- Median home price
- Average days on market
- Inventory supply*
- 1.6 months
One of the country’s seminal examples of suburban transit-oriented development, Hillsboro’s Orenco Station has been lauded by everyone from former Vice President Al Gore, who visited the mixed-use development in 1998 during the grand opening of the west-side light-rail, to Sunset magazine, which dubbed Orenco America’s Best New Burb in 2005. A 40-minute MAX ride from downtown Portland, and mere minutes from major employment centers Intel and Nike, Orenco’s skinnier streets give it an intimate and walkable feel. The development’s 209 acres include row houses, apartments, condos, one-acre Central Park, retail outlets like New Seasons and Starbucks, and several restaurants. Oh, and did we mention Orenco also hosts the Hillsboro Farmers Market in the summer? Conceived a full decade ahead of what Pricewaterhouse Coopers and the Urban Land Institute now call 2013’s trend of “urbanizing suburban nodes,” Orenco isn’t happy to rest on its nationally lauded laurels. Since the pedestrian-friendly development debuted, Orenco has added two apartment buildings (the Nexus apartments opened in 2007, and the 190-unit Platform14 was pre-leasing apartments as this hit the printer), drop-in child care (WeVillage opened its second Portland-area location here in 2012), and a Bishops Barbershop, among other retail. And there’s more on the way: while Intel builds its new fabrication centers on one side of Cornell Road, on the other Orenco will add the 45-unit Alma Gardens, an affordable housing building for seniors, and Holland Partners should complete the 304-unit Wrap Apartments by May 2014.
Where you shop: Renaissance Premium Wines and New Seasons
Morning buzz: Starbucks
Date night: Yuki Sushi & Saki Bar
For the dogs: Central Park
Commute time**: 40 minutes aboard the Blue Line
Walkability score: 51
Schools: Orenco/Quatama | Evergreen/Poynter | Liberty
Coming soon: The 304-unit Wrap Apartments, May 2014
* Inventory supply figures provided by Keller William's Nick Krautter, based on the previous six months of sales.
** All commute times listed are via mass transit to Pioneer Courthouse Square.