Riverplace
Neighborhood Description: Tom McCall Waterfront Park, at the east end of downtown, provides the venue for numerous events and festivals year-around, including the Rose Festival, Jazz Festival, Susan G. Komen Race For The Cure, Cinco de Mayo and others. Riverplace Marina, featuring mixed-use condominiums, flats and apartments with ground floor retail, anchors the area. Local restaurants and retail shops that thrive during warmer summer months occupy these retail spaces and help energize the Riverplace "boardwalk" overlooking the Marina. Many restaurants and commercial service tenants are attracted to the area to serve the waterfront business district and seasonal pedestrian traffic. The south end of the district and north of the Marquam Bridge, is The Strand condominium project consisting of three condominium buildings with 210 units and ground floor retail. The Strand at Riverplace borders several ripe parcels of land awaiting future development and connections to the South Waterfront and Oregon Health & Sciences University (OHSU) campus expansion.
For more information:
Portland Development Commission
Portland Rose Fesitval
Portland Jazz Festival
Area Retailers: Riverplace Hotel, Riverplace Athletic Club, Three Degrees, Pink and White Salon, Aveda Salon, Stanford’s, Pizza Schmizza, Harbor side Restaurant, Pilsner Room, and Newport Bay to name a few.
Base Rental Rates: +/- $16.00 - $25.00 / SF (Large rental rate swing incorporates the retailers along the boardwalk that pay seasonal based rents.)
Vehicular Counts: 21,529 CPD: SW Moody and Harbor (1997)
Transportation: Harbor Drive and Moody Avenue are the main thoroughfares for this neighborhood. Riverplace is easily accessible from both I-5 and I-405. This area is also served by Tri-Met bus and the new $15.8 million Streetcar extension through the district and continuing along the South Waterfront. Several off street structured parking garages and on street parking, which can be difficult to locate during peak hours and seasonal periods.