Urban Development + Partners
Urban Development + Partners is a Portland-based private real estate developer founded in 2006 that acquires, develops, and manages urban transit-oriented housing, cohousing communities, and mixed-use properties across Oregon, California, and Washington, serving residential tenants, capital partners, and formed cohousing groups.
- Company typePrivate
- Founded2006
- HeadquartersPortland, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Urban Development + Partners does
Urban Development + Partners (UD+P) is a Portland, Oregon-based private real estate acquisition and development company founded in 2006 that develops, owns, and manages urban, transit-oriented housing, mixed-use commercial properties, and cohousing communities across Oregon, California, and Washington. Its portfolio comprises over 20 completed developments spanning more than 1,500 residential units (multifamily apartments such as Jute, Slate, Àlmr, Lyra, Cassi, and Fairmount, plus cohousing communities including PDX Commons, Adams Creek, River Song, Washington Commons, and Haystack Heights), office buildings (District Office, a CLT-constructed project; Coffee Warehouse; Overland Warehouse; Framework), and a 57-room adaptive-reuse boutique hotel (Hotel Grand Stark). The firm emphasizes sustainable design — multiple LEED Platinum and Gold certifications, Cross-Laminated Timber construction, seismic retrofitting of historic structures, and National Register preservation — alongside transit-oriented site selection.
UD+P generates revenue through a vertically integrated model spanning development fees, capital partner investment syndications (private offerings via an AppFolio investor portal), ongoing property management through its CloudTen subsidiary (leasing, maintenance, and tenant relations for all portfolio assets), commercial lease revenue from ground-floor retail and office space, hotel operations, and cohousing development services that include site acquisition, permitting, construction management, and member enrollment. Pricing for private investment offerings is not publicly disclosed; residential and commercial lease pricing is available through direct inquiry with property-specific leasing contacts.
The company sells to three primary customer segments: residential tenants (long-tail, served via direct leasing through CloudTen), capital partners (accredited investors in private real estate offerings structured so investor returns are directly linked to project outcomes), and cohousing communities (formed resident groups seeking development partners, guided from site selection through construction). Commercial tenants — including Snow Peak (US HQ at The George), Hacker Architects, Spaces coworking, Revant Optics, Salt and Straw, and Saint Honoré Boulangerie — provide additional diversified income. UD+P's go-to-market is relationship-driven, leveraging cohousing thought leaders (Katie McCamant, Shelly Parks, Coho US), architectural partners (Works Progress Architecture, GBD Architects, Emerick Architects, McCamant & Durrett), joint venture relationships (Beam Development), and a new distressed asset fund launched in 2025 targeting Portland and Sacramento.
Urban Development + Partners firmographics
Firmographics- Name
- Urban Development + Partners
- Legal name
- Urban Development Partners
- Website
- https://udplp.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Urban Development + Partners is a Portland-based private real estate developer founded in 2006 that acquires, develops, and manages urban transit-oriented housing, cohousing communities, and mixed-use properties across Oregon, California, and Washington, serving residential tenants, capital partners, and formed cohousing groups.
- Ownership category
- akta.pro rank
Urban Development + Partners industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Lessors of Residential Buildings and Dwellings (53111), Residential Property Managers (531311), Nonresidential Property Managers (531312)
- SIC
- Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532), Lessors Of Real Property, Nec (6519)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
Keywords
Where Urban Development + Partners is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Urban Development + Partners business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Real Estate Development Fees: Development fees earned from managing projects through entitlement, design, finance, construction and management phases.
- Capital Partner Investment Syndications: Private investment offerings where capital partners invest in UD+P developments. Success directly linked to project outcomes.
- Property Management: Ongoing property management through CloudTen subsidiary, leasing residential and commercial spaces.
- Commercial Lease Revenue: Ground-floor retail, office space, and rooftop event venue leasing at properties like 1201 J Street, Slate, and Hotel Grand Stark.
- Hotel Operations: Hotel Grand Stark with 57 rooms and ground-floor restaurant/bar operations.
- Residential Lease Revenue: Multi-family residential leasing across portfolio including Àlmr (57 units), Cassi (34 units), Lyra (39 units), Fairmount (80 units), Slate (75 units), Jute (132 units), and others.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Private Investment Offerings - Capital Partner Program |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Urban Development + Partners product offering
Product offeringCore offering
Urban Development + Partners (UD+P) is a vertically integrated real estate acquisition, development, and property management company founded in 2006 that builds and holds urban, transit-oriented mixed-use housing and cohousing communities across the West Coast. The company manages the full project lifecycle from entitlement, design, and finance through construction and ongoing operations, and operates a property management subsidiary (CloudTen) that leases residential units, commercial space, and operates a 57-room boutique hotel.
Product overview
Urban Development + Partners (UD+P) is a real estate acquisition and development company formed in 2006, specializing in urban, transit-oriented housing and cohousing communities. The portfolio consists of three main product lines: (1) Housing Delivered - residential apartment buildings (Jute, Lyra, Slate, Cassi, 3339 SE Division, Luella, Fairmount, The George, 3330 SE Division, Move the House, Àlmr, 3360 SE Division, Reliable, Forest and Garden) and cohousing communities (Adams Creek, River Song, Washington Commons, Haystack Heights, PDX Commons); (2) Planned/Under Construction - mixed-use developments (Lake Oswego North Anchor) and cohousing communities (Sunnyside Village, Moshav, 4th Corner Commons); (3) Office and Hotel - commercial properties (1201 J Street, Hotel Grand Stark, District Office, Coffee Warehouse, Overland Warehouse, Framework, American Brush). UD+P offers cohousing development services including site acquisition, permitting, project management, and marketing. The company operates an investor portal for capital partners.
Differentiator
Problem solved
Functional benefit
Products and services
- Cohousing Development Services End-to-end development services for cohousing communities including site acquisition, permitting, project management, sales price guarantee, construction financing, and marketing and member enrollment. Targeted at pre-formed community groups seeking an experienced development partner.
- Real Estate Investment Partnership Private placement investment program enabling capital partners to invest in community-oriented real estate projects. Uses an aligned partnership model where investor returns are linked to project success, accessed via the AppFolio investor portal.
- Residential Property Leasing (via CloudTen) Direct leasing of multi-family residential apartments across UD+P's portfolio of 20+ developments in Portland, Sacramento, Eugene, Hood River, and other West Coast markets. Each property has a dedicated leasing email and contact number.
- Commercial Property Leasing Leasing of street-level retail, flex office space, coworking space, and rooftop event venues in UD+P's mixed-use and office developments, offered to retail, office, and event operators.
- Hotel Grand Stark Operations 57-room boutique hotel in Portland's Central Eastside including ground-floor restaurant and bar operations, generated from an adaptive reuse renovation of the historic Shleifer building.
Quantifiable outcome
- Over 20 years of multi-family development experience with 20+ completed projects
- +3 more outcomes
Companies that use Urban Development + Partners
Customer profileNamed customers18 records
Segments4 records
Ideal customer profiles4 records
Urban Development + Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Urban Development + Partners partnerships and signals
Strategic signalPartnerships
33 partnerships are on record, tiered minor and core.
- Karen GimnigminorCohousing consultant for Sunnyside Village Cohousing project in Marysville, Washington.
- WEST BuilderscoreGeneral contractor for Berkeley Moshav cohousing project, with construction starting Q2 2025.
- Lew BowersminorCohousing consultant for Adams Creek Cohousing project in Hood River, Oregon.
- CENTRL OfficecoreOperates the flex office component at 1201 J Street Sacramento location, offering shared workspaces, private offices, and meeting rooms to the general public.
- ChefStablecoreOperating partner for 1201 J Street Sacramento property, contributing to the overall hospitality and food service aspects of the mixed-use development.
- Jen Robards EventsminorManages sales and operations at Aurora rooftop event space at 1201 J Street Sacramento, which can accommodate 200 guests.
- CoHousing Solutions, Inc.coreCohousing consultant for multiple projects including Haystack Heights (Spokane), Washington Commons (West Sacramento), Adams Creek (Hood River), and ongoing communities. Provides guidance on community formation, member recruitment, and development process.
- Beam DevelopmentcoreJoint venture partner on multiple Portland projects including District Office (cross-Laminated Timber office development), Hotel Grand Stark (adaptive reuse of historic Shleifer building), and Coffee Warehouse (core and shell renovation). Beam Development contributed land at fixed price for District Office joint venture with Portland Music Company.
- Katie McCamantcoreCohousing pioneer and architect, key figure in cohousing ecosystem collaborating with UD+P since first project in 2015 with PDX Commons founders.
- Shelly ParkscoreCohousing thought leader and key collaborator in cohousing ecosystem since UD+P's first project in 2015.
- Coho UScoreNational nonprofit cohousing organization, key collaborator in cohousing ecosystem helping expand the cohousing movement in the United States.
- Lorentz Bruun ConstructioncoreGeneral contractor for multiple UD+P projects including American Brush (historic renovation), 3810 Division, and 3339 SE Division.
- Yorke & CurtiscoreGeneral contractor for Framework and Slate projects in Portland.
- Colas ConstructioncoreGeneral contractor for Cassi and Àlmr residential projects in Portland.
- Andersen ConstructioncoreGeneral contractor for District Office CLT construction project completed in 2020.
- Market One BuilderscoreGeneral contractor for Luella project in Sacramento, completed 2024.
- R&H ConstructioncoreGeneral contractor for Lake Oswego North Anchor development (86-room boutique hotel and 67 apartments).
- Stack ArchitectureminorArchitect for American Brush historic renovation and 3810 Division (Move the House) project.
- Works Progress Architecture (W.PA)coreArchitect for multiple UD+P projects including Framework, Coffee Warehouse, Hotel Grand Stark, Cassi, and Lyra.
- Emerick Architects P.C.coreArchitect for Overland Warehouse renovation and Àlmr residential project.
- Hacker ArchitectscoreArchitect for District Office CLT project and interior design. Also commercial tenant at District Office.
- GBD ArchitectscoreArchitect for Jute project (132-unit mixed-use residential in Central Eastside).
- McCamant & Durrett ArchitectscoreArchitect for Haystack Heights cohousing and River Song cohousing projects. Leading cohousing architecture firm.
- MFA (Architects)coreArchitect for Adams Creek Cohousing and Fairmount Apartments renovation.
- MFA and MahlumcoreArchitects for Washington Commons cohousing community in West Sacramento.
- Schemata Workshop and David PelletiercoreDesign architect and architect for Sunnyside Village Cohousing in Marysville, Washington.
- Gunkel ArchitecturecoreArchitect for Berkeley Moshav cohousing project.
- CaddiscoreArchitect for 4th Corner Commons cohousing community in Bellingham, Washington.
- CoVision ConsultingminorMarketing and vision consultant for 4th Corner Commons cohousing project in Bellingham.
- Urban MoshavminorCommunity manager for Berkeley Moshav inclusive Jewish cohousing community.
- Ellis ArchitectscoreArchitect for Luella project (51-unit market-rate apartment community in Sacramento's historic MidTown).
- Truebeck ConstructioncoreGeneral contractor for Jute project (132-unit mixed-use residential delivered January 2025).
- Siteworks Design-BuildminorCore and shell renovation construction and project management for Coffee Warehouse project.
Scale indicators4 records
Recent moves11 records
Expansion highlights5 records
Urban Development + Partners competitors and assessment
Company assessmentDirect peers
- The CoHousing Company: Cohousing development and consulting firm where UD+P's VP of Development Services Danny Milman previously worked. Directly comparable business model providing cohousing development services from community formation through project delivery.
- Beam Development: Portland-based real estate developer that has been a joint venture partner with UD+P on multiple projects including District Office, Hotel Grand Stark, and Coffee Warehouse. Both firms focus on urban infill, mixed-use, and sustainable development in the Pacific Northwest with similar design-led, community-oriented philosophies.
- Gerding Edlen: Portland-based sustainable real estate developer with overlapping focus on LEED-certified, transit-oriented urban housing in the Pacific Northwest. Similar project size, sustainability ethos, and mixed-use typologies to UD+P's portfolio.
- Cairn Pacific: Pacific Northwest real estate development firm focused on urban infill, mixed-use, and multifamily housing. Similar project scale and Pacific Northwest geographic focus to UD+P, with comparable sustainability and community orientation.
- Palindrome Communities: California-based cohousing developer and community facilitator with comparable service offering to UD+P's cohousing vertical. Both firms specialize in guiding pre-formed community groups through the complex development process from site acquisition through construction.
Broad incumbents
- Holland Partner Group: Large multifamily developer and operator with significant Pacific Northwest presence including Portland and Seattle. Overlaps with UD+P in transit-oriented apartment development but at much larger scale with broader portfolio across multiple West Coast markets.
- Carmel Partners: National multifamily developer and investor with significant West Coast portfolio including California and Pacific Northwest markets. Comparable urban infill and mixed-use expertise but operates at substantially larger institutional scale than UD+P.
Emerging players
- Williams & Dame Development: Portland-based mixed-use developer with focus on urban infill and sustainable design. Comparable project typology and geographic focus to UD+P, though smaller scale and earlier-stage portfolio.
Others
- CENTRL Office: Flex office and coworking operator that runs the office component at UD+P's 1201 J Street Sacramento property. Adjacent service provider that intersects with UD+P's mixed-use developments rather than directly competing.
- McCamant & Durrett Architects: Leading cohousing architecture firm that serves as architect for multiple UD+P cohousing projects (Haystack Heights, River Song). Key ecosystem partner rather than direct competitor, but with deep cohousing expertise that intersects with UD+P's core vertical.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Urban Development + Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Urban Development + Partners leadership team
Management profileNumber of profiles
Profiles10 records
Urban Development + Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Urban Development + Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Urban Development + Partners
What does Urban Development + Partners do?
Urban Development + Partners (UD+P) is a vertically integrated real estate acquisition, development, and property management company founded in 2006 that builds and holds urban, transit-oriented mixed-use housing and cohousing communities across the West Coast. The company manages the full project lifecycle from entitlement, design, and finance through construction and ongoing operations, and operates a property management subsidiary (CloudTen) that leases residential units, commercial space, and operates a 57-room boutique hotel.
Is Urban Development + Partners a public or private company?
Urban Development + Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Urban Development + Partners founded?
Urban Development + Partners was founded in 2006. It employs 11 to 50 people.
Where is Urban Development + Partners based?
Urban Development + Partners is headquartered in Portland, United States, in the North America region.
How does Urban Development + Partners make money?
Six revenue lines are on record. Real Estate Development Fees are the primary driver. The others are capital Partner Investment Syndications, property Management, commercial Lease Revenue, hotel Operations and residential Lease Revenue.
Who are Urban Development + Partners's main competitors?
Direct peers on record are The CoHousing Company, Beam Development, Gerding Edlen, Cairn Pacific and Palindrome Communities. Broad incumbents are Holland Partner Group and Carmel Partners. Williams & Dame Development is listed as an emerging player. Others are CENTRL Office and McCamant & Durrett Architects.
Does Urban Development + Partners have an API?
No public API is recorded for Urban Development + Partners.
What industry is Urban Development + Partners in?
Urban Development + Partners's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts). Its NAICS code is 53111 and its SIC code is 1531.