Splash
PORTLAND, OREGON
The Splash project transformed a former industrial corner along NE Sandy Boulevard into a vibrant, pedestrian-oriented mixed-use development that blends housing, commercial space, public art and community gathering areas. The eight-story, 335,000 s.f. building is composed of two residential towers connected by sky bridges and a shared underground parking garage. The project delivers 219 residential units in a mix of market-rate, affordable, live/work and townhouse-style homes, with ground-floor commercial spaces activating the street edge.
In addition to the new construction, the project included the extensive renovation of the iconic mid-century Pepsi pavilion. Public-facing amenities anchor the site, including 8,600 s.f. of community plaza space with integrated landscaping, seating, water features and a landmark stainless steel sculpture. Together, the building and outdoor spaces create a welcoming, community-focused environment that redefines this stretch of Sandy Boulevard.
AWARDS
- Top Projects 2025 Winner, Daily Journal of Commerce
- Award of Merit Office / Retail / Mixed Use Project, ENR Northwest Region
SUSTAINABLE FEATURES
- Earth Advantage Silver certified
- Largest Energy Trust of Oregon rebate ever
- Efficient RCC water heater system
- 40 EV charging stations
Award-Winning Energy Efficiency
Splash features one of the nation’s most efficient water heating systems. Three Nyle Reverse Cycle Chillers, four storage tanks, and one electric swing tank provide a combined recovery rate of 1,440 gallons per hour—far above a typical home heater’s 20–40 GPH.
The system works like a self-contained heat pump, circulating refrigerant through a compressor to heat incoming water, then condensing and recycling the refrigerant in a continuous loop. The swing tank acts as both the first tank in the system and a backup heat source.
Installing the units in a multifamily building required careful planning due to their size and airflow of up to 16,000 CFM, ensuring proper intake and exhaust. The system eliminates natural gas and uses far less electricity than traditional heaters, with similar projects showing apartment units consuming just 37% of typical energy and overall demand dropping 15%.
A one-year monitoring program sponsored by Bonneville Power Administration through Ecotope tracks temperature, flow, and usage, providing data on the system’s performance.



















