The Boomers kids are leaving home and retirement is being redefined. Sitting at home and tending to your garden is just not enough. People still want to live active, adventurous lives and don't have time for big, high maintenance houses anymore. Lake Oswego is answering the call with townhomes and condominiums that just built or being built just off the heart of downtown. These homes are being marketed to aging baby boomers who are still in good health but want to downsize into something big enough for the grandkids to visit but small enough to require minimal upkeep.
City officials are hoping to make downtown Lake Oswego an urban, compact shopping district turning the area into a self-sufficient city. In 2003 the high-end shopping district of Lake View Village opened in downtown Lake Oswego and the idea is to inspire redevelopment on the nearby avenues of B, C and D. A few condos and townhomes are actually now in the works and with Lake O's 60-foot height restrictions, it's unlikely that current residents' views of the Willamette River will ever be blocked.
http://www.oregonlive.com/oregonian/stories/index.ssf?/base/news/117762271483170.xml&coll=7
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