The ribbon was cut Wednesday and a celebration was had for The Rise Old Town, a new, mixed-use development with 78 market-rate apartments, nine live/work units, and more than 2,300 square feet of ground floor commercial space.

City officials, along with public and private partners, celebrate another project in their efforts to build vibrant, walkable communities.

“Welcome to the newest jewel of Beaverton,” said Mayor Denny Doyle at a ribbon-cutting ceremony on May 31 for The Rise at Old Town, a new building that will house residents and businesses.

A blighted Beaverton lot will soon become a community hub that offers housing and shopping close to the MAX.

LCG Pence Construction is nearing the home stretch on the construction of a full-block mixed-use building in downtown Beaverton. The Rise / Old Town, formerly known as the Signal, was designed by Ankrom Moisan Architects for Rembold and will have78 market-rate studios, one-bedroom units or two-bedroom units and nine live-work units.

About 25 people packed into a meeting room at the Sherwood Center for the Arts Sept. 12 to hear about plans to build a three-story, 144,000-square-foot assisted living facility along with an adjacent three-story hotel in an area off of Highway 99W at Edy Road.