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Oregon’s pot production future is hazy
Though passage of Measure 91 makes marijuana legal in Oregon, it is still classified by the federal government as a Schedule I drug punishable with jail time and property confiscation. This creates a problem for cannabis producers and distributors seeking banks willing to do business with them, landlords willing to rent to them and developers willing to work with them.
Commercial real estate trends touted by industry professionals
Another year has brought another round of emerging trends in Portland鈥檚 real estate market. Industry professionals, during a breakfast forum on Wednesday, offered insights into what 2015 will bring.
Vanessa Sturgeon, President/CEO, TMT Development
Vanessa Sturgeon spent her summers working with her grandfather, Thomas P. Moyer, at his firm, TMT Development. She went on to earn a bachelor’s degree in journalism in 1999, attended […]
Park Avenue West moving on up
The 30-story Park Avenue West mixed-use tower, being built in downtown Portland by Hoffman Construction Co., continues to rise. The building’s concrete core has reached 23 stories, while structural steel […]
Photos: Park Avenue West steel erection under way
Steel erection is under way on the Park Avenue West project in downtown Portland, where ironworkers are installing beams and columns on the east side of the rising tower core.
2014 Newsmakers: Vanessa Sturgeon
With a slightly revised design that converts condos into apartments and adds a bit of height to the 30-story tower, Park Avenue West is once again rising to take […]
Checking the pulse of Portland’s office market
Though construction has restarted on Park Avenue West, financial feasibility for new office developments will be challenging in Portland in the near future, according to Downtown Development Group co-President Greg Goodman. However, strong demand from creative office users is influencing the metro-area market.
Two tower projects approved by Portland Design Commission
The Portland Design Commission on Thursday approved designs for both Park Avenue West and the Block 67 (Burnside Bridgehead) projects.
Arthur Mutal set to save Cornelius Hotel from wrecking ball
Demolition permits were issued in June, but the historic Cornelius Hotel in downtown Portland won鈥檛 be razed. Portland-based Arthur Mutal Investments LLC is purchasing the 105-year-old building (at 801 S.W. Alder St.) with plans to redevelop it into multifamily housing.
Developer of Park Avenue West project entangled in family feud
Downtown Portland's Park Avenue West project may come under greater scrutiny because of a legal dispute between TMT Development President Vanessa Sturgeon and more than a dozen relatives.
Park Avenue West will move forward in 2013
TMT Development has announced that in late 2013 work will resume at Park Avenue West, a downtown Portland high-rise project that stalled more than two years ago.
Park Avenue West restarting in 2013
It's the news today: work will re-start at the hole-behind-Nordstrom in 2013!
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
