Waterfront Pearl

It boasts approximately 900 feet of waterfront, thus given the name"Waterfront Pearl."

A water feature covers almost the entire property and will range in depth from 18 to 36 inches. Water will cascade down a series of waterfalls, be recycled through a series of filters, and recirculated.

It is designed to assist with stormwater management, building temperature control and irrigation. It will also provide gray water for toilet flushing and water for fire fighting. The effect would be to make the four buildings look like they're resting in the shallows of the Willamette River. The project calls for extensive landscaping, maintains view corridors from Naito Parkway and continues the riverfront trail that currently ends at the edge of the parking lot.

Amenities include an underground parking garage, lap pool, exercise room, boardroom and common area. The developers do not plan to pursue regulatory approval for docks or river-oriented amenities.

The project will develop in two phases, from north to south. It will likely serve move-down buyers changing homes for in-town living. Average unit sizes will be in the 1,400- to 1,500-square-foot range and will carry an average price of about $500,000.

The first two buildings could be completed by May of 2008 and the second phase to be completed in 2010. Waterfront Pearl is designed to meet the silver criteria for the U.S. Building Council's Leadership in Energy and Environmental Design.

FEATURES INCLUDE:

* Secured Entry/Parking

* Waterfront living in the city

* River views

* City views

* Water system

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