pearl district news...
Jan 7,2009
Buyers Benefit From Sliding Home Values
by Agent503
For the first time since the housing bubble burst, the year-over-year decline in value for residential property in Portland is in the double-digit range. According to the S&P Case-Shiller Index, arguably the nation’s most recognized source for home price changes, Portland homes lost more than 10% since October 2007. But not all neighborhoods have been affected to the same extent. Losses in several close-in neighborhoods have remained in the single-digit range, some have even posted mild gains. In some situations sellers have lowered prices on their homes beyond the neighborhood trend, creating interesting opportunities for buyers. Find out more here .
posted at 09:58 AM
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Dec 12,2008
As much as 60% of inventory at some condo buildings qualifies as Desperate
by Agent503
With little new inventory hitting the market this time of the year, an increasing number of units are sitting on the market - vacant. Portland's Desperate Sellers Database now includes almost 200 such properties and reports that as much as 60% of the inventory at some condo buildings qualifies as Desperate. Both the Meriwether and the John Ross have been hit hard, but a number of buildings in the Pearl haven't been spared either. Find out more here .
posted at 08:13 AM
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Nov 21,2008
Historic Preservation Needs Assessment Questionnaire
by pearlgirl
Lost any good buildings in your neighborhood lately? If you're interested in or concerned about historic preservation, the Bosco-Milligan Foundation wants to hear from you. Take their historic preservation needs assessment questionnaire and tell them what you think about historic preservation in your neighborhood. The information will be used to develop future preservation programs, technical assistance and training at the Architectural Heritage Center (AHC). Completed questionnaires are due by Friday, November 28. Please mail your completed forms to Val Ballestrem or drop them at AHC . Val Ballestrem c/o AHC 701 SE Grand Avenue Portland, OR 97214 Order your copy of AHC's beautiful 2009 calendar . It's chock full of vintage postcard images from the Bosco-Milligan Foundation's historic collection.
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posted at 12:44 PM
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Nov 14,2008
Neighborhood Association and Community Alert!
by pearlgirl
Portland Public Schools is planning to change their policy concerning the disposition of real property. They are planning to discontinue the notification of the City of Portland, Multnomah County, Portland neighborhoods, and the public when they are planning to declare a property surplus /(see pages 8 - 15 of PPS Final Board Book ). The 1979 Portland City School Policy was developed during the comprehensive plan process and is still ORDINANCE (Ordinance 150580). It states very clearly the intent and importance of a public partnership among School District #1, local government, neighborhoods, and the public. The above policy changes by PPS #1 seem to be in conflict with the City School Policy, Comp Plan and State Law. If you are able, please check into this policy change and let Portland Public Schools know of your opinion about the need for the public to remain part of this process and tell others about it. Thank you very much for any help you can offer, Don MacGillivray<
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posted at 09:43 AM
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Nov 13,2008
New Powell’s Books Building Design Unveiled
by shooter
The Daily Journal of Commerce writes about the new design for the Powell's Books building located at the corner of NW 10th and Burnside. A prominent feature of the proposed building is the art cube suspended over the front entrance. The cube would replace the existing, iconic Powell's Books sign with art displayed on several sides of the cube. Powell's, the Portland Design Commission , the Pearl District Neighborhood Association , and even the chief curator of the Portland Art Museum like the building design and the idea of the art cube. The design commission did suggest that the tile façade made from recycled glass might be overly complicated and detract from the art cube.
Powell's is not certain when construction will begin and admitted that the economy is a factor in its decision.
Related links: New Design for Powell's Books Features an Art Cube -
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posted at 03:04 PM
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Oct 31,2008
Demolition Begins for Broadstone Enso Apartments
by pearlgirl
The building at 14th and Lovejoy—former home of Fullfillment Corporation of America—has been demolished to make way for the new Broadstone Enso Apartments. The fence went up a couple weeks ago, and over the past week, the building has been torn down in stages. Obviously, we started taking photos a little later in the process! What's this? The little building at the corner of 14th and Lovejoy (the former home of Pearl Real Estate and the Wyatt Showroom) was not demolished. Everything around it is gone, but this tiny building will stay. Related Information More Pearl District luxury apts Revised Design for Broadstone Apartments Sometimes, less is less Design pushes envelope, commission pushes it back Public Meeting | Design Advice on 1035 NW 14th Ave On the Block | Pending Development in the Pearl
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posted at 08:13 AM
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Oct 30,2008
New Construction Condos Adjust Pricing
by Agent503
Low occupancy rates among Portland’s new condo developments are increasing the pressure for many developers. As a result prices have started to drop in recent months. Most new construction condos are now discounted by 10-15% and developers are more likely to entertain aggressive offers. Click here to find out more about occupancy levels and price drops at places like The Encore, John Ross, Pacifica and more.
posted at 10:36 AM
1 comments
Oct 23,2008
Design Advice Summary for Pearl Time Share
by pearlgirl
If you've been following the development of the Pearl's time share, here's the design advice summary offered on the project. Question from the beginning of the hearing: Have you considered filling the ground floor and moving the private amenity spaces to an upper floor? Do any Wyndham properties have restaurants or other retail amenities within their property? Have you considered having a valet service and/or drop off on 14th Ave? Please explain the need for individual heating units in the rooms using a louvered system, instead of a centralized heating system? What is the aversion to incorporating more traditional/publicly engaging retail in the building? Who will be using the seating outside of the sale's room, and are they loose seating elements? What is happening on the roof? Is an active area or green roof proposed? General comments The program of the ground floor is problematic. It is too inward focused and does not relate to the spi
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posted at 07:29 AM
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Oct 22,2008
North Pearl District Plan Hearing
by shooter
During the City Council's first review of the North Pearl District Plan (NPDP) held Wednesday, September 24th, various stakeholders proposed amendments to either the plan itself or the accompanying package of Zoning Code amendments proposed to implement the plan. Each of the amendments proposed on the 24th and the staff's recommendation to Council are summarized in this downloadable document .The City Council will review these amendments and take additional testimony on these requests at a follow-up hearing scheduled for Thursday, October 30th at 2:00PM. It is anticipated that the Council will decide to adopt the North Pearl District Plan package at this hearing and will decide which of the above referenced amendments to include through the adoption process.
What follows is a brief summary of the proposed amendments. Please read the downloadable document for complete details and the city staff recommendations.
Amendment 1 - Repea
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posted at 03:35 PM
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Oct 22,2008
Gap Widens Between Ask and Sold Price For Portland Condos
by Agent503
In a troubled condo market the gap between ask and sold prices is widening. On average over the last six months sellers have typically ended up settling for 10k less than their final asking price. Some of the deepest discounts have been for properties that have lingered on the market for more than 200 days. Click here to find out more about median discounts at selected condos in Pearl, Downtown and South Waterfront.
posted at 09:43 AM
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pearl district
©Kenneth Aaron, Neighborhood Notes
See Sammy's Flowers in the Pearl
Neighborhood Association
Board Meetings
6pm, 2nd Thursday of each month
Pacific Northwest College of Art
1241 NW Johnson St.
Committee Meetings
Planning
1st & 3rd Tuesdays
Board Meetings
6pm, 2nd Thursday of each month
Pacific Northwest College of Art
1241 NW Johnson St.
Committee Meetings
Planning
1st & 3rd Tuesdays
6pm, PNCA
1241 NW Johnson St.
Transportation Sub-Committee
Transportation Sub-Committee
2nd Thursday of every month
3:30pm, Ecotrust
721 NW 9th Ave.
Livability
When: First and third Mondays
6 p.m., Community Room of The Louisa
124 NW 13th Ave.
Communications
Last Tuesday of every month
6pm, Umpqua Bank
Last Tuesday of every month
6pm, Umpqua Bank
1139 NW Lovejoy
Neighborhood Map
Community Links
Neighbors West Northwest
City of Portland
Office of Neighborhood Involvement
Pearl District Business Association
NW Community Garden
Neighborhood Map
Community Links
Neighbors West Northwest
City of Portland
Office of Neighborhood Involvement
Pearl District Business Association
NW Community Garden
