Asian Health & Service Center

 

DEVELOPMENT SCOPE

New construction of a 29,000-square-foot facility for Asian Health & Service Center offices and service programs, plus 4,800 square feet of ground-floor leasable space.


PROJECT OVERVIEW

Asian Health & Service Center (AHSC) has served the Portland-metro area’s Asian community since 1983, providing access to quality health care and acting as the bridge between Asian and American cultures. AHSC’s new 29,000-square-foot facility in outer Southeast Portland’s Lents neighborhood replaces AHSC’s much smaller main office in southeast Portland and serves as a welcoming center for Portland’s diverse Asian communities. The new, customized center has enabled AHSC to expand its intergenerational health and social services, which include culturally sensitive health care, health education, and meals and classes for seniors.

Located in the Lents Town Center urban renewal area, the new AHSC facility brings jobs and capital investment to the Lents community. It also creates a needed gathering space in Lents: the project’s 6,000-square-foot multifunction hall, kitchen, and gathering areas are available for lease to community groups during evening and weekend hours. Furthermore, the ground-floor commercial space provides a home to the Yakima Valley Farmworker Health Clinic.


Creative Solutions

Finance: HDC worked with AHSC’s leadership to create a project financing plan that keeps operating costs affordable to AHSC, a first-time property owner. A $6 million capital campaign, led by AHSC, earned major contributions from Meyer Memorial Trust, FamilyCare Health, and other private donors. HDC helped AHSC assemble additional financing sources including new markets tax credits, tax-increment funds, and a commercial loan.

Design and Construction: HDC worked with AHSC and Holst Architecture to create a building that is beautiful, functional and flexible. Holst’s design incorporates multipurpose rooms for classes and group therapeutic programs, treatment rooms for physical and behavioral health care, and a large multi-function hall. Steel-frame construction enables flexible partitioning of interior space to meet the AHSC’s changing needs over time.

SPONSOR
Asian Health & Service Center

LOCATION
Outer Southeast Portland

HDC ROLE
Financial structuring and construction management

DEVELOPMENT PARTNERS
Holst Architecture
O’Neill/Walsh Community Builders
Sherman Consulting
Portland Development Commission
Colombia Bank/Pacific Continental Bank
Capital One
Community Hospitality Healthcare Services

FUNDING SOURCES
New-markets tax credit equity
Tax increment funds
AHSC capital campaign
Commercial loan

SQUARE FEET
Community Facility: 24,191
Commercial: 4,788
Total: 28,979

COST
Total Development: $16.3 million

TIMELINE
Winter 2014-15 to Summer 2018

 
FACILITYHDCPortland, OR