Urban Land Magazine: Senior Housing Goes Vertical in the Pacific Northwest
January 6, 2025
We are thrilled to share that Parkview at Terwilliger Plaza is featured in a new article for Urban Land, the national magazine of Urban Land Institute! Parkview is highlighted as one of three senior living high-rise towers completed in the Portland metro area in recent years. Marking a significant departure from the two-story suburban developments that have dominated senior living for generations, the success of Parkview and other urban high-rises points to a rising trend of high-density, urban senior living development that may redefine the industry.
“The developers of these buildings bet on senior housing at a time when few other developers in this submarket were starting construction. They bet on high-rise construction when most senior developments were just a few stories tall. And they bet on downtown development in the years just after the coronavirus pandemic, when several Portland neighborhoods were making headlines for crime and urban homelessness.”
Read the full article by Bendix Anderson online at this link.