Multifamily Development of the Year “The Sutton” Celebrates Grand Opening

The award-winning residential tower is now leasing in the North Pearl District

PORTLAND, Ore.--(BUSINESS WIRE)--Global real estate firm Lincoln Property Company celebrated the Grand Opening of The Sutton, a high-end waterfront apartment complex in Portland’s North Pearl District with neighbors, local officials, and business leaders. Leasing activity is off to a robust start at the beautiful new 236-unit complex.

The Sutton received the Commercial Association of Brokers’ “Multifamily Development of the Year” award for its high-quality design and features, expansive views of the city, the Willamette River, and the Fremont Bridge, and proximity to the Pearl District—a vibrant neighborhood experiencing one of the highest rates of growth of any Portland area, nearly doubling in size in the past decade.

The Sutton is a 17-story residential tower located on the Willamette River in the North Pearl neighborhood. The building’s “front yard” is on the Greenway Trail—which provides public access to the river and Portland’s iconic trail system. As part of the project, Lincoln widened the Greenway Trail between the property and the river, giving pedestrians, cyclists, and skaters more space to enjoy, and agreed to help maintain and improve this section of the trail with new landscaping and site work. The Sutton also features space for a ground-floor restaurant with indoor/outdoor seating along the waterfront that will bring the community together.

As part of the opening ceremony, Patrick Gilligan, Executive Vice President with Lincoln, and Nick Gonzalves, Director with Bridge Investment Group, marked the property’s official opening with a formal ribbon cutting. Andrew Hoan, President and CEO of the Portland Business Alliance, presented The Sutton with an official Proclamation. Many toured the property and explored the amenities, including hotel-quality guest suites that can be reserved for out-of-town visitors, a game room, multiple lounges, a coffee bar, a gourmet community kitchen, a pet spa, a bike storage and repair center, and a landscaped rooftop terrace with spectacular views of the Willamette River and Fremont Bridge.

“The Sutton was a complex, multi-year development that required significant community engagement, collaboration, and support. This was a long time coming,” said Gilligan. “Despite a turbulent economy, COVID-19, and multiple rounds of revisions to secure approval—The Sutton team kept going. We are passionate about this project and so excited to see it finally coming to fruition.”

Lincoln and The Sutton team are also excited to have been selected as the “Multifamily Development of the Year” by the Commercial Association of Brokers (CAB) in Oregon and Southwest Washington at their annual Night of Excellence in Commercial Real Estate ceremony earlier this year. The CAB awards gala was held on March 9, 2023, at the Portland Art Museum, where winning projects in various categories were honored.

Lincoln developed The Sutton with investor partner Bridge Investment Group. TVA, a Portland-based architecture and design firm, served as the lead Architect, with Andersen Construction as the General Contractor. Luxury lifestyle brand, Ink + Oro, handled the furnishings, while Portland’s Carol Williamson + Associates oversaw the interior design.

For more information, please visit TheSuttonPDX.com or contact the Leasing Office at 503.902.5773. For media inquiries, please contact Eden Morgan at [e-mail] or 310.940.1051.

About Lincoln Property Company

Founded in 1965, Lincoln Property Company is a privately-owned, global real estate firm and a leader in real estate investment, development, property management, and leasing worldwide. With offices in major markets across the U.S., the company has completed 160+ million square feet of commercial and mixed-use developments. Please visit www.lpc.com to learn more.

About Bridge Investment Group

Bridge Investment Group is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $43.3B assets under management as of December 31, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease, real estate-backed credit, renewable energy, and prop tech.