Central Retail District
Neighborhood Description: SW Broadway runs south through downtown Portland, creating a natural western barrier for the central Retail District and serving as one of the City’s top destinations for cultural and retail experiences. Within the retail core stands Pioneer Courthouse Square, "Portland’s Living Room”. The Square hosts over 600 events annually and comprises an entire city block with retail national flagship and local boutiques decorating all four corners. Mass transit, vehicular and pedestrian traffic is among the highest in the core of all areas in downtown. The three anchors: Nordstrom, Macy's newly remodeled flagship store, and Pioneer Place Mall with Saks Fifth Avenue are all within a stone's throw from the square. The recent SW 5th and 6th Avenue Tri-Met light-rail improvements and retail core building redevelopment's have refreshed the center of the city, including the ground breaking of Park Block 5, Park Avenue West Tower and Pacific Center.
For more information:
Downtown Portland Guide
My Portland - Downtown Guide
Portland Development Commission
Tourists & Meeting Planners
Area Retailers: Notable national include: Nordstrom, Macy's, Sak's Fifth Avenue, Williams Sonoma, Tiffany & Co., Abercrombie & Fitch, Juicy Courture, Kate Spade, Louis Vuitton, St. John, Columbia Sportswear, Mountain Hardware, Banana Republic, and Niketown's flagship store. Thriving longtime Portland local merchants include: Mercantile, Mario's, Carl Greve, Kathleen's of Dublin, among dozens of others.
Base Rental Rates: +/- $20.00 - $65.00 / SF
Vehicular Counts: 30,991 CPD: SW Broadway and Morrison (2005).
Transportation: The central core is served well by a variety of modes of transportation including light-rail, bus, vehicular, bicycle and pedestrian traffic. The aging Bus Mall was recently upgraded with the addition of light rail will be fully operational in September 2009 and travels from Portland State University to the Union Station in Old Town. Retail customers also delight in the City-owned and managed "Smart Park" garages, located through the retail core. The Garages provide shoppers with easy and affordable parking at $1.25/hour, and often times free with store validation.