Preparing the site for the construction of The Banks apartment complex on Albany’s riverfront produced what may have been a surprise to the builders: They uncovered the opening of an underground void or tunnel.
Neighbors who have followed the construction told me about it, and I went to take look.
This used to be a sand and gravel operation 40 or 50 years ago. According to one longtime neighbor, the tunnel was used with a conveyor system to bring gravel up from the river. How that worked is hard to imagine now. But it apparently allowed the operators to drive equipment above and across the conveyor.
Later the property was used by another company, Permawood, which manufactured roofing tiles. Whether the tunnel was in use then, or covered over and forgotten, I have no idea.
In any case, the builders of The Banks presumably have to demolish the concrete structure and fill it in. You probably can’t build three-story apartment houses on a void in the ground below.
The tunnel was still there on Wednesday afternoon.
The Banks is a development of 120 apartments on about 6 acres fronting on the Willamette River between Bowman Park and Eads Park, at the north end of Geary Street.
The site was cleared of dozens of trees last month, and the builders and developers, led by Robyn and Patrick Morley of Salem, held a groundbreaking ceremony on May 25. The general contractor is CD Redding Construction of Salem. Owen Construction, also of Salem, is preparing the site.
Most of the neighboring property owners had opposed the project. But in a press release about the groundbreaking, the developers quoted Mayor Alex Johnson II as welcoming the addition of 120 dwellings to help mitigate the city’s housing shortage.
The developers expect to open The Banks to tenants in the spring of 2022. (hh)
Well….Surprise! I hope they go in and see what else under that spot might be open and void of solid ground.
Our mayor dreams that this project will mitigate a housing shortage. Fat chance as the rents couldn’t be afforded by a “burger flippers” wages at McDonalds. A damn blight on our waterfront!
If you increase the supply of housing, regardless of pricing, there will be less competition for other units, including single-family homes that those wealthy new residents would have fought for, basic capitalist supply and demand. So, good news for young Albany families (maybe even your children or relatives). Besides, something tells me that if it were social housing you’d be complaining about poor people, crime and whatever, because for people like you there is no winning.
By the way, the current look of the area is everything but beautiful to begin with, unless you like things like this: https://www.google.com/maps/@44.6403602,-123.0913215,3a,75y,91.88h,83.56t/data=!3m6!1e1!3m4!1sXOZ__TfznerFCs3Qb-SL4A!2e0!7i13312!8i6656
Although there is some credence to your opinion with respect to (housing) supply and demand, the link you chose to share is disingenuous in the sense that it is not representative of most of the homes in that area. In fact, the abandoned house your link opens to is not even between Bowman and Eads parks where the development is being built. Pretty sneaky.
Not only that but if you look at the current overview picture its not abandoned anymore.