# US residential real estate development proposals

> Live situation record from CLSTR: https://clstr.news/situations/us-residential-real-estate-development-proposals
> Updated: 2026-08-24T13:00:00.000Z. Sources: 2. Developments: 2.

New residential and mixed-use development proposals have been filed across several US cities.

In Seattle, Phoenix Property submitted a pre-application for the Ravenna Apartments, a $25 million project featuring a six-story, 150-unit complex. Simultaneously, a preliminary application in Palo Alto proposes a seven-story, 98-unit apartment complex at 2181 Park Boulevard, which would necessitate clearing three aging office buildings.

Subsequent developments include a 44-acre Gateway site in Portland, marketed by SVN Imbrie as a $19.99 million shovel-ready assemblage of 31 parcels with completed street infrastructure. In Redwood City, Chengde Capital has submitted a planning application for a 58-unit for-sale townhome development on Charter Street, involving the demolition of existing structures.

## Timeline

### 2026-08-24: Real estate developments announced in Portland and Redwood City

Real estate developments are advancing in Portland with a $19.99 million 44-acre site listing, and in Redwood City with a proposed 58-unit townhome project.

2 sources. https://clstr.news/cluster/real-estate-developments-announced-in-portland-and-redwood-city

### 2026-08-17: Residential development proposals filed in Seattle and Palo Alto

Phoenix Property has filed a $25 million plan for a 150-unit apartment complex in Seattle, while a new proposal in Palo Alto seeks to build a 98-unit, seven-story residential complex.

2 sources. https://clstr.news/cluster/residential-development-proposals-filed-in-seattle-and-palo-alto

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Cite as: US residential real estate development proposals. CLSTR, https://clstr.news/situations/us-residential-real-estate-development-proposals