Developed, Leased-up and Managed
323-unit • leed gold mixed-use apartments
Located in the emerging South Waterfront, The Ardea features luxury housing on the banks of the Willamette River and just down the hill from Oregon Health & Sciences University.
Open floor plans and luxury finishes, combined with full city, mountain and river views provide sustained market appeal for The Ardea. Unit sizes range from studios to two bedrooms, and include robust townhouse options. A 24-hour fitness center, bicycle storage, and rooftop deck with grills offer an impressive amenity package. The ground floor is activated by 17,000 sq. ft. of retail, and the building features 380 stalls of underground parking.
Eco-friendly finishes and low flow fixtures increase the efficiency of The Ardea. Energy efficient lighting and transit friendly culture lighten The Ardea’s footprint.
Gerding Edlen Management oversaw the initial lease-up of The Ardea, and managed it through stabilization. Management programs included ongoing sustainability and building education events. GEM also focused on quality customer service, by providing 24/7 concierge services to the building.