Keller Williams Realty
News > Cosmopolitan on the Park is Selling Out
published on 2016-02-02
With so many highrises going rental (investors want to keep the income for themselves!), Cosmopolitan on the Park stands out as one of the few highrises in the Pearl District that still has new units for sale. But supply is dwindling with more than 94% of the building sold. The only inventory that's left is on the 22nd floor and above (these are some of the priciest units and penthouses on-site).
Demand for Portland highrises is strong and this building is no exception, which is why most of the building has been spoken for even though completion date is this summer.
Here are a few of the juicy details about the building, its amenities and location:
Cosmopolitan is a mixed-use residential tower with retail on the ground floor. It's located between two city parks, right on the streetcar line in Portland's highly desirable Pearl District. Residents can walk to downtown, some of the best restaurants in the city, numerous galleries, breweries, coffee houses, shopping and the waterfront.
If you're in the market for a new condo in Portland, this is definitely a place to check out. The Cosmo's gleaming glass, constructivist exterior is a Benson Wall Curtain - the latest in high-end high rise construction, offering maximum flexibility in design, including individual window ventilation. The Benson Wall also allows more light to penetrate deeper into the interior, allows for thermal expansion and lowers energy costs.
Amenities at Cosmopolitan on the Park include 24-hour concierge service, three high speed elevators, a fourth floor lounge with wine bar and lushly landscaped outdoor terrace and fully appointed fitness center. These condos offer expansive views, Pedini Italian cabinets, Miele appliances and combination European oak floors and wool carpeting.
So what's for sale at the Cosmo? One stunning 28th floor penthouse with a sprawling 3,236 foot floor plan that spans one half of the building with 3 bedrooms, 3.5 baths, family room & den. Enjoy 11 foot glass exterior walls. There's a smaller penthouse just one floor down with 1,912 square feet of living space plus a private deck. Enjoy a monochromatic light interior design package with blonde oak floors and clean white quartz counters, open concept kitchen and views of the river, city and West Hills. A slightly smaller 2 bedroom, 2 bath and den unit is also available on the 25th floor with 1,683 square feet of luxurious interior space. This condo is the topmost floor of the building's "luxe" units, which have upgraded interiors, pleasing extra angle and added space. This one has views of the river, city and West Hills.
The Pearl District is an historic neighborhood within the city of Portland that's been in the process of steady renovation since the mid-80s. It's a charming, highly walkable section of town. The majority of the condos here are renovated warehouses and modern industrial lofts. The Cosmopolitan is the tallest high rise in the area, the most thoroughly modern (although it does have some Art Deco accents) and most visually striking silhouette on the skyline.
If a modern, new condo in the Pearl is on your wish list, contact us. We'd be happy to help you decide if Cosmopolitan on the Park is the right fit for you.
Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.
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