Ladd is NOT luxury and is unduly pretentious. The building was originally planned as a condo, but 2008 financial woes resulted in Ladd becoming a rental complex while it was under construction. The new contractor took short cuts, installed cheap and/or eliminated fixtures, and made structural mistakes within---all readily evident to insiders and residents. There is minimal security and no one capable of effectively responding to emergencies or on duty after 6pm. Lease renewals include a 10 to 13% raise after the first lease ends, and rent increases escalate thereafter with no negotiation entertained. Steer clear of the studios as most are located in the busiest (noisiest) sections and lack A/C. If you wish to rent on the South Park Blocks, you will get much more bang for your buck and peace of mind if you rent from a private landlord at Eliot Tower, Benson Tower, or University Park Condos. Good luck!
So I moved here from living on the east side of the river for 3 years and have currently lived in my studio for the last 5 or 6 months now. I really like it here. The apartment is spacious and well laid out for my needs and the staff here have been nothing but helpful and nice. there is a small issue of sound coming in from the hallway but nothing that really bothers me much. Honestly probably just hanging a curtain or something in the hallway will kill most of the sounds that bleeds in. However I dont hear my neighbors at all through the walls which is awesome and all I really care about. I have lived in some really crappy places and this is a very nice change and I don't really see much to complain about. It would be nice if my unit had AC, some units do come with it, but I didn't find it that bad since I am high enough up I get a good breeze. Love my view of the city at night and how close I am to work and the stores. This was a great find in downtown.
Have lived here over three and a half years and like it very much. The staff turned over quite a bit when we first got here but things have really stabilized. The Ladd has a lot of advantages over many other area high rises. As in the rest of Portland downtown, rents have skyrocketed recently, but that trend is expected to slow. Planned new apartment towers are preparing to begin construction near Fox Tower (15 floors of apartments in a mixed-use office building). That plus another building planned for near Safeway at 11th and Jefferson will add another 350-400 units to the mix within the next couple of years in the immediate area. There are hundreds of apartments already under construction in the downtown core (Pearl, in SW near Lincoln HIgh, and on the inner Eastside). While this construction is helping to add units to the market at a time they are desperately needed, it will be another year or two before rent hikes stop increasing at the rapid clip of the last couple of years. Portland ranked in the top 10 for the nation for effective rent growth in 2012 and again so far in 2013. This year Portland's rents rose an average of 6-9% depending on the part of town you live in (according to various studies). So, long story short, get an apartment that you can easily afford now, because you can expect in a year the rents will be going up. Leave yourself some breathing room if you don't want to be moving in 6-12 months.
Rude/unprofessional staff. The cleaniness has gone down significantly. 2 maintenance staff for over 300 units. Rent increases aggressively every year ( over $200 dollars to $250 a month) so if you are looking for a long term rental, ladd won't be a good option. Parking $165 + utilities and etc so it will add up very quickly. Overall, it's not worth living here.
Not worth your pay! Very good location. Maintenance and services not consistent- Frequent change of staff. impolite and non-professional staff