Seneca proposal: 200 housing units in Southeast Portland

Seneca Development plans a two-phase project in SE Portland, transforming a former Rite Aid site into at least 200 apartments with ground-floor retail. Phase one includes 120 units, phase two adds 80-90 more by 2027. The project complies with Portland’s inclusionary housing program, offering 10% affordable units. Construction starts in spring 2026, costing about $50 million, aiming to address the city's housing shortage.