Build it and they will come? Probably not. Yesterday’s cover story of the business section of the Oregonian has a story about city planners looking at the idea of up to nine 20 story buildings surrounding a 37 acre park in Hillsboro. The artist rendering suggests NYC and Central Park. The most appropriate comment is probably the last paragraph of the story: developer John Bartell, VP of Opus Northwest, “If you would have asked me 20 years ago whether the Pearl could have made it this far, I would have said, ‘no way.'”
There have been plenty of comments about overbuilding in the Pearl and South Waterfront area. This has got to get you riled if you are currently sitting on the sidelines waiting for the bottom to fall out of the high rise condo market in Portland. I think you may have a long wait but Hillsboro?
The story acknowledges this project is in its infancy and by know ways a done deal.