Atomic Orchard Experiment

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Proposal Origins


Designed
Portland, OR

Produced
Portland, OR

Located
Portland, OR
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Atomic Orchard Experiment

How can we build a well-designed, community-led building for owner-occupiers, not investors?

Breaking ground in 2020, 86-unit Atomic Orchard Experiment provides 18 deeply affordable housing units through internal-subsidization (no outside subsidy). As with all Portland Oregon-based Guerrilla Development (GD) projects, in addition to smart and adventurous project design, there is a social experiment at work. All owners, including GD, typically receive an 8% cash-on-cash “dividend” in our projects, however, in the case of Atomic, all owners agree to a socially-minded business plan of not fully maximizing the rental potential of the property and accepting a lower, but still modest, 4% cash-on-cash return. With this internal subsidy, 18 units can be rented for only $582 per month. The developer gets their return, the community gets more well-designed affordable housing, and the neighborhood’s essential workers can live close to where they make an impact – win-win-win.

Under Construction
Portland, OR
2020
General Contractor Estimate
N/A - Site Built
Guerrilla Development Co.
kevin@guerrilladev.co
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Prospective Sites

Overview


86 units

86 bedrooms

3 stories
Midrise

14,000 SF
Footprint

35,000
Total SF

350
SF/Occupant

 

Proposal Origins


Designed
Portland, OR

Produced
Portland, OR

Located
Portland, OR

Innovations