Sunbelt Holdings and Habitat Metro led the development of the urban condominium community along one of Phoenix’s last remaining boulevard park streets.
Sunbelt Holdings’ deep history of residential and urban development in Phoenix played a key role to securing Equity Source and Construction Debt Financing of the project. A sister property to Downtown Phoenix’s award-winning Portland Place, Portland on the Park partners offers residents an opportunity to live an urban lifestyle in the heart of the Central Arts District.
Overlooking the 32-acre Margaret T. Hance Park, home of the Japanese Friendship Garden, Irish Cultural Center, McClelland Irish Library, Phoenix Center for the Arts and the Burton Barr Central Library, Portland on the Park residents are immersed in an oasis in the city.
Portland on the Park offers a total of 149 homes among a 14-story high rise building. The 21 floorplans available in one, two or three bedrooms range from 745 square feet to 2,486 square feet and are priced from the high $200’s to over $1 million. Sales began in 2014, with 81 percent of the homes sold to date. Residents, who began moving in January 2017 enjoy a range of amenities including a resort-inspired heated pool, a state-of-the-art fitness center, roof top terrace and gathering space, barbeque stations and fire pits, and live/work spaces.