Beneficial State Bank, Albina Mull Mixed Use Building

Portland Business Journal
Thursday, January 22, 2015

Beneficial State Bank is planning construction of a new 11-story mixed-use building built with both environment and community in mind. The building will contain branches of both Beneficial State Bank and Albina Community Bank. The proposal will also provide space for B-corps—socially responsible companies that pursue social mission alongside profit. Many of the units would be set aside as affordable housing. "Our mission would be to have a high proportion for the housing be affordable, if not all of it," said Beneficial State CEO Kat Taylor. "We're still gathering stakeholders. We'll have a big input process. But we own the site and I think we have in terms of impact a really high-quality product to offer."