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First & Main, downtown Portland high rise, sells for $129M
The San Diego-based real estate investment trust, American Assets Trust, has entered into an agreement with the San Francisco-based developer Shorenstein Properties to purchase downtown Portland's newest office building, First & Main.
Critics like latest URA proposal better, not totally
Portland Mayor Sam Adams last week pitched the creation of a 135-acre urban renewal area that would encompass Portland State University. But while urban renewal critics like this plan better than a previously proposed downtown URA, they do not support it fully.
Adams pitches new downtown URA
In his annual State of the City address, Portland Mayor Sam Adams on Friday proposed creating a new urban renewal area encompassing all of Portland State University in Southwest Portland.
Wells Fargo tower gets inspection and cleaning
The 41-story Wells Fargo tower is being cleaned and inspected for water intrusion. The work should be completed in a few weeks.
2 health care businesses opening in downtown Portland
Two new businesses are going into a space at 714 S.W. Washington St. when a renovation wraps up. Any Lab Test Now! and In Shape MD will take up residence by the end of February.
Ladd Carriage House still for sale
The Ladd Carriage House, at 1331 S.W. Broadway, was built in 1883 as a stable for William Sargent Ladd's larger estate. It was rehabbed recently and has been available for purchase for more than two years. The asking price is $1.5 million.
Crystal Hotel promises wild nights for West End
Brewpub and historic preservation company McMenamins will this year complete its newest project, the Crystal Hotel in Portland's West End. Architects tried to preserve the history of the hotel, which in the past 100 years has been an automotive parts store, a bathhouse and a nighttime hotspot.
Skylab downsizes Portland’s Weave Building
The team behind Skylab Architecture鈥檚 much touted Weave project, unable to work within the economic realities of today鈥檚 construction market, is trying a less ambitious development strategy.
Sephora opening store in downtown Portland
Sephora, the worldwide cosmetics retailer originally founded in France, is opening a retail store in downtown Portland at the former Shoe Pavilion location at 419 S.W. Morrison St.
Chaucer Court Apartments being renovated
Renovation work is beginning on the Chaucer Court Apartments in downtown Portland. The 84-unit senior housing residence is in the Odd Fellows Building, a structure built in 1924 and listed on the National Register of Historic Places.
McMenamins Crystal Hotel renovation wrapping up
When work wraps up this spring, the McMenamins Crystal Hotel, a four-story, triangular building at the corner of Southwest Stark Street and 12th Avenue, will have 51 rooms on the upper floors, a restaurant on the ground level and a spa and bar in the basement.
Hush Hush Caf茅 expanding
The Hush Hush Caf茅 is expanding in the Washington Center in downtown Portland. Work on an adjoining storefront will more than double the dining space for the Middle Eastern/Mediterranean restaurant.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
- Beware of when the debt collector comes calling | Opinion
- Assembly of a future workforce begins with an invitation | Opinion
- Beware of overlooking legal requirements for remote workers | Opinion
- Become a critical thinker and transform a workplace | Opinion
- Managing construction risks with international suppliers | Opinion
- A rally with many engines: the lesson of 2026’s first half | Opinion
- Oregon housing challenges persist despite sound and fury | Opinion
- When does an employee’s bullying become harassment? | Opinion
- Ditch disorganization 鈥� the cost of deferred decisions | Opinion
- Consider 10 common risks for healthcare construction projects | Opinion
- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion
