By The Registry Staff

Plans for a shuttered Rite Aid store in Southeast Portland to be redeveloped into a 200-plus-unit multifamily complex continue to move forward. The project, led by Seneca Development Co., has made a significant step in the revitalization of the bustling intersection of Southeast Division Street and Cesar E. Chavez Boulevard with the purchase of the project site for approximately $3.5 million, according to a report from the Portland Business Journal. The site has been vacant since Rite Aid abruptly closed its doors in September 2023.

The development will be executed in two phases. The first phase, located on the former Rite Aid site, will see the construction of a building with 127 apartments and ground-floor retail space, while the second phase will add another 77 a

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