I had the opportunity to show three condos in this building this past Saturday and thought I’d share what I found. Riverscape is currently the last development on the river heading NW along the Willamette River (just past the Fremont bridge). If you take Front street along the riverfront in downtown you will eventually end up there. Saturday was a beautiful sunny day in Portland so the drive along the waterfront was busy with kids playing in the fountains, joggers and families. I passed under the Burnside bridge and noticed that Saturday Market was packed. Riverscape is a mile or so away so there was no real activity when I arrived. There is only one pub on the corner that I could see but the Pearl is only six blocks away and has plenty of shopping and restaurants. This part of the water front has not been fully developed, but the potential is certainly there.
Riverscape has two offerings; the Pacifica Tower which is eight stories high and a very large number of two story townhomes. I was in the tower which is more than half sold. The RE/Max sales office is located in one of the first floor units. I viewed units on floors four thru six. The design is very open in the main living area with floor to ceiling windows on all the exterior walls. All of the units had decks of varying sizes but even the small ones were large enough for a table and chairs to seat four. This is a feature that you won’t find in the Pearl District. The living area had wood floors with the bedrooms being carpeted. While the ceilings were bare concrete, the over all feel was not that of a loft or converted warehouse. The views varied depending on which side of the building you were on. If you had an easterly view, you could almost reach out and touch the river while looking at Mt Hood (very impressive).
When I compare this building to comparable buildings in the Pearl the biggest difference is the amount of square footage you get for the price. Riverscape units are almost 50% bigger. The other difference is Riverscape made a conscious effort to keep the monthly HOA dues low. They vary from $200. to around $500. for the penthouse. The fee includes water, sewer, garbage, cable and all maintenance for common elements inside and out.
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