By Bruce Sussman
Cranes seem to be everywhere in the Pearl District as we start this new year, and several new buildings are quickly climbing toward the sky at the same time.
There is one new building that will rise above the rest. It will be the tallest the Pearl District has yet seen. It will also be the tallest residential tower within the city of Portland.
This new luxury condominium tower, being developed by Portland's Hoyt Realty Group, is called the Cosmopolitan On the Park. Upon completion in mid-2016 The Cosmopolitan will rise 28 stories above the city, and provide world class views of the Willamette River, Mount Hood, Mount St. Helens, downtown Portland and the West Hills from many of its 150 condominiums.
The Cosmopolitan's design gives a nod to the early skyscraper age with an incredibly sleek look, due to the angles that architects are using and the custom glass curtain exterior wall system. It was designed by award-winning local firm Benson Industries. The company recently completed work on the Freedom Tower at the World Trade Center in New York City.
One of the great things about all this beautiful glass? It will hide three levels of secure, above ground parking and storage units on the lower portions of the tower. And because so many Portlanders love traveling on two wheels, the glass also hides two areas for bike parking.
The tower is not all glass, however, as most units come with recessed patios.
As you would expect from Portland's tallest place to live, luxury surrounds you. Like Italian made Pedini cabinetry, solid quartz countertops and top of the line kitchen appliances by Miele. Plumbing fixtures are crafted by Grohe and Duravit.
You'll also find marble, travertine, walnut and European oak throughout most units, along with gas fireplaces for those damp, chilly Portland days.
You can preview it all at the Hoyt Realty showroom, which is just steps from where the Cosmopolitan is being built at NW 10th and Northrup Street. The showroom even has a touch screen that enables prospective residents to see the views available from various points throughout the building.
Hoyt Realty's Marilyn Andersen gave us a tour of the showroom recently, along with an update on how the project is going. "We have sold 40 units so far and interest is strong."
And as long as we're talking numbers, how much will it cost to live in this tower? Says Marilyn, "The lowest price is 400,000ドル and the highest is 3ドル.8 million for the 28th floor penthouse."
The Penthouse, by the way, boasts an incredible 3,236 square feet. That comes in the form of three bedrooms, three and a half baths, a den and a family room. Not to mention sweeping city views in all directions.
The more affordable units offer between 700-800 square feet of living space, although some condo owners have already purchased two units with the intent of combining them for more space. Most of the smaller units are on the building's lower floors but many still offer expansive, unobstructed views.
This is because the Cosmopolitan is being built in what you might call the Pearl District's sweet spot. Situated directly between Tanner Springs Park and the newly opened Fields Park, there are large open spaces both to the north and south of the building.
The Portland Streetcar runs right by the Cosmopolitan and of course Pearl District restaurants, dessert spots and shopping are all around. In fact, the Cosmopolitan's ground floor has space to bring more retail options to this already happening spot.
However, those who prefer a quieter and more exclusive Pearl District experience will love level four of the Cosmopolitan. It has a state of the art fitness center, a meeting room, a community room with built in wine bar and a beautiful outdoor space, which includes a patio, terraced garden with lush vegetation and trees, bench seating and even a fire table.
Also on this level are three guest suites that can be rented should for visitors who want their own space. But only owners and invited guests will be at the Cosmopolitan because a full time Concierge will be stationed in the lobby during the day, and a security guard will staff the main desk at night.
Even though residents will be living in the tallest residential tower in the city, they won't be wasting much time waiting for elevators: the Cosmopolitan will feature three high-speed lifts with a state-of-the-art destination dispatch system that dramatically minimizes wait times.
The only wait now is for this new tower to be completed, and that is on track for the middle of next year.
1130 NW 10th at Northrup
503-227-2000
Showroom open: Mon.-Fri., 10:00 a.m. – 5:00 p.m.; Sat.-Sun., 11:00 a.m. – 5:00 p.m.
Opening mid-2016
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