Portland’s North Pearl Gearing Up

Block 15, PortlandThe northern part of the popular, gay friendly Pearl District is starting to be built out – but it’s almost all apartments.

Portland Monthly reports:

Even if all eight residential buildings planned for the area known as the North Pearl are built, longtime neighborhood advocate Patricia Gardner thinks the neighborhood still won’t add enough units. “Each leaves three or four floors on the table,” she says of sizes the developers could build to, but are choosing not to. “Together, that’s a whole building not being built.”

When the PDC first created the River District Urban Renewal Area (now more commonly known as the Pearl District) in 1994, it envisioned 5,500 apartments, condos, and town houses. As of 2013, 9,085 units had been built, most in buildings six stories or shorter. But as the district marched north of NW Lovejoy Street, the city—with the Pearl District Neighborhood Association’s blessing—completely removed height limits. “We wanted to embrace urbanity,” says Gardner.

Among the results: two planned buildings that hark back to the towering days of Portland’s first urban renewal area—the 1950s’ South Auditorium District—and to the so-called “point towers” of Vancouver, British Columbia.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Randy Gragg – See the Full Story at Portland Monthly

Click here for gay realtors, mortgage lenders, and other real estate professionals in Oregon.

If you have a gay real estate story that you’d like to share with us, contact us at [email protected]