The beautiful Hazelfern Farm of 25 years ago is the even more beautiful Laurelhurst of this day.
Had the sturdy old pioneer banker sought to guide the future growth of the city he did so much to develop, when he set aside the land for the Hazelfern Farm, he could not by any chance have chosen better. It is doubtful if there is any high class residence district on the Pacific Coast that in natural advantages, beauty, accessibility, location, and all around desirability can compare to it; certainly there is none in Portland.
Laurelhurst is by natural endowment peculiarly an ideal site for a suburb of fine homes. When W.S. Ladd laid it out as his Hazelfern Farm, it was veritably in the wilderness and the mile and a half to the city lay through forest and by country road.
Now it is the very center of the East Side residence section, yet set apart and forever exclusive from surrounding territory by its advantage of position and location. And with all this, it is a mere 15-minute ride by [trolley] car to the business center.
The advantage of such a soil in a residence district may be seen today in the fine lawns and healthy flower beds that make every Laurelhurst yard an individual beauty spot.
The story of how the choice tract was transformed in a few months from farm to residence district with beautiful homes, paved streets, cluster lights and every possible convenience is as interesting as that of the original Hazelfern Farm of a quarter century ago. The birth of a wonderful development are due to two Seattle men, Frank F. Mead and Paul C. Murphy, who, realizing Portland’s opportunities for legitimate real estate development, came here a little more than two years ago.
They had looked around the city but a short time when they saw the Hazelfern Farm, the present Laurelhurst. Their broad experience enabled them to recognize instantly its great possibilities as an exclusive residence section, and they determined to handle it at whatever cost.
One of their first steps was to interest in their plans for taking over the property, Charles K. Henry and H.R. Burke, prominent realty operators and business men of this city, who with Messrs. Mead and Murphy, organized a company to buy the property. Plans were laid for the development of the tract along scientific and beautiful lines and work commenced at once. Just in a manner to improve the tract, however, was in itself a big problem. Messrs. Murphy and Mead desired above all else to retain the original and natural beauty of the land, so it was decided that all development work should be done with the idea of enhancing and bringing out to fullest advantage this natural beauty. Skilled engineers were employed to make the plans.
To avoid the unsightly cuts and square corners that would have resulted had the streets been made in accordance with the unbeautiful street scheme of the rest of the city, all avenues were laid out in sweeping curves to conform with the natural lay of the land. Two magnificent boulevards, both 80 feet wide, were put in to bisect Laurelhurst from north and south and from east to west.
The improvements involved an immense amount of work and money. When they were completed there were 26 miles of asphalt paved streets, forever banishing mud from Laurelhurst, 52 miles of cement sidewalk and curbing, and many thousand feet of sewer and Bull Run water pipe. All these improvements were put down to last a hundred years.
Even then Messrs. Murphy and Mead were not satisfied until they had installed hundreds of cluster lights, making Laurelhurst as bright by night as by day and the best lighted section in Portland. As a final touch they imported fancy shade trees to plant in the parking between sidewalk and street.
All told these improvements, which transformed in one short year the Hazelfern Farm of W.S. Ladd into the modern Laurelhurst, cost close to $2,000,000. Added to this, the owners had set aside a tract of 25 acres near the center of Laurelhurst, which the city later purchased to keep forever as a city park.
Since that time, the progress of Laurelhurst has been little short of astounding, although it had been foreseen by these gentlemen who had the foresight to see into what the Hazelfern Farm could be made. Already nearly 2000 lots have been sold. Enough buildings have been contracted to bring the number of homes in Laurelhurst by the end of 1912 to 500.
A pleasant feature of all this is that the demand for houses has kept ahead of the supply. Those who have invested in Laurelhurst are persons who have invested that they may own their own homes. The speculative buyer has been eliminated almost entirely from the outset.
Practically all who have bought lots have done so with the end in view of eventually building on for themselves, either with their own funds or by taking advantage of the second mortgage privilege allowed them by the owners of the tract, by which they can obtain financial aid in building, repaying the same by easy monthly installments.
So steady has the demand for building lots been that in the first four months of 1912 alone, ordinarily considered dull real estate months, 350 lots have been sold.
Mr. Ladd, choosing his site for the Hazelfern Farm of his Jerseys, indeed chose better than he ever thought. If there were no other reason for remembering him—and there are many—it would be much to his memory that the spot he picked as the most beautiful and Portland has become the most beautiful and exclusive residence district of not only his own fair city, but all of the Pacific Coast.
|Executive staff and sales force of Mead & Murphy, sales agents of Laurelhurst. Jun 1912.|