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UPCOMING
LOFTS & CONDOS Old
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The Everett Station Lofts is a building in Portland, Oregon, United States. In 1989, three adjacent buildings in Portland, Oregon's Old Town Chinatown neighborhood (bordering the Pearl District) were renovated and converted into the lofts, a 62,000-square-foot cluster of 47 live/work units combining studios and loft condominiums. Everett Station's spaces feature high ceilings, hardwood floors, third-floor balconies and a second-floor courtyard shared by all residents. Everett Station Lofts supports the local art scene by reserving sixteen storefront units for artists who agree to open their studios to the public during regular business hours and during at least nine "First Thursday" evenings each year. The lofts offer
somewhat affordable exhibition space on the edge of the increasingly
gentrified Pearl District. In 1989, three adjacent buildings in Portland's Old Town District were renovated and converted into Everett Station Lofts. Its 47 live/work units feature high ceilings, hardwood floors, and other amenities, including indoor parking and a second-floor courtyard shared by all residents. Sixteen storefront units are reserved for artists who agree to open their studios to the public during regular business hours and at least nine "First Thursday" evenings each year. During the 1990s, as commercial developers began scooping up Old Town properties and converting them into upscale condominiums, many artists were displaced. In 1998, when Everett Station's owner decided to sell, the artists themselves contacted Artspace. Although the owner could have made a larger profit by selling them on the open market, he agreed to sell them to Artspace at their appraised value of $2.7 million to preserve Everett Station Lofts as a center of creative life in Old Town.
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