PHOENIX—The adjacent sister property at Portland Place, which will add 170 true lofts and finished condos to the Downtown Phoenix Roosevelt Historic and Art District is opening its sales office on November 6th.

The new urban living project is aptly dubbed Portland on the Park as it is situated between the three-acre Portland Park and the 32-acre Margaret T. Hance Park bordering Central Avenue. Towers of four stories, 12 stories and 14 stories will be completed by mid-year 2016, with homes available for sale beginning in the low $200,000's and penthouse suites under $1 million. Limited reservations will begin mid-summer with presales occurring in the early fall.

“We had a great deal of success with the first phase,” says Tim Sprague, principal of Habitat Metro, developer of both projects, tells GlobeSt.com. “The response so far to the second phase has been incredible; we just started marketing last week. We've wrapped one of the light rail trains and we've started a billboard campaign.

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