The Esther is a multifamily development featuring 125 market rent units over six floors in the urban core. The project will provide 128 on-site, structured parking stalls over two levels. Site amenities include a 6,000 sf courtyard and a fully landscaped muse running between the apartment building and the office building to the east.
Efficiently designed living units will consist of a mix of two bedrooms/two baths, one bedroom/ study and one bedroom/one bath; all with modern finishes. Quality building materials will be used with an emphasis on energy efficiency, seeking LEED certification.
Downtown Vancouver, WA. Vancouver’s urban core has seen a resurgence with nearly $1 billion in new construction and redevelopment projects. The local market is diverse with regentrification of neighboring single family residences, student housing, office, retail and a mix of affordable to luxury multifamily residences. Vancouver has become a tax haven for wealthy residents relocating from Oregon and California. The greater Portland metropolitan area currently has the lowest multifamily vacancy rate in the nation.
The site is situated in the heart of the Vancouver’s downtown core area with 12,000 jobs, Clark College with 16,000 students, the Port of Vancouver with 5,000 jobs and the Fort Vancouver historic district which draws millions of visitors annually. Immediate and adjacent uses include; Esther Short park which hosts numerous outdoor events drawing tens of thousands of visitors, Hilton hotel and convention center, new City Hall, gateway to developing Columbia Waterfront project encompassing three million square feet of office, retail and urban residential and adjacent to Vancouver Farmer's Market.