Low Inventory Makes Portland Tower Condos an Intriguing Option | VIEW LISTINGS
If you’ve been paying any attention at all to the local real estate market in recent months, you’ve probably noticed at some point that new development is really lacking here in the Twin Cities. Unfortunately, despite positive job growth and a pretty healthy economy, there just doesn’t appear to be a lot of action in residential new construction around the urban core of the Twin Cities, and even the inventory of new construction single-family homes is down throughout the area as well.
In fact, as of right now, the only new construction condo development currently in the works in the Twin Cities is the new luxury tower at Portland and 8th Street in downtown Minneapolis called Portland Tower. Located at 740 Portland Avenue South, Portland Tower condos are proclaimed to be setting a new standard in downtown living, offering potential buyers both top-of-the-line finishes and a full compliment of amenities that include state-of-the-art building security, heated indoor parking, guest parking, a resident lounge with a full kitchen, and a 6th floor outdoor area with a fire pit, grills, and terrific views of downtown Minneapolis.
Floor plans at Portland Tower offer between two and three bedrooms with anywhere from 983 to 1,705 square feet of total living space. Inside, condos for sale at Portland Tower generally include high ceiling heights, granite counter and stainless steel appliances in the kitchens, dual vanities in the master bathroom, and private balconies that overlook the vibrant and energetic Minneapolis streets below.
