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Portland's Pearl District Continues As Success Story

Posted by: Abhijeet Chavan
Thanks to: Chris Clair
18 November 2003 - 6:00am

Pearl District apartments fetch the Portland region's highest rents, condos are selling for more than $1 million and people just can't get enough.

Developers are racing to finish four new apartment buildings as demand for urban living has so far exceeded the trendy Pearl District's production of new rental units. The rental construction demonstrates that the Pearl District is evolving beyond the two core markets fueling its success so far: high-end condos and subsidized affordable apartments. The construction also signifies how much developers think Portlanders crave the style of urban living they can find in the district.

Full Story: In Pearl, roofs, rents on rise
Source: The Oregonian, November 17, 2003
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These interconnections ratify for us the sense that markets are as strong as confidence is present and confidence is as justified as patterns are dependable. These are what might be called our community moorings: anchored, tangible patterns.
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