The Jade Lofts will be a newly constructed 108,644 square-foot (10,093 square-meter),  four-story apartment building, with 2,700  square-foot (250 square-meter) retail space on  ground floor, targeting Students and Young  Professionals in an up-and-coming  area  located on 0.69 acres (0.28 hectare) of land in  the City of Portland, Oregon.