Riverplace Lofts
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RiverPlace is a mixed-use district of
Downtown ''Downtown'' is a term primarily used in American and Canadian English to refer to a city's sometimes commercial, cultural and often the historical, political, and geographic heart. It is often synonymous with its central business district ( ...
Portland Portland most commonly refers to: *Portland, Oregon, the most populous city in the U.S. state of Oregon *Portland, Maine, the most populous city in the U.S. state of Maine *Isle of Portland, a tied island in the English Channel Portland may also r ...
,
Oregon Oregon ( , ) is a U.S. state, state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington (state), Washington, while t ...
. Although not an officially recognized neighborhood, its borders can be considered to be
Naito Parkway Naito Parkway is a major thoroughfare of Portland in the U.S. state of Oregon. It was formerly known as Front Avenue and Front Street and was renamed in 1996 to honor Bill Naito. It runs between SW Barbur Boulevard and NW Front Avenue, and adja ...
to the west, the
Willamette River The Willamette River ( ) is a major tributary of the Columbia River, accounting for 12 to 15 percent of the Columbia's flow. The Willamette's main stem is long, lying entirely in northwestern Oregon in the United States. Flowing northward ...
to the east, and the
Marquam Bridge The Marquam Bridge is a double-deck, cantilever bridge, steel-truss cantilever bridge that carries Interstate 5 traffic across the Willamette River from south of downtown Portland, Oregon, on the west side to the industrial area of inner South ...
(which carries I-5) to the south. The area was
brownfield land Brownfield is previously-developed land that has been abandoned or underused, and which may carry pollution, or a risk of pollution, from industrial use. The specific definition of brownfield land varies and is decided by policy makers and l ...
before it was developed.


History

The land which RiverPlace occupies was formerly part of
Harbor Drive Harbor Drive is a short roadway in Portland, Oregon, spanning a total length of , which primarily functions as a ramp to and from Interstate 5. It was once much longer, running along the western edge of the Willamette River in the downtown ar ...
, an expressway running along the west bank of the Willamette River. In 1976, Harbor Drive was demolished and replaced by Waterfront Park for much of its distance, except for the area where RiverPlace would be developed. The
Portland Development Commission Prosper Portland, formerly the Portland Development Commission (PDC), is the community development corporation created by the city of Portland, Oregon. It promotes development, housing projects and economic development within the city's eleven ur ...
invested $6 million in improving the infrastructure and livability of the area throughout the early 1980s, including a marina by 1985. 1985 also marked the opening of the RiverPlace hotel, a small
condominium A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual own ...
complex with amenities, a floating restaurant on the river, a
marina A marina (from Spanish , Portuguese and Italian : "related to the sea") is a dock or basin with moorings and supplies for yachts and small boats. A marina differs from a port in that a marina does not handle large passenger ships or cargo ...
, and boutique shops. The RiverPlace development was completed in 1995, by which point it had 480 residential units, 26,000 square feet of retail space, and 42,000 square feet of office space (not including the headquarters of Pacific Gas Transmission, which are also in RiverPlace). The Portland Streetcar NS Line was extended through to the area from
Portland State University Portland State University (PSU) is a public research university in Portland, Oregon, United States. It was founded in 1946 as a post-secondary educational institution for World War II veterans. It evolved into a four-year college over the next ...
in 2005, and the system's CL Line (subsequently reconfigured as the Loop Service) was extended to the area in 2015. The MAX Orange Line, a light rail line which opened in 2015, runs on elevated tracks through the west end of the district, but does not have a stop within it.


References


External links

* {{coord, 45.509, -122.674, type:landmark_region:US-OR, display=title Neighborhoods in Portland, Oregon Redeveloped ports and waterfronts in the United States Southwest Portland, Oregon