Sunday, March 1, 2015

Retiring and Selling, or Moving Out of Home for the First Time? Developer John Carroll Is Counting on It.


Announced last week in The Oregonian/OregonLive, Developer John Carroll has plans to develop a 14-story apartment tower in the Pearl District.  The site is on the corner of Northwest 11th Avenue and Hoyt Street, which is currently occupied by Jim Steven's Auto Body.

This will add to the existing construction boom in the Pearl District and the $30 - $40 million project is anticipated to be delivered in July of 2016. Carroll states that he is confident there is a market for his project, in what he calls the "close-in Pearl" specifically for Baby Boomers and Millennials. View renderings of site and learn more about this planned development in The Oregonian/OregonLive article.