THE SOUTH WATERFRONT

From Light Industrial to Sustainable Urban Neighborhood

The opportunity to transform 38-acres of underutilized light industrial warehouses along Portland’s Willamette River into a thriving urban neighborhood was a challenge we couldn’t pass up. Forming a strong public/private partnership with Williams & Dame Development, the City of Portland and Oregon Health & Science University, we were able to develop a plan that was good for the community and for our investors.

When complete, the South Waterfront Central District will offer healthy 20-minute living, environmental sustainability, innovative transportation alternatives and easy access to nature. Neighborhood amenities include garden streets, a storm-water bioswale, river greenway, the nation’s first urban tram to be built in 50 years, a two-block central park, a medical wellness center, mixed-use retail and a streetcar to downtown. All of the buildings in the Central District will be LEED certified or better. As of 2006, the South Waterfront was the nation’s largest urban infill project.

Each block of the South Waterfront District was designed by a different architect. Robert Thompson designed the John Ross, an elliptical, 31-story condominium tower featuring 303 homes, and Thomas Hacker designed Atwater Place, a 23-story innovative glass condominium tower with 212 units and unprecedented river views. The Meriwether, a pair of 21- and 24-story towers with 245 homes, was designed by Busby Perkins + Will Architects in partnership with The South Waterfront master architect GBD Architects. The completed project includes housing for 5,000 residents in five buildings.

Sales in the South Waterfront district have been brisk. As of January 2007, the Meriwether was 100 percent sold and the John Ross was 74 percent sold.

www.thesouthwaterfront.com