| Subscribe to the Moving to Portland Newsletters |
48°F
42°F / 51°F
41°F / 52°F
41°F / 56°F
Guide to the South Waterfront CondosAtwater - John Ross - Meriwether - 3720 Condos - Mirabella
South Waterfront Neighborhood
|
Let Me Help You Find the Right CondoI can help you with finding a new or existing condo in the Portland metro area. If you're interested in in a condo, call me at (503) 497-2984 or e-mail me at Susan Marthens. South Waterfront History and Development PlansThe South Waterfront, the largest and most expensive redevelopment effort in Portland history, will transform an abandoned 130-acre industrial brownfield along the Willamette River south of downtown into a $1.9 billion high-rise neighborhood as dense as parts of Manhattan. Eventually, 20 high-rise buildings will be built on the site. This includes medical offices and labs for Oregon Health & Science University (OHSU). The Portland Development Commission (PDC) signed an agreement with OHSU and a group of waterfront property owners that cleared the way for construction of a 38-acre central district, which includes 3,000 residential units, one million square feet of office space, 150,000 sq. ft. of retail and a hotel/conference center. Map of South WaterfrontYou can view a map of the area (Adobe PDF format). A map showing the South Waterfront area along with the buildings is available at Mapwith.us - it is a couple of years old but the map shows all the condos and apartments to include the OHSU Wellness Center. Apartments in the South WaterfrontThere are a number of apartment buildings in the South Waterfront.
List of Condos in the Portland Metro AreaSkyscrape has a very complete list of condos in the metro area. You can view the list by clicking here. This site also has a list of condos in the metro area which you can access by clicking here. SkyscraperPage.com's forum has been one of the most active skyscraper enthusiast communities on the Web. The global membership discusses development news and construction activity on projects from around the world, alongside discussions on urban design, architecture, transportation and many other topics. Homes for Sale in the South WaterfrontView homes currently for sale in South Waterfront by clicking here. To search for homes in downtown Portland, go to Search Downtown. You can use over 100 search parameters and then select a specific area off a neighborhood map by drawing a box around that area. Alternatively, you can just specify the criteria and obtain all the current listings in the downtown area. |
Atwater Place Condos
|
|
The building features 10,000 square feet of retail space on the ground floor. Its design of gardens and eco-roofs help the Atwater Place obtain a silver certification under the U.S. Green Building Council's Leadership in Energy and Environmental Design rating system. Sustainable aspects of the building include storm water management to mitigate run-off, high-performance glazing to reduce heating and cooling needs, low-flow shower heads, faucets and dual-flush toilets, nontoxic finishes, and local sourced materials with high percentages of recycled content. The building was designed by Thomas Hacker, principal of Thomas Hacker Architects. The design also includes work done by GBD Architects. The design for the tower's sculptured faces is crafted in glass for a prismatic effect. Cut into the façade, the balconies are staggered recesses in the shear glass plane of the building's face. It also has a raised courtyard and ground-level plaza. Hoffman Construction crews begin excavating for the foundation and placing structural supports in late December 2005 and the building was completed in 2007. Atwater Place AuctionAccelerated Marketing Partners auction on September 20, 2011 resulted in the sale of 40 units. In late September, the firm retained to dispose of unsold units at Atwater Place, listed nine additional units for sale. Accelerated Marketing Partners announced it has placed a series of mostly two-bedroom units on the market. In all, 100 of the 23-story project’s 212 units have sold by the fall of 2011. Sales UpdateAs of early 2012 there are still a few new units for sale. View homes currently for sale in South Waterfront by clicking here. South Waterfront is located in the South Portland neighborhood which includes Corbett, Lair Hill, and Johns Landing.
|
John Ross Condos
|
|
Most floors in the John Ross are 12,261 square feet, tapering to 8,252 square feet on the top few floors. It offers 286 units, 247 in the tower and 39 in a four-story podium. Plans called for 50 percent of the units to sell for less than $325,000. The roof of the podium is a green roof with a community garden. The metallic blue building rises in an elliptical shape that looks wider or narrower from different vantage points from the west, along Interstate 5 and the Marquam Hill area. For one, it seems narrower than rectangular, so-called "slab," buildings. The shape also reduces the surface area, or in architectural terms, the "skin," by 10 percent. That means more budget was devoted to the materials and detailing of the skin. Bob Thompson, a principal of Thompson Vaivoda Architects, reported: "the elliptical form helped preserve views around the building from Southwest Terwilliger Boulevard while allowing addition of a quarter-block public plaza at the corner of Southwest Gains Street and River Parkway." The tower lobby has an 18-foot wall of glass that Thompson said is intended to be a "highly lit beacon" at night. The plaza has trees and beds of perennials, in addition to a low-lying water feature and outdoor seating on a hard surface adjacent to the buildings. In the height of the condo boom (2005), the developers of Portland's South Waterfront area announced that they're taking a tougher stand against buyers who want condominiums to rent out or quickly resell and they're planning to require sworn promises that buyers intend to live in their units. The new policies, will apply to presales in the John Ross condo tower. These new policies were supposed to:
Sales Update: Sold OutPrudential Real Estate Investors, which has primary control of the tower, sold 47 condos in South Waterfront’s John Ross building in less than two hours on April 11, 2010. More than 750 people turned out for the auction, filling a basement conference room and then some at the downtown Hilton. Compared with the prices at the height of the real estate boom, the auction bidders took home condos at an average 50 percent discount. The John Ross condos were listed for an average of $711,000 during the top of the housing market. They sold for about $316,000, according to winning bids announced at the auction. The auction will provide another benchmark for how far the downtown high-rise condo market has tumbled. In the fall of 2009, the more upscale Atwater Place, across the street from the John Ross, sold condos for about $300 a square foot, on average. The John Ross units sold on April 11 for about $230 a square foot. View homes currently for sale in South Waterfront by clicking here. South Waterfront is located in the South Portland neighborhood which includes Corbett, Lair Hill, and Johns Landing.
|
Meriwether Towers Condos
|
|
The 245 homes were sold out prior to completion.buildings (245-units in double tower stretching 21 and 23 stories tall). Modeled after the slender towers of Vancouver, British Columbia, the $200 million Meriwether condos were completed in the summer of 2006. The buyers paid more than $350 per square foot for units 600 square feet and up at prices going from $169,000 to $1.9 million. The draw was being on the river as well as proximity to the new wellness center being built by Oregon Health & Science University. Resale of Meriwether HomesView homes currently for sale in South Waterfront by clicking here. South Waterfront is located in the South Portland neighborhood which includes Corbett, Lair Hill, and Johns Landing.
|
3720 Condos (now apartments) |
|
3720 consists of a 30-story tower and a five-story "side-car" structure, which together contain 323 units, for a total of 350,000 square feet of condominium space. In addition, the development also has 17,000 square feet of retail and 380 parking spaces. The project is the third in the South Waterfront area for developer Block 30. The firm's Meriwether condo development is located adjacent to 3720. May 2009 Sales Update: Converting to ApartmentsDeveloper Mark Edlen announced that 3270 will be converted to an apartment building and rename to the Andrea. Edlen said three factors drove the switch on the nearly finished building: the slowing housing market, a tighter mortgage market, and the strengthening rental market. South Waterfront has condos for sale in two other towers: Atwater and John Ross.
|
Mirabella Continuing Care Retirement Community |
|
This 30-story Continuing Care Retirement Center (CCRC) will offer fine senior living that supports successful aging, including spacious view apartments and suites, Penthouse dining, world-class amenities and services, various levels of health care, and convenient underground parking. Residents will enjoy spectacular views of the Willamette River, Mt. Hood, the Portland cityscape, and a park, which spans two blocks in front of Mirabella. The university sold a block in the new neighborhood to Medford-based Pacific Retirement Services Inc., which is building a 30-story senior housing building that would offer a range of retirement living options, from apartments to nursing home level care. The arrangement will strengthen OHSU's relationship with Intel, OHSU officials said, as the two can work to develop devices and techniques aimed at making aging easier.
|
Located on the Willamette River’s edge, the two Meriwether towers were the first of the residential buildings to be completed in South Waterfront. These homes offer views of Mt. Hood, Mt. St. Helens, Portland’s skyline, the West Hills, and the river bend. The building is one of the few LEED Gold certified residential towers in the country.
