The Cosmopolitan | 341' | 28 floors | Completed - Page 5

pdxtraveler · #81 Posted **Mar 14, 2013, 11:50 PM**

http://efiles.portlandoregon.gov/web...-%20Notice.PDF

downtownpdx · #82 Posted **Mar 15, 2013, 4:56 AM**

Am I reading this right -- since this 350' tower would cast a larger shadow over Fields Park than the current 225' allowable max height ... they would have to either shorten it or make it skinnier?

65MAX · #83 Posted **Mar 15, 2013, 8:18 AM**

Not necessarily. It's saying if they want to keep it at 350', they'll have to get a variance.

tworivers · #84 Posted **Mar 15, 2013, 3:29 PM**

Well, either way that notice is a sight for sore eyes.

I thought, though, that a few years ago there was some sort of new agreement (or is that embedded in the upcoming Central City Plan?) that upped the allowable heights in the North Pearl...

i2m · #85 Posted **Mar 15, 2013, 3:43 PM**

The new North Pearl Plan resulted in a zone change to allow unlimited height on some blocks - limited only by FAR and floor plate size. Floor plates of 12,500 or less can be limited only by FAR.

A few block surround the parks have height limits to minimize shading on the parks. These blocks can increase height limits if the shadow of the proposed taller building isn't greater than that cast by a code allowed building height.

It sounds like the amount of shadow cast on the Fields is minimal. Given the tiny floor plate size, I support this small shadow rather than see the building get wider. South Waterfront aspired to small floor plates of 10,000 sf and then kept growing to 12,500 to be more affordable to build. This tower looks like it's 8,000 sf + floor plate which could be a first for a building of this size in Portland

Derek · #86 Posted **Mar 15, 2013, 4:49 PM**

Technical talk aside, what are the chances this building gets built at it's current proposed height, if it even gets built at all?

i2m · #87 Posted **Mar 15, 2013, 7:39 PM**

I understand the project is moving forward to Design Review in the summer. I think the project will continue to construction if the economy stays strong.

downtownpdx · #88 Posted **Mar 15, 2013, 8:26 PM**

^^ and the height shouldn't be a problem because of the small floor plate?

pdxstreetcar · #89 Posted **Mar 16, 2013, 5:42 PM**

Is this thing really being allowed to have above-ground parking when this prime parcel is facing public parks on both the north and south sides? I know parking is now the most cherished value in Portland, but it seems to me this is madness to have the prime space in the building overlooking the park be dead space devoted to parking. Where else is there a building with parks on two sides and yet this building's design doesn't value the huge amenity of the parks built at public expense? What about underground parking like all the surrounding buildings including the affordable housing?

NJD · #90 Posted **Mar 16, 2013, 8:13 PM**

image Boora

^ the parking is internal at the ground floor at least, in the proposal are live/work spaces on the North, retail on the East and South, and loading and a parking garage entrance to the West.

...I'm with you though, seams a shame, too bad underground parking is so much more expensive.

i2m · #91 Posted **Apr 7, 2013, 4:29 PM**

Here's the latest cover story in the Northwest Examiner. It's mostly covering the presentation to PDNA from last month.

http://www.nwexaminer.com/issues/04April2013.pdf

I heard this project was presented to the Design Commission last week and received a positive reception.

i2m · #92 Posted **Apr 8, 2013, 4:29 PM**

The DJC has an article by Lee Fehrenbacker published April 5th, 2013.

"Design commissioners got their first look at what could be Portland's next high-rise, and they responded with glowing reviews bordering on schoolboy giddiness.

djcoregon.com/news/2013/04/05/hoyt-street-presents-tower-design-to-high-accolades/

zilfondel · #93 Posted **Apr 9, 2013, 4:25 AM**

Hmm. And apparently it will be far and above the most expensive per foot residential ever built/sold in Oregon. I'm guessing $1,500/sq ft then? The white building south of it went for $1,000/sq ft.

i2m · #94 Posted **Apr 9, 2013, 2:52 PM**

I think condos in this tower will be costly although I think they will be well under $1,000 per square foot.

Most units in the Metropolitan were below $1,000 and still stll for more reasonable rates, although they are more high end than most.

bvpcvm · #95 Posted **Apr 9, 2013, 5:19 PM**

Maybe the Metropolitan's units were bid up to $1000/sf but from what I understand $300/sf is about what it cost. The article in the NW Examiner says North Point will be around $500/sf.

The towers in SOWA were also around $300/sf IIRC.

scottb · #96 Posted **Apr 10, 2013, 4:33 PM**

$500/sq-ft might be a bit low - a 1,000 sq-ft unit would only be $500,000. Probably more like $600-700 overall. Seems like the city is on board, the only real hurdle is the market and being the only one of its kind in Portland this project should get enough buyer interest to move forward.

Also, noticed that this board got some attention on the Pearl Help website, check it out:
http://www.pearlhelp.com/pearl-distr...ra-architects/

Here's more coverage of the project on a local blog as well:
http://placesovertime.wordpress.com/...-in-the-parks/

And I confirmed the height at 338' / 29 floors.

bvpcvm · #97 Posted **Apr 10, 2013, 5:54 PM**

Quote:

Originally Posted by scottb

$500/sq-ft might be a bit low - a 1,000 sq-ft unit would only be $500,000. Probably more like $600-700 overall. Seems like the city is on board, the only real hurdle is the market and being the only one of its kind in Portland this project should get enough buyer interest to move forward.

maybe $500/s.f. is only the construction cost

Quote:

Originally Posted by scottb

Also, noticed that this board got some attention on the Pearl Help website

LOL, that's because the guy who does that site is a regular commenter here

bvpcvm · #98 Posted **Apr 10, 2013, 5:56 PM**

oh, yeah, this is for cab - i've seen some schematics, and the above-ground parking will be pretty well hidden. the sides of this building facing the parks will have either retail or residential with the parking for the most part between the two, inside the building. 10th and 11th however will have parking over the first floor. personally, i think it's a reasonable compromise.