PORTLAND, OR—Wood Partners, LLC, one of the nation's most active multifamily developers, has broken ground on a 281-unit apartment tower complex in Portland's popular Pearl District. The tower, located adjacent to the newly built 3.2 acre Fields Park, is Wood Partners first development in Portland and third in the Pacific Northwest.

"We are excited to break ground on this new development in the Pearl District," said Steve Yoon, Wood Partners' VP of development for the Northwest Region. "We feel Portland is just a fantastic place to live, with its walkable communities and abundance of neighborhood amenities, and the timing couldn't be better for new development."

The development is part of Wood Partners' west coast development strategy focusing on high-quality infill projects.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.