Portland's Pearl District Continues As Success Story

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.

1 minute read

November 18, 2003, 6:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

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.

Thanks to Chris Clair

FULL STORY: In Pearl, roofs, rents on rise

Monday, November 17, 2003 in The Oregonian

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