Exquisitely designed rental residences to arrive in Portland with rooftop view into the Timbers’ Stadium
Portland Oregon – Global leader in the development, investment, and management of high-quality rental housing properties, Greystar, is now pre-leasing Sawbuck, their first development project in Portland, Oregon. Comprised of 182 apartments and approximately 8,000 square feet of retail spaces, the project broke ground in July 2019 and will welcome first move ins starting late summer 2021. Located at the corner of Southwest 18th Avenue and Southwest Salmon Street in the neighborhood of Goose Hollow, Sawbuck lies at the base of West Hills and Washington Park, remaining easily accessible to downtown Portland. Pre-leasing is currently underway, with rents starting approximately $1,500 per month.
“After a wave of strong interest from the local Portland community and prospective residents, we are thrilled to officially open our doors at Sawbuck to the Portland community and bring modern, eclectic apartment living to the Goose Hollow neighborhood,” said Aaron Keeler, Managing Director, Development at Greystar, Pacific Northwest.
Sawbuck’s studio, one-bedroom and two-bedroom residences feature upscale apartment living nestled in a historic, charming neighborhood. Modern amenities include stainless steel appliances, in-unit washer and dryers, oversized windows, wood-style flooring, quartz countertops and recessed lighting. Designed by SERA Architects, the community’s overall aesthetic draws inspiration from New York City’s iconic Flatiron Building and reflects a sustainable ethos with dynamic spaces for its residents. The eight-story community is introducing both market-rate and affordable rental residences as one of the first developments under Portland’s new inclusionary zoning regulations.
Inviting spaces with bespoke interiors abound at Sawbuck, including: the stunning rooftop view of Providence Park, home to Major League Soccer team, the Portland Timbers, and the National Women’s Soccer League’s Portland Thorns FC; a club lounge and gaming area; co-working spaces; conference rooms and work pods; an outdoor terrace with a firepit and barbeque stations; a full entertainment kitchen; a fitness studio; bike storage; package storage; and a collection of onsite retail.
“Sawbuck offers the best of both worlds – urban living with easy access to the Pacific wonderland at the foot of the West Hills and Washington Park,” said Doug Burges, Director of Development at Greystar, Pacific Northwest. “Marking Greystar’s first ground up development in the Portland market, we look forward to beginning our pre-leasing efforts and welcoming residents later this summer.”
Centrally located in one of Portland’s most desirable neighborhoods, Sawbuck lies across the street from Multnomah Athletic Club (MAC) and soccer stadium Providence Park. The transit-oriented development provides easy access to multiple bus stops, the 405-Interstate freeway and nearby light rail transportation stops with easy access to Downtown Portland, Central Eastside and Beaverton.
Both onsite hard hat tours and virtual video tours are available. The first 20 leases will receive a collection of gifts for being the first Sawbuck residents.
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates an estimated $200 billion+ of real estate in nearly 200 markets globally, including offices throughout the United States, United Kingdom, Europe, Latin America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing approximately 713,000 units/beds, and has a robust institutional investment management platform with approximately $37.2 billion of assets under management, including over $16 billion of assets under development. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business.