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Lake Oswego Office Highlight: First Addition Neighborhood
  |  Portland

The Hasson Company is a part of many great communities that offer unique features and neighborhoods that make them stand out from the rest. Lake Oswego’s First Addition neighborhood is no different. First Addition is a popular location with great schools, parks, and close to the amenities of downtown. But, this neighborhood didn’t become popular overnight.
 
Spanning North from A Avenue to Tryon Creek and East from Forest Hills Elementary School to State Street, First Addition (ironically Lake Oswego’s third neighborhood, behind Old Town and South Shore/McVey respectively) dates back to the late 1800s. The area was developed as a working class neighborhood made up of smaller bungalows to house those who worked for the Oregon Iron and Steel Company, which called Lake Oswego home from 1882 to 1917. According to the Lake Oswego Preservation Society, the company marketed lots for as low as $25 and many people were buying. Because of the influx of people, the residential and business center shifted to this new neighborhood.
 
In 1909, to better establish the town that had been created and gain some of the security and amenities of larger cities, the residents of First Addition voted to incorporate the City of Oswego. The City Charter was adopted in 1910 and began the shift of a working class town to more residential. As profits in iron and steel dipped, the Oregon Iron and Steel Company saw this as an opportunity to begin developing Sucker Lake (now known as Oswego Lake) and the surrounding land that they owned, slowly but surely developing into the town that we are familiar with today.
 
First Addition remains a charming and historical portion of the city, densely populated with tall deciduous and evergreen trees and filled with many of the creatures venturing up from nearby Tryon Creek. The neighborhood even caught the eye of the American Planning Association in 2007 when it was selected as one of the 10 Great Neighborhoods in America for its dedication to community values and priorities, to both capitalize on the values of the past and plan to ensure quality of life for the community in the future. And, while many are being remodeled today, the home styles are diverse in size and architecture, still maintaining the feel established in the late 1800’s.
 

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About the Author

Ward Spears, Managing Principal Broker

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