About the Space
- The brand new Modera Glisan, a 12-story building will frame the west end of the Pearl District while retaining the historic former fire station building.
- The L-shaped building will provide 291 market-rate apartments, below grade residential parking, ground-floor retail and a 10th floor pool and fire pit.
About the Location
The Pearl District is located just north of the central business district of Portland, Oregon. For years this area was a warehouse district that later evolved to house many artists’ lofts. In the last 10 years, this area has blossomed into a retail and residential mecca, all paved by the artists and creative influence in the area. The district is bordered by NW Broadway to the east, NW 16th/I-405 to the west, W. Burnside to the south and the Willamette River to the north.
There are approximately 6,179 existing and planned residential units in the Pearl District. Naturally, retail has followed the residential boom, including grocery (Whole Foods, a 47,000 square foot Safeway and Pearl Market), service (dry cleaning, salons, banks, interior design services, etc.), boutique retail (clothing, shoes, eyewear, gifts, flowers, garden stores and art galleries), big box retail (REI and Office Max), 24 Hour Fitness and food (numerous restaurants, bars, and coffee establishments).