Today I went to a luncheon put on by Hoyt Street Properties that was an introduction to their newest proposed project, Park Central in the Pearl District. The Park Central high rise building will not only be the newest condominium building to come to market, it will also be the tallest. Park Central, as it is in the works now, will rise to 28 stories with the top 3 levels being the penthouse levels. At 350 feet tall, it will easily be the Pearl Districts tallest condo building to date. Plans for this new Portland high rise are lofty as it will be the most expensive condominium in the Pearl District with prices rising to over 700 per sq. ft.
Over and over again, buyers talk about the importance of outdoor living space. Park Central will not disappoint! With many homes featuring an atrium like deck space for maximizing the natural daylight. Also, your outdoor living space will be incomparable with the podium level rooftop garden area. With outdoor fireplaces and sitting areas to expand your outdoor living space from the confines of your own condo. BBQ with friends on the pleasant summer evenings 4 floors up from the hustle and bustle on the streets below. The outdoor living space on the rooftop of podium level offers a secure and comfortable space for residents to enjoy.
Today’s meeting was in part, a time for the developers to learn from agents what it is that their buyer’s want the most. With a building in the price point where it is expected to be, Park Central will have to have it all! Harwood floors throughout, high quality appliances, quality fixtures, cabinetry that is of the best quality, fireplaces and unique floor plans that will have some “Wow” factor when you walk in the door!
If you currently live in the Pearl District and think that this could be a building for you, don’t hesitate to give me a call. I can give you a good market analysis of your current condo or loft. In terms of buying a unit at Park Central, let me work to negotiate the best deal for you. Remember. The on-site agents with the developer are there to sell you a condo but they are working for the best interest of the developer. I am there for YOU! If you are currently living in a house and thinking about downsizing, I would be happy to sit down with you and discuss all of the positives and negatives of condo living! Don’t think of it as downsizing so much… how about funsizing!
Keep in mind, we are still very early in the starting phase of this project. Move in dates are still most likely two years out. The developers are still trying to gage the market on what it can afford and for what buyers want in a new luxury condominium. As a condo specialist with a focus in the Portland luxury condominium market, I would be happy to assist you along the way from when the developer begins taking pre-sale orders all the way through until move in!