February 24, 2023 – Portland, Oregon
The storied Ritz-Carlton brand invests in an ultra-premium entrée into Portland’s residential market.
As drivers make their way into Portland’s bustling city center, crossing bridges that span the Willamette River or cresting the top of Forest Park from the west, a new building immediately captures the eye. Among the tallest in the city, the glass façade of the building gleams like a gem, reflecting the changing daylight into a myriad of color. Even at night, the building has exterior lighting that changes and adjusts, standing out in the Rose City skyline.
Block 216, the project that broke ground in July of 2019, will open in the spring and summer as the home of The Ritz-Carlton Residences, Portland, as well as The Ritz-Carlton Hotel, Portland. And as impressive as the outside of the building will be to drivers coming into the city, what it represents for the community promises to be much bigger. In addition to being the first ultra-luxury building in the Pacific Northwest, The Ritz-Carlton Residences, Portland will offer a long list of amenities and services to Owners that haven’t existed in the region. In addition to its top-tier restaurants, a state-of-the-art Fitness Facility and Luxury Day Spa, The Residences offer entrée into a community and a luxury lifestyle that one associates with New York, San Francisco, London, or Hong Kong. The Ritz-Carlton Brand has established itself as providing personalized service that anticipates needs like no other. And The Residences will bring that same level of service to the community in the building, creating a lifestyle that is like a vacation, every day.
So, to whom will this new lifestyle appeal? The developers believe it’s to business leaders and creative influencers who increasingly find themselves pulled in many directions. Largely affluent, this group craves one luxury more than anything else. That luxury is time. The Ritz-Carlton Residences, Portland will be a haven from the bustle, where everyone is welcome, and comfort is truly at every corner. By anticipating Owners’ needs with bespoke service and uncompromising comforts available 24 hours a day, The Residences give busy Owners and their families the gift of time to relax and enjoy every moment. But the appeal is more than just for the Owners of these 132 Residences. This building is an investment in Portland, revitalizing the downtown area with a vibrant community who live and play there. It will offer well-paying jobs and new opportunities for downtown businesses, and it will bring in affluent Ritz-Carlton and Marriott patrons from around the world to enjoy everything Portland and the Pacific Northwest have to offer. It’s a vision for the future of what luxury living in the Pacific Northwest will be.
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Owner and Founder of LUXE | Forbes Global Properties, the exclusive affiliate of Christie’s International Real Estate for Oregon and Washington. Exclusive Affiliate of SportStar Relocation Oregon.
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