In our fair burgh for next year, affordable housing starts are in the pipeline.
For many of these projects, confidentiality rights being what they are for developers, it has not been until now that City officials could go on record. What is emerging according to a report from Corvallis Community Development Director Paul Bilotta, is 1,938 units that will be entering the market soon, or soonish. And we’re talking the mercifully affordable-ish kind as well.
“When we have discussed housing before I have hinted that there was a lot occurring in response to recent code changes that was at a confidential stage, but would soon show you that things were changing in response to regulatory and incentive reforms,” says Bilotta.” There is just a lot of lead time after code changes occur before a developer can finish up their pre-code change pipeline projects, build their new business model, find suitable property and design a project. 2026 is going to be when those code changes become much more apparent in housing production.”
With projects shifting from pre-development confidentiality, Bilotta offers up a now publicly disclosable list what’s in the pipeline.
But before reading that, some context. Over 2024, developers permitted only 83 dwelling units in Corvallis, 55 of them in the single-family category that generally falls outside of the workforce or affordable category. Although, according to Bilotta, 11 of the 55 single family permits were actually affordable in 2024 which is a high percentage, even if small as a numerical value.
Fast forward to now, and you’ll see quite a bit of rental and cottage cluster development in the pipeline, which most experts point to as often falling into the workforce or affordable housing categories. Bilotta also points out that the student housing projects on the docket may help free up units that can become workforce housing.
Upcoming projects in the pipeline according to Bilotta
Affordable:
Spruce Apartments – 1873 NW Division – 50 units
Wishcamper/Prairie View – 2415 SE 3rd – 160 units
3rd Street Commons – 1480 SE 3rd – 47 units of permanent supportive housing
Annex Phase 2 – 410 SW Wake Robin – 168 units
South Town CLT Phases 2 and 3 – 40 units of affordable/workforce home ownership units
Senior:
Like student housing, senior housing tends to open up workforce housing as seniors move out of existing neighborhoods.
Bonaventure Independent Living: 62 units
Bonaventure Assisted Living: 62 units
Bonaventure Memory Care: 27 units
Cottage Cluster:
1105 Buchanan – 21 units
1045 SW 53rd – 25 units (possibly expanding to 29)
2950 NW 9th – 53 units
Apartments:
Gordon Residences – 240 SW 1st – 92 units
Stadium Apartments – 693 SW 15th – 70 units
9th and Cornell – (no assigned address yet) – 73 dwelling units – may expire since developer has not been active on this project recently
6 Story apartment – 2112 NW Polk Ave – 29 units
7 Story apartment – 527 NW 23rd St – 141 units
Timberhill Meadows Phase 2 – 144 units
13 story mixed use – 516 SW 4th – 264 units (this one is dependent on the Council approval of MUPTE financial incentives in early 2026 which is a discretionary Council decision)
7 story – 510 SW 2nd – 197 units
6 story – 2610 SW Western – 213 units
Other upcoming developments
According to Bilotta, this list does not include market rate ownership housing development that is also underway, particularly in the Northwest part of the City off Kings and 29th, and the Fair Oaks area.
He disclosed that Samaritan and an adjacent property owner are seeking to annex some of the last large parcels in the City’s Urban Growth Boundary directly north of the hospital, which will add additional land for the next stage of development. He estimates three to five years in the future as most likely for that annexation and development.
In the Southwest part of the City, Bilotta noted developments like the 20th Street townhomes. He reminded, there have been many annexations in the last year or so in the Southwest, specifically pointing to the 53rd/Brooklane/Nash area as a spot where middle housing is expected to show up in the near future.
He also alluded to development still in the confidential stage. Finally, he said, “The code changes are making a significant difference, as we expected.”
By Hallie Greenberg
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