Pearl District Condos For Sale 

Pearl District Portland, OR

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Search Pearl District Homes For Sale March 5, 2024
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Pearl District

About the Pearl

While the Pearl today is mostly trendy coffee shops and high-end condominiums, it does come with a unique past. Not so long ago the Pearl District was a mostly abandoned rail yard and actually one of the toughest places in Portland. Rundown and dilapidated, the Pearl was anything but the Pearl of the city. Yet slowly, this urban icon has revitalized the downtown area into a more vibrant urban Renaissance. Diverse, architecturally significant, fantastic galleries and high-end restaurants shape Portland's most iconic community.

The Pearl District History

Originally platted as part of Couches Addition in 1869, the area around what is now the Pearl was developed primarily with one and two-story homes for blue-collar European immigrants. The first Park block was dedicated for exclusive use by women and children and had a supervised children's playground. Union station was built in 1896 and 1905 the Lewis and Clarke Expedition spurred a huge jump in Portland's population and the expansion of the rail yards at the north end of the district.

There was quite a bit of expansion during this time with controversies and rivalries rising up among railroad companies and industries and in the early part of the 20th century Portland was a national epicenter of furniture manufacturing and the Pearl, which actually remains a furniture mecca today, was at the head of the table. The Gatsby building at 13th and Hoyt and the capital wool Growers Building at 14th and Johnson were one of the major players in the furnishings boom. There were many other manufacturing warehouses that came to be in the Pearl District, now mostly converted to home and retail use.

However, over time, this blue-collar area has seen better days and prior to 1990, abandoned warehouses, long-forgotten industrial sites, and blue-collar cafés dominated the district. Much of the redevelopment started back in the early 1980s when it became the focus of planning efforts by the Portland Development Commission. The 1992 River District Vision Plan and development plan spurned efforts to revitalize the downtown area and in 2000, a steering committee met to discuss the future of the Pearl District. They reevaluated current plans and developed priorities for the neighborhood.

Today, the Pearl District is a vibrant and collected part of Portland and the city wouldn't be the same without it. From high-end loft condominiums to penthouse units, apartments overlooking the river and those close to trendy coffee shops and bookstores, the Pearl District has become a wildly popular downtown location.

What to do in Pearl DistrictPearl District Condos For Sale

The Pearl District has its own Pearl Magazine. Published quarterly by SagaCity Media, this magazine is delivered to households in the Pearl District and beyond as part of Portland monthly. If you're planning on being a part of this district, we encourage you to subscribe.

But the Pearl is not just about trendy coffee shops and hipster boutiques. There's plenty of parks right in downtown. Some of Portland's most unique parks are located in the Pearl such as North Park Blocks, a shady tree canopy and grassy area, outdoor basketball court and children's play area. Fields Park, a 1-acre lawn and common area was strolling past and a large dog park. Tanner Springs Park is a peaceful and well-preserved wetland in the heart of the Pearl District. And, Jamison Sq., Park open just in 2000 known for its unique fountains and a great place to cool off on hot summer days.

The Pearl is known for its eclectic arts and culture environment. There are 17 performing arts facilities and galleries in the Pearl alone. Just browsing them could take an entire week. The district is also known for several business services and financial institutions, clothing stores, eclectic book and stationary shops, jewelry and gift shops, home design, and multiple dining options.

Between Interstate 405 and the river are over 200 fantastic breweries, wineries, cafés, coffee shops, bistros, fine dining establishments, saloons, prep kitchens, donut shops, ice cream parlors, and even a cookie dough café. For just about every taste and budget out there, there's something delicious happening in the Pearl District. Explore All the Dining Options in the Pearl

Living in the Pearl

A lot of folks that choose the Pearl District as their home destination don't even own a car. A lot of people can live, work, and play all within the few blocks that the Pearl District makes up and for stretching beyond the Pearl, hop on one of the light rail systems and head out to other places around the Portland metro area. Condo started around $250,000 up to high-end luxury penthouses of over $2 million. This is primarily a condominium neighborhood with a few loft options, townhouses, and apartments. Start your online search here for all Pearl District condos for sale, homes and real estate in this community. Feel free to contact us at any time to schedule a showing or for more details.

Contact a Pearl District Realtor®

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Ian Sane