So how is the real estate market as of late...the numbers tell you things have cooled a bit. Will we see an uptick with the freshly lowered interest rates. Only time will tell. ;
New Buildings In Portland
Four Buildings That Are Setting New Design Standards in Portland
Portland’s current multifamily housing boom is breeding some buildings to look forward to. Here are a few projects that each set new standards.
Block 15 What 168-unit, 28-story condo tower Where Between Tanner Springs and the Fields Parks, North Pearl District Who Hoyt Street Properties and Boora Architects When Projected to break ground this summer What’s to like For the best site in the Pearl District—between two parks, with picturesque views of Centennial Mills, the river, and Mount St. Helens—a Pearl District first: a true Vancouver, British Columbia–style “point tower.” Rising 340 feet from a quarter-block footprint, this will be the most slender skyscraper in the city. Boora’s John Meadows and team further fractured the building into “crystalline bars” with inboard decks (as opposed to protruding balconies) that offer better weather protection. With larger units and a likely precedent-setting $525/square-foot average sales price ($1,200/foot for the penthouses), it promises to be Stumptown’s new luxury address.
Block 67 What 276-unit, 21-story office/apartment mix Where E Burnside Street & Grand Avenue Who Jeff Pickhardt of Key Development and Skylab Architecture When Projected to break ground in August What’s to like After bringing environmentally sensitive new industrial development to downtown Hood River, Pickhardt paired one of Portland’s most architecturally aggressive firms with its most dynamic site—culturally and physically. To the problem of fostering community on a former industrial site, Skylab’s Jeff Kovel offers a simple solution: layers. Below bridge level will be gritty workspaces and parking with motion-activated, colored lights shining through metal mesh—perfect for its world-renowned neighbor, the Burnside Skate Park. Atop the Grand/Burnside-level retail is a sloping, landscaped podium that Kovel likens to “the river’s bank lifted to bridge level,” with garden beds, amphitheater, fire pit, and gym. From this, the knife-edged tower will rise to become the east side’s most prominent landmark. (Hopefully. A stumpier 13-story version is also under consideration.) “It’s a gateway to and from the east side, but like a check valve more than a hard wall,” says Kovel. “It’s about fluid transition.”
Josh is a proud graduate of the University of Oregon where he earned his BS degree. Upon graduation he followed his entrepreneur spirit and opened his first business. Josh started Burgess Services, wh....