The Banks Riverfront Apartment Homes is located on a spectacular 6.32-acre site with nearly 700 feet of direct Willamette River frontage in Albany, Oregon. Nestled between Bowman Park and Eads Park, this ground-up development consists of 9 buildings totaling 125,546 sf. The Banks offers 120 market-rate studio, one, two, and three-bedroom units, a waterfront pickle ball court, river-facing oversized patios, and decks, locking outdoor storage closets, extra-large windows, 10-foot third-floor ceilings, and sound-minimization construction elements, and a community clubhouse. The clubhouse features state-of-the-art fitness equipment, meeting room, game room, office, kitchen, and lounge area with a double-sided fireplace enhancing the covered outdoor seating area.
CD Redding, working closely with the entire project team, established a phased occupancy schedule early in preconstruction. This allowed ownership early leasing opportunities as buildings were completed. As buildings were leased, CD Redding worked closely with the on-site management team and fenced off active construction zones from finished occupied areas of the property. With the public in close proximity, CDR made safety a priority. During construction of the final phases, the local team worked hard to minimize any effects construction had on current tenants.

Project Facts

  • Multifamily 6.32 acre site
  • 9 Buildings, 125,546 sq. ft.
  • 120 units plus clubhouse
  • In Albany, OR
  • New construction