156 View Homes at 111 SW Harrison Will Begin at $180,000

PORTLAND, Ore.– August 9, 2006 – Harrison, the new residential community formerly known as the Portland Center Apartments, announced today that sales of 156 newly remodeled condominiums in its second residential tower, located at 111 SW Harrison (Harrison East), will begin in October. The release comes after a strong response to the initial offering of view homes at 255 SW Harrison (Harrison West), which is 85% sold. Conversion and remodeling of Harrison East is moving ahead swiftly. Landscape, interior lobby and pool improvements are also underway as the first new owners prepare to move into Harrison West this month.

“We’re delighted at the response to our first offering and are moving ahead promptly with our remodeling and marketing plan for 111 SW Harrison,” said Scott Stehman of Reliance Development. “These beautifully designed units will offer prospective urban residents another great opportunity to secure a view home in the heart of the City."

Initial price ranges for the 156 units in Harrison East were also released today. One Bedroom units will start at $180,000, Two Bedrooms at $270,000, Two Bedroom Penthouses at $500,000 and Three Bedroom Penthouses at $615,000. To secure these initial prices in Harrison East, potential buyers must be registered for the priority interest list at www.LiveHarrison.com.

Panoramic view units in a variety of price ranges still remain at 255 SW Harrison. To see the model units, visitors should come to the Harrison Sales Center, which is open Monday through Friday, 10:00 am to 6:00 pm, Saturday from 11:00 am to 5:00 pm, and Sunday from noon to 5:00 pm.

About Harrison

Harrison is a unique community, encompassing three high-rise residential towers with 537 condominiums including 24 townhomes in the heart of downtown Portland. Each of the three towers offers floor-to-ceiling windows, with stunning views of the Willamette River, the downtown skyline, the West Hills and Cascade Mountains. Shielded from the urban bustle by a network of tree-lined walkways, lawns and fountains, Harrison also offers easy connections to all corners of the City. Portland State University, Riverplace, Keller Auditorium and the downtown shopping district are within easy walking distance. From the 3rd and Harrison Portland Streetcar stop, residents can quickly connect to the South Waterfront, Willamette River Greenway, OHSU via the Portland Tram, the Pearl District and all the attractions Portland has to offer.

Contacts
Scott Stehman Reliance Development  (503) 961-4225	John Mangan MAP Communications email or (503) 701-7503