The redevelopment of a full block on the National Register of Historic Places located in Portland’s Pearl District, involves demolition of a non-contributing three-story quarter-block structure and replacement with a new nine-story, mixed-use structure. The two historic buildings, the Cotter and the Bindery, on the remaining three quarters of the block, will be rehabilitated.

The Cotter is a 9-story reinforce concrete warehouse with eloquent brick detailing. The Bindery, or sometimes called the printing building, is a 1 and 2 story office and retail building. The new structure, the Metro, will house a private club including a fitness center, theatre, demonstration kitchen and business center. The amenity spaces will be enjoyed by occupants of all three buildings. The main lobby to the Metro will be the portal to all three buildings.
The combined unit total of all three buildings will be 138 apartments with a mix of studios, one bedroom and two bedroom units.

The project has received approval from the Portland Landmarks Commission and is in the Construction Documents phase.

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