Showing posts with label PORTLAND REAL ESTATE. Show all posts
Showing posts with label PORTLAND REAL ESTATE. Show all posts

Wednesday, August 15, 2007

In with the in crowd

900 St. Clair, a 51-unit apartment building in Southwest Portland apparently designed in the aftermath of a ragingly-bad-yet-uninspired acid trip, sold to a local owner-manager for $3.4 million.

My favorite sentence from the Norris, Beggs & Simpson press release:


“The look and feel of 900 St. Clair is in keeping with the hipper, kind of Doug Fir crowd,” summarizes (NBS Associate Vice President Robert) Black, citing the cool 1960s design of a popular watering hole for the city’s most discerning and moneyed hipsters.



Rents at the building that aesthetics forgot currently start at $525 and $565 for studios and one-bedrooms and $1,000 for the two-bedroom "penthouses." New owners see a shot at getting market rents, and plan on pumping $250,000 more in improvements to the recently upgraded building. Later, undiscerning and poor hipsters.

Tuesday, August 14, 2007

Briefed 8.14

The O's Ryan Frank has a very loose concept of when time began, but nicely reports that UO, the Naitos, and others have whipped out the wet wipes in Old Town. Past DJC stories about the Old Town uplift are here and here.

Still-empty "sliver" park at Gerding Theatre waits on materials from China, the O's Marty Hughley reports.

Neil Goldschmidt is Moses, a piece in the Arizona Daily Star opines. Oh, and Portland is a good role model for Tucson. No Moses, but still ok.

ZGF is doing a massive mixed-use project in Denver.

Monday, August 6, 2007

Swan song

John Yeon's Swan House is for sale for $1.575 million. This is the first time that the house -- and the four plummy West Hills acres it sits on -- has ever been on the market.