Sundeleaf Plaza

The City of Lake Oswego is in the final stages of completing the city’s newest park, Sundeleaf Plaza. The park is centrally located on State Street between the Lake Theatre and Millennium Plaza Park.

Only just a few years ago the lake could not be seen from downtown. In fact, there were no public access points at all. With the construction of Millennium Plaza Park in 2000, and now Sundeleaf Plaza in 2011, the lake is accessible to the public and views of the lake can be enjoyed by those passing through town on Hwy 43.

The plaza is named in honor of Richard Sundeleaf, a prominent Oregon Architect. Mr. Sundeleaf lived in Lake Oswego for a number of years and 9 homes that he built are listed on the City of Lake Oswego’s landmark designation list, including his own home on Phantom Bluff.

Mr. Sundeleaf also built a number of commercial buildings in Lake Oswego including the Lakewood Center, the Lake House Restaurant, the Lake Theatre, and the Murphy real estate building (currrently home to Starbuck’s). His style combined Arts and Crafts with Tudor to create a charming style that had a huge influence on the “village” atmosphere so prominent in Lake Oswego.

The new plaza has views of Lakewood Bay, and a lakeside promenade. The Lake Theatre next door is remodeling to allow for lakeside dining and use of an outdoor fireplace that faces the plaza.

This plaza is a great addition to the many outdoor spaces to be enjoyed in Lake Oswego. It’s another great reason that Lake Oswego stands out as a wonderful community to live in.

News & Notes

 

* Lake Oswego is alive with music and festival fun this summer. To get more info on the  Summer Splash Concerts, Moonlight and Music Concerts and Sounds of Summer Concerts, CLICK HERE.

* Friends of Tryon Creek are leading groups on free guided hikes through the park and forest on Wednesday evenings through August 31st.  Topics will include frogs, bats, owls and salamanders.  Learn more HERE.

* Lake Oswego is holding its 3rd Annual Photo Contest.  Send in your best photos for a chance to win $25., $50., and $100. gift cards!  For contest categories and details  CLICK HERE.

* Average Sales Price declined 7.8% in the Portland Metro area in June 2011 as compared to June 2010.

* Comparing month to month 2011 Sales Prices, the average went up 1/8% in Portland Metro from May to June 2011.

* In Lake Oswego and West Linn, the Average Sales Price in June 2011 was $458,200.  The Average Sales Price in the Portland Metro area was $267,100.

* In Lake Oswego and West Linn the average “time on the market” in June 2011 was 197 days,  whereas the average time on the market in Portland Metro was 134 days.

* Portland Metro saw 1,958 Closed Sales in June 2011, and of those, 104 of them were in Lake Oswego and West Linn.  ***This was a 12.4% increase from May 2011.

* Portland Metro generated 3,143 New Listings in June 2011, and of those, 861 were in Lake Oswego and West Linn.

(***Market data derived from RMLS Market Action Report, June 2011)