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Gramor Development Wins Gold at Commercial Property Executive Awards

November 27, 2018

TUALATIN, Ore.--(BUSINESS WIRE)--Nov 27, 2018--Gramor Development Inc., the developer behind The Waterfront Vancouver USA, was honored at this year’s annual Distinguished Achievement Awards presented by Commercial Property Executive. The Waterfront Vancouver received a Gold Award – the program’s highest honor – in the ‘Unbuilt’ category. Since 2010, the awards program has recognized the commercial real estate industry’s most noteworthy properties and transactions, with winners selected by a respected panel of judges representing expertise across commercial real estate disciplines.

This year, awards were presented to developments and projects that enhanced and impacted communities through corporate restructuring and value creation for properties and shareholders. The Waterfront stood out for its magnitude and complexity, particularly the infrastructure improvements, which included the redirection of a railroad, as well as the challenge of connecting the city to the Columbia River for the first time in over a decade. The $1.5 billion master plan includes 3,300 residential units, a luxury hotel, 1.25 million square feet of creative office space and more than 250,000 square feet of ground-floor retail and dining.

Projects up for the Distinguished Achievement Awards spanned major cities across the country and recognized leading organizations in the commercial real estate industry including Cushman & Wakefield, Hudson Pacific Properties, Bellwether Enterprise, PN Hoffman, Madison Marquette and more.

“(The Waterfront) made very good use of the space and air rights that it has, and it’s overall just a very unique structure. It also has very high building standards,” said Jeff Holzmann, managing director at iintoo and judge for Commercial Property Executive’s Distinguished Achievement Awards. “The way that it is integrated into the neighborhood and the community it’s serving was absolutely phenomenal to see.”

For more information on The Waterfront Vancouver USA, visit: https://thewaterfrontvancouverusa.com/.

About Gramor Development, Inc.

Gramor Development specializes in retail and mixed-use developments that are uniquely suited to the surrounding community. Since 1985, Gramor Development has brought to life developments that showcase thoughtful design, high-quality construction and a sense of place. Gramor Development has completed more than 65 developments, valued at nearly $1 billion, throughout the metropolitan Portland and Vancouver areas. Projects include the forthcoming Waterfront Vancouver, a $1.5 billion development spanning 20 city blocks and 32 acres in Vancouver, Wash., and Lake View Village, a mixed-use project that transformed the downtown area of Lake Oswego, Ore., into a beautiful destination adjacent to a city park. The privately held company, led by president Barry Cain, is headquartered in Tualatin, Ore.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181127005749/en/

CONTACT: Molly Ishkanian

503-277-8370,Molly@RWest.com

KEYWORD: UNITED STATES NORTH AMERICA OREGON

INDUSTRY KEYWORD: ARCHITECTURE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: Gramor Development, Inc.

Copyright Business Wire 2018.

PUB: 11/27/2018 01:28 PM/DISC: 11/27/2018 01:28 PM

http://www.businesswire.com/news/home/20181127005749/en

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