MP5: The Lofts

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The Lofts is the first phase of Milepost 5. The 54 Live/work condominiums are designed for the needs of the creative. They have open floor plans, 11 and 12 foot ceilings, and walls of windows. The remodeled late 60’s modern style building features exposed original brick and concrete, with extensive upgrades including a newly added 4th floor with great views.

Lofts Are Currently Available for Sale.

Quite a few units have decks and patios. Each unit has an additional basement storage space. All share a large common 4th floor deck and a community garden. Wide hallways & large elevator accommodate large material & large art – as well as providing installation space.

Residents began moving in July 2008 and the growing community has been active and engaged.

  • 1969 building, renovated 2008
  • 54 Residential condo units from 477 to 880 square feet, starting around $99k
  • 3 floors with 11' exposed concrete ceilings
  • 8 upper units on 4th floor with 12' ceilings
  • Basement storage units with every condo unit
  • WiFi provided by Stephouse Wireless
  • Common 4th floor deck
  • Community garden
  • Zipcar & great transit access
  • Off-street parking available
  • Prefered selection and rental credit towards studio space in the Studios Building
  • Rotating art exhibits in lobby and 1st floor hallway
  • Ability to hang your art or art you like outside your unit (2nd-4th floors)
  • Artist-in-Residence program
  • Volunteer program

Nationally renowned local architects WPa designed the historic-adaptive building remodel for the visionary Portland firm BEAM Development – including the addition of a “jewel box” 4th floor with views of down town and the mountains. WPa’s renovation utilizes the building’s original concrete and brick to great effect, transforming the 60’s “modern” into an elegantly minimal, architecturally progressive, and eminently livable/workable space.

The Lofts offer a unique opportunity for residents to invest in the Milepost 5 community. While the second, larger, phase of the project, The Studios, will be all rental studios, live/work rentals, and commercial spaces; owners in The Lofts will build equity as the community grows, never have to worry about rising rents, and reap more benefits from the community & Milepost 5 programs as the development is completed.

Milepost 5 understands the unique financial situations of working creatives and is committed to developing solutions to make financing possible. Contact the realtors and visit the Steps to Purchase section to find out about owning a live/work space in this unique Community for Creatives.

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