The City of Lake Oswego selected UD+P to lead the redevelopment of North Anchor, a 1.07-acre, city-owned site at the heart of downtown. Hotel Almira, an 86-room boutique hotel, is one of the PLAN’s FLAGSHIP PROJECTS.
Hotel Almira will feature a range of publicly accessible amenities, including a 6000 SF thermal spa and ground-floor dining and lounge areas that welcome local residents and visitors from the surrounding neighborhood. The hotel is a centerpiece of North Anchor's broader development plan, which also includes a mixed-use multifamily residential project with 67 apartments and ground-floor retail along B Avenue designed to activate the pedestrian realm.
Named for its strategic location at the north end of downtown's retail and restaurant core, the site sits along B Avenue, a key pedestrian thoroughfare, in close proximity to recent and planned investments including The Windward, Beacon, and Lake View Village. Civic destinations like Lake Oswego City Hall, the Public Library, Millennium Plaza Park, and Foothills Park are all within a 10-minute walk.
UD+P has assembled an experienced team of designers, engineers, and consultants to ensure the project delivers lasting value to the Lake Oswego community and honors the city's development standards, history, and culture through exceptional design.
CURRENT STATUS
The project is in the pre-development stage. We are exploring financing options and refining the amenities program. Hotel Almira is projected to break ground in fall of 2027.
Learn More
Share your contact information to learn more about the project and connect with one of our experienced team members.
Share your contact information to learn more about the project and connect with one of our experienced team members.
Project Team
Developer: Urban Development + Partners
Architect: Hacker Architects
Interior Design Partner: Curioso
General Contractor: R&H Construction
Spa Consultant: Twig
Spa Design: North 45
Structural Engineer: DCI
Civil Engineer: Vega
Landscape Architect: Ground Workshop
Geotechnical Engineer: GRI
Project Features:
75 residences above three floors of commercial space
All residences feature polished concrete floors, gas range, air conditioning, and dishwasher as well as built-in closets with shelves, drawers, and garment rods to maximize storage
Terrace, balcony and patio offerings ranging from 25 to 100 sq ft
Shared resident amenities include fitness studio, game room, outdoor grill, and pet wash station
14 Independent floorplans offer "something for everybody" variance in layouts
Managed locally by UD+P
