Today I wanted to shine a light on the Platform District and Orenco Station in Hillsborough.
Both have become wildly popular destinations for home buyers looking to find a connection point where high-tech meets rapid transit, home-grown shops, restaurants, and neighborhood pubs. It’s a truly walkable village with tons of retail gems, including markets, wine, restaurants, bars, and a bakery, just to name a few.
The Urban Plaza is a half-acre area modeled off of traditional town squares, and they host outdoor movie nights in the summer and a skating rink in the winter. The Platform District and Orenco Station were designed to bring a Central Park-like quality to the city, and there are multiple parks with areas for outdoor ping pong tables, bocce ball courts, and pet parks.
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It’s a truly a walkable village with shops, restaurants, markets, and pubs.
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Real estate appreciation has seen a rise of 15% to 20% over the last couple of years; condos and townhouses start just below $200,000 and can get up above $500,000 for some of the brownstones. Single-family homes are relatively new at about 10 to 12 years old, and start in the mid $300,000 range and can get up to about the $500,000 mark.
With lots of sustainable job growth anchored by great companies, the neighborhood looks to be a hot location for years to come in Portland. If you have any more questions about these wonderful neighborhoods or you’re interested in a free real estate consultation, give me a call or send me an email today. I’d love to speak with you!
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