The Westerly, also known as the 24th Place Condominiums, is a 14-floor high-rise building in
Northwest
The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each sep ...
Portland, Oregon
Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous co ...
, in the United States. It is located at 2351 NW Westover Road in
Hillside neighbourhood. Construction of the building began in 2006, and was completed in 2008.
Description and history
In 2004, Kristina Brenneman of the ''
Portland Tribune
The ''Portland Tribune'' is a weekly newspaper published every Wednesday in Portland, Oregon, United States. It is part of the Pamplin Media Group, which publishes a number of community newspapers in the Portland metropolitan area. Launched in ...
'' reported, "The Northwest District Association has filed multiple appeals to its neighborhood plan to the state Land Use Board of Appeals, including stopping 'bonus height' provisions north of West Burnside Street. The extended height, approved by City Council, sparked plans for the proposed 147-foot 24th Place Condominiums on Northwest Westover Road right behind the Uptown Shopping Center. In response, attorneys for 24th Place condo developer Homer Williams filed a notice to respond to the appeals. A movement against the tower has its own Web site, www.stopuptowntower.com."
The building has 14 floors with more than 100 residential units. The final floor and roof were completed by August 2007.
[ Homer Williams was the building's developer.][ Forty percent of its units had been sold by July 2007, during construction.] The building's penthouse sold for $3,125,000 in June 2007.
Prices were reduced in 2008. In February 2009, ''The Oregonian
''The Oregonian'' is a daily newspaper based in Portland, Oregon, United States, owned by Advance Publications. It is the oldest continuously published newspaper on the U.S. west coast, founded as a weekly by Thomas J. Dryer on December 4, 185 ...
'' Jeff Manning said the condos opened just as the market was crashing and sales fell below expectations. In April, the newspaper's Ryan Frank said developers struggled to sell condos and ground-level retail spaces in the building because of the Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
.
See also
* Architecture of Portland, Oregon
Portland architecture includes a number of notable buildings, a wide range of styles, and a few notable pioneering architects.
The scale of many projects is relatively small, as a result of the relatively small size of downtown-Portland blocks (2 ...
* List of tallest buildings in Portland, Oregon
File:South Downtown Waterfront - Portland, Oregon.JPG, 350px, Skyline of Portland's south downtown in 2010 (Use cursor to identify buildings)
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References
External links
*
2008 establishments in Oregon
Residential buildings completed in 2008
Hillside, Portland, Oregon
Postmodern architecture in Oregon
Skyscrapers in Portland, Oregon
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