PHOENIX--(BUSINESS WIRE)--Portland on the Park, the highly anticipated sister property to Downtown’s award-winning Portland Place, will begin accepting reservations on November 9 through its newly opened sales office. The urban living project is situated between the three-acre Portland Park and the 32-acre Margaret T. Hance Park along Central Avenue. Once completed in mid-2016, the property will have a total of 170 condominiums and true lofts in three structures: four-, 12-, and 14-story towers. In addition, a five-story parking garage will be available for resident and guest parking. Home sizes range from 745 to 2,381 square feet with 21 thoughtful and efficient floor plans. Prices begin in the low $200,000s with penthouse suites available under $1 million.
“Portland on the Park is a continuation of Portland Place, the most successful condominium project created in Downtown Phoenix,” says Tim Sprague, principal of Habitat Metro, developer of both projects. “The new development will be built to the standards of Portland Place, including concrete construction, which adds structural integrity and stability for our homeowners while delivering a building that will be there for years to come. The team involved with this project are hand-selected because they are the best in the industry, all of whom are committed to creating homes of unmatched quality for the Downtown Phoenix homebuyer.”
Community spaces will underscore urban living that blends work, play and the social aspects of life. The first-floor 7,200-square-foot commercial space will house a coffee shop, wine bar and restaurant providing a social space for residents and the Roosevelt neighborhood. A resort-like pool will be on the ground level with an open-air gathering spot on top of the 14-story tower. A state-of-the-art workout facility will also be available for resident use.
ABOUT Portland on the Park
The sales office is located at 1017 N. Central Ave., Suite 3 in Downtown Phoenix. Portland on the Park is an inspired urban neighborhood delivering a new view of Phoenix. With an anticipated opening in mid-2016, the true loft and condominium community will offer 170 homes in 12-story and 14-story midrises. Enveloped by local parks and downtown cityscapes, the community is in the heart of the Roosevelt Historic and Art District. For sales and community information, visit www.portlandparkcondos.com.
