There are two Meriwether Condominiums at the south waterfront. The East tower is adjacent to the Willamette river and the West Tower is set back a little bit from the river, but it still offers river, city and mountain views. The two towers share underground parking and several common elements, but they both have their own concierge.
Yesterday, I had the opportunity to see unit 2305 at the Meriwether West. It is a two bedroom, two bath unit with river, city and mountain views. It has 1608SF and it is currently selling for 499K. It comes with 2 parking places and storage unit. At $311/sf it is one of the best deals out there on downtown condos. The only downside of this condo is that the taxes are almost $800/month.
The finishes of the Meriwether common areas are very nice. Not as much art as the Atwater, but very nice all the same.
The south waterfront is growing up. It still needs more retail space to give it the vibrant feel that the pearl district enjoys, but on my most recent trip down there, I observed a few more stores and restaurants. It is only a matter of time before the south waterfront reaches the critial mass required to be a vibrant downtown district. For the moment, the streetcar will take you to downtown, the pearl or 23rd ave.
The south waterfront is still has the best deals on condos, but inventory is drying up.
Portland Condos
