Surrounded by what developer Jeffrey Sackett of Capstone Partners LLC, called “great neighborhoods,” the $60-million residential/retail complex covering three blocks between Northeast 30th and 33rd avenues and Northeast Broadway and Weidler streets, has been an active construction site for two years and is gradually transitioning into a soon-to-be densely populated activity hub. Grant Park Village is located at the center of Northeast Portland’s Grant Park, Hollywood, Laurelhurst and Kerns neighborhoods.
Greeting prospective tenants in that office is Sunshine Haddy, GPV’s community manager. Haddy touts GPV as her favorite of the three leasing projects she’s overseen in the last 14 months, “It’s the neighborhoods that surround us and the village concept of our residences.” She says businesses and organizations have “welcomed us with open arms.”
By mid-November, ten percent of GPV’s apartments had been leased with initial tenants moving in the weekend before Veterans’ Day. Several retailers were moving into ground-floor shops facing Northeast Broadway. Apartment sizes (monthly rents) range from studios ($1,069) to three-bedroom, two-bath units ($2,449). Two-level town homes with individual Weidler Street addresses come in one-bedroom, 1.5-bath ($1,900) and two-bedroom, 1.5-bath ($2,600) sizes.
All units are air conditioned, wired with Century Link fiber optics (1G) and come equipped with clothes washers and dryers. There are 279 total parking spaces with 110 secured residential spaces. Parking is an additional $125 monthly. All apartments are pet friendly.
Monthly rent includes use of a common area “Club House” for resident social activities, a recreational workout room, doggie wash station, bike storage and bike repair center. Storage rooms are provided on all floors for additional monthly fees, based on size. Leases begin at 6 months at standard prices and for shorter times for an additional $200 monthly. Haddy said all units are expected to be leased as of August 2015.
Former property owners, the Arntson Family, remain as investors in the property and retain ownership of a small parcel of land on the south side of the building dubbed “Arntson Park.” The lower slopes of the property’s south side facing Interstate 84 have been developed into a giant bio-swale, receiving the development’s rainwater runoff and keeping excess water out of Portland’s sewers by returning it to the ground. Grant Park Village information is available at http://grantparkvillage.com/.