In 2017, Developers Collaborative (DC) responded to the city of Portland’s request for proposals for the sale and reuse of the former Reed School building and property, and was awarded the project. Located on Homestead Avenue in the Riverton Section, the school has a rich history dating back to its founding in the 1920’s.
Consistent with its philosophy of smart growth development, employing historic tax credits to preserve existing buildings, and projects that build community, DC began Phase One of the restoration project by creating a new space for a pre-school. Children’s Odyssey is a non-profit school for children with learning challenges. A ribbon cutting for its opening took place in 2018.
In 2021, construction commenced on Phase II of the project. The remaining portion of the building will be converted into eight residential units.
In addition to providing new space for Children’s Odyssey and adding much needed housing stock for the city, DC’s recent efforts have also resulted in the Reed School being added to the National Register of Historic Places.