/news/2011/12/13/pearl-district-rental-rates-too-high-for-residents-too-low-for-developers/ Building and Construction News in Portland, Oregon and the Pacific Northwest Wed, 14 Dec 2011 19:49:23 +0000 hourly 1 https://wordpress.org/?v=6.6.6 /news/2011/12/13/pearl-district-rental-rates-too-high-for-residents-too-low-for-developers/#comment-98800 Tue, 13 Dec 2011 23:46:16 +0000 /dailyblog/?p=76054#comment-98800 So 1 developer discovered he couldn’t pull in obscene profits and decided not to build, still doesn’t change the fact that buildings are popping all over close in-parts of Portland. How many apt buildings are popping up in NW PDX right now? I know of at least 2 or 3 that are being worked on near 23rd/21st and Raleigh. And 2 more have been announced in the north pearl recently — not to mention the Conway possibility. Also, in Beaverton a large mixed-use project near Nike is about to begin. This article makes it sound like no construction is happening just because one project for absurdly priced apartments didn’t pan out.

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