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More student housing

3/2/2010: From Diane Dietz in the RG:

A Portland developer building a $12 million apartment near the Matthew Knight Arena means to make the east campus — as opposed to the west campus strip — the nexus of university life. Cody’s project — with 172 student bedrooms — is immediately behind the Franklin Avenue Market of Choice. When the building opens in September, the only thing between the student residents and the new Matthew Knight Arena will be the Villard Street Pub.

The target market for Courtside will be students with modern urban lifestyles with a twist of environmental chic — and who can afford $667 to $685 for a room in a three- or four-bedroom apartment.

Sounds like a good project, but it does shift more life away from downtown, and 172 rooms and only 35 parking spaces is going to be a problem.

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