The Henry Enjoys Sold-Out Success Before Completion

May 01, 2004

Sustainability and luxury draw residents to the LEED Gold condominiums

The Henry, Portland, Oregon

Noted for its two major distinctions—luxury and sustainability—The Henry sold out way in advance of opening. Owners were drawn to the high living additives such as concierge service but also the designation of the building by its LEED Gold status, making it one of only three residencies in the United States to obtain such a rating.

 “Sold out long before its scheduled June 2004 opening,” writes Brian Libby, DJC Magazine, “The Henry has enjoyed great success from a sales perspective. And that’s just one way to measure its impact.”

The Henry is gaining attention as the “ultimate in fine urban living. And it’s a very green building, poised to earn a LEED ‘Gold’ rating from the U.S. Green Building Council,” potentially becoming the first residential building in the US to reach that level.

The Henry is the first to meet The Pearl’s need to branch away from unfinished, open lofts and introduce finished, traditional spaces that appeal to a broader market. “‘In the first few years of the Pearl District, you had the pioneers coming to live who preferred more of a loft lifestyle, but now you have more people coming in who prefer a more traditional scheme for their residence,’ adds Bruce Brown of GBD Architects. ‘I don’t think everybody’s used to such a wide-open living space. So if you put more of a broad spectrum of product out there, there’s something to match everybody’s taste.’”

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