Multi-Housing News - October 2008 - (Page 14)

development & design Beautiful Portland’s Mirabella retirement community melds green strategies with great design By Michael Russo, Contributing Editor Vision Does sustainable design make financial sense for developers? On some for-profit projects, the answer may be no. But for owners and operators of largescale multifamily properties, sustainability is becoming a fiscal necessity. Pacific Retirement Services Inc.’s (PRS) Mirabella South Waterfront in Portland, Ore. is a perfect example. In Italian, Mirabella translates to “beautiful vision.” However, the beauty of this project is much more than skin-deep. The planning, design and execution of this West Coast high-rise has actually been lovely to behold. It is also a winner in the Unbuilt category of MHN’s Second Annual Design Excellence Awards. As a sustainable building, Mirabella will have a minimal long-term effect on its environment. Even more attractive is the property’s ability to insulate its owner from escalating energy costs, while earning close to $1.5 million in tax credits and other financial “rebates” in the form of system development charges and other up-front fees. Developer PRS and local design partner Ankrom Moisan Architects are aiming for LEED (Leadership in Energy and Environmental Design) Platinum Certification. Considering the company’s track record, this milestone should be a given. Big player in a niche market Medford, Ore.-based PRS was formed in 1991. However, its development and operating experience in the continuing care retirement community (CCRC) segment dates back to 1955 with the creation of Rogue Valley Manor in Medford. This CCRC was sponsored by a faith-based ecumenical community group that saw the need to care for the elderly. This led to the formation of a nonprofit corporation, which purchased 16 acres on 14 October 2008 | Multi-Housing News | Producer of Multi-Housing World

Table of Contents for the Digital Edition of Multi-Housing News - October 2008

Multi-Housing News - October 2008
Contents
From the Editor
MHN TV Premieres
Market Pulse
Special Report: MHN 2008 Design Awards
Development & Design: Mirabella
Market Report: Chicago, Kansas City
Property Management: Tracking Residents’ Tech Wish Lists
Finance: Freddie Mac/Fannie Mae
Tech Report: Marketing Web sites
Products: Appliances

Multi-Housing News - October 2008

Multi-Housing News - October 2008 - Multi-Housing News - October 2008 (Page Cover1)
Multi-Housing News - October 2008 - Multi-Housing News - October 2008 (Page Cover2)
Multi-Housing News - October 2008 - Contents (Page 3)
Multi-Housing News - October 2008 - Contents (Page 4)
Multi-Housing News - October 2008 - Contents (Page 5)
Multi-Housing News - October 2008 - From the Editor (Page 6)
Multi-Housing News - October 2008 - From the Editor (Page 7)
Multi-Housing News - October 2008 - MHN TV Premieres (Page 8)
Multi-Housing News - October 2008 - MHN TV Premieres (Page 9)
Multi-Housing News - October 2008 - Market Pulse (Page 10)
Multi-Housing News - October 2008 - Market Pulse (Page 11)
Multi-Housing News - October 2008 - Special Report: MHN 2008 Design Awards (Page 12)
Multi-Housing News - October 2008 - Special Report: MHN 2008 Design Awards (Page 13)
Multi-Housing News - October 2008 - Development & Design: Mirabella (Page 14)
Multi-Housing News - October 2008 - Development & Design: Mirabella (Page 15)
Multi-Housing News - October 2008 - Development & Design: Mirabella (Page 16)
Multi-Housing News - October 2008 - Development & Design: Mirabella (Page 17)
Multi-Housing News - October 2008 - Development & Design: Mirabella (Page 18)
Multi-Housing News - October 2008 - Development & Design: Mirabella (Page 19)
Multi-Housing News - October 2008 - Market Report: Chicago, Kansas City (Page 20)
Multi-Housing News - October 2008 - Market Report: Chicago, Kansas City (Page 21)
Multi-Housing News - October 2008 - Market Report: Chicago, Kansas City (Page 22)
Multi-Housing News - October 2008 - Market Report: Chicago, Kansas City (Page 23)
Multi-Housing News - October 2008 - Property Management: Tracking Residents’ Tech Wish Lists (Page 24)
Multi-Housing News - October 2008 - Property Management: Tracking Residents’ Tech Wish Lists (Page 25)
Multi-Housing News - October 2008 - Property Management: Tracking Residents’ Tech Wish Lists (Page 26)
Multi-Housing News - October 2008 - Property Management: Tracking Residents’ Tech Wish Lists (Page 27)
Multi-Housing News - October 2008 - Finance: Freddie Mac/Fannie Mae (Page 28)
Multi-Housing News - October 2008 - Finance: Freddie Mac/Fannie Mae (Page 29)
Multi-Housing News - October 2008 - Finance: Freddie Mac/Fannie Mae (Page 30)
Multi-Housing News - October 2008 - Finance: Freddie Mac/Fannie Mae (Page 31)
Multi-Housing News - October 2008 - Tech Report: Marketing Web sites (Page 32)
Multi-Housing News - October 2008 - Tech Report: Marketing Web sites (Page 33)
Multi-Housing News - October 2008 - Products: Appliances (Page 34)
Multi-Housing News - October 2008 - Products: Appliances (Page Cover3)
Multi-Housing News - October 2008 - Products: Appliances (Page Cover4)
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