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TMT Development

Jul 12, 2011

Nordstrom landlord sues Park Avenue West developer over site crane

The owner of the building that houses Nordstrom in downtown Portland has filed a lawsuit against TMT Development. The building owner, Parr Financial, claims a crane for TMT's stalled Park Avenue West high-rise project is interfering with the building.

Apr 15, 2011

Which will be first: One Waterfront Place or Park Avenue West?

It doesn’t matter whom I talk to, everyone has the same outlook on where downtown Portland’s office market is as well as where it needs to go. In a nut […]

Apr 15, 2011

Which will be first: One Waterfront Place or Park Avenue West?

It doesn’t matter whom I talk to, everyone has the same outlook on where downtown Portland’s office market is as well as where it needs to go. In a nut […]

Dec 2, 2010

The odd couple: Walmart coming to North Portland?

TMT Development and local project management firm Pac Land are in the early process of obtaining permits to construct a 90,000-square-foot Walmart in North Portland at the southern end of Delta Park East.

Aug 13, 2010

Stoel Rives won’t move to Park Avenue West

Stoel Rives announced the law firm has extended its lease at the Standard Insurance Building, putting an end to the possibility of the company moving to the unbuilt Park Avenue West Tower.

Jun 21, 2010

What’s next for Park Avenue West?

Construction stalled on the Park Avenue West tower in April 2009 because of financing problems. But a few Portland real estate professional believe the project is still well positioned to be completed successfully.

May 13, 2010

What to do with Portland’s big hole in the ground

Our newest reporter Nick Bjork reports that the Portland Development Commission is sticking with its current digs in Old Town rather than moving to Tom Moyer's posh Park Avenue West.

May 13, 2010

What to do with Portland’s big hole in the ground

Our newest reporter Nick Bjork reports that the Portland Development Commission is sticking with its current digs in Old Town rather than moving to Tom Moyer's posh Park Avenue West.

May 13, 2010

PDC votes to stay in Old Town

The Portland Development Commission board of commissioners voted Wednesday to keep their digs in Old Town. The somewhat surprising decision came after landlords of the Mason-Ehrman Building, the Kalberer Co., cut 9,000 unneeded square feet out of the deal, bringing rent and operating costs down.

Apr 28, 2010

PDC stalls decision on future headquarters

The Portland Development Commission board bought an additional two weeks to make a decision on whether to headquarter its operations at its current home, the Mason-Ehrman Building in Old Town, or the future Park Avenue West tower.

Apr 27, 2010

Two buildings court PDC’s favor

The debate over where the Portland Development Commission should headquarter its operations once its lease runs out next year is turning into a heavyweight bout of sorts. In one corner is Old Town and the PDC's current digs, the historic Mason-Ehrman Building. In the other corner is the downtown retail district and the state-of-the-art, albeit unfinished, Park Avenue West Tower.

Jul 27, 2009

Park Avenue West awaits a restart

Though construction on the Park Avenue West tower halted in April, there are new signs the project is moving forward. TMT Development has asked the city of Portland to approve scaled-back plans for the downtown tower. The revamped project calls for 2 bottom floors of retail space topped by 24 stories of office space -- and not a single condominium in sight.



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