom and three bedroom units. The project will follow City of Portland Inclusionary Housing guidelines and will have a mix of both market rate and affordable units.

This 155,000 GSF multi-faceted space that is breathing new life into the city is designed with grid interaction, smart building tech at the customer and utility level and incorporates the most advance environmental, social and governance performance spanning everything from upcycled building materials from demolition to supply chain inclusion and beyond.

STATUS
ESG performance targets set
Reduced interest rate for full loan amortization
Finalized architectural plans
Approved building permit
Demolition and build out 2024

See it come to life czero.pro/Palms