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[via Flickr]
 
Nike Portland opens downtown store that's half museum, half marketing

In Nike parlance, this is a "brand experience" store. A mezzanine-level image of company co-founder Bill Bowerman gazes from 12-by-7-foot video wall, a statue of Michael Jordan soars overhead and the former Beaverton High School softball scoreboard serves as a giant tabletop. These neck-swiveling pieces serve as the attention-grabbing backdrop for sneakers and clothing from seven Nike sport categories. They complete the experience in the airy, 26-000-square-foot space.
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LINK​
 
The developers behind Portland’s long-stalled Park Avenue West Tower says construction is set to begin again in late 2013.

The 27-story tower project halted in April 2009, when developer Tom Moyer, who had been financing the project -- then pegged at $170 million -- himself to that point, couldn't secure a construction loan. It left a pit in the middle of downtown Portland, just a block from Pioneer Courthouse Square.

“We still strongly believe that the current design of the building is right for downtown Portland,” Sturgeon said in a news release. “We also are confident in the interest expressed by potential tenants whose leases will be turning in 2015 and 2016, when the project is slated for completion.”
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One would think that's bad news but considering the market/economy, having a start-date is very good news!
 
Fez Hammersticks said:
One would think that's bad news but considering the market/economy, having a start-date is very good news!
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Without a Doubt! now next up on my list of long awaiting buildings, is the One Waterfront Place. Maybe once the streetcar gets rolling across broadway, they'll see the value.
 
HailBlazers said:
Without a Doubt! now next up on my list of long awaiting buildings, is the One Waterfront Place. Maybe once the streetcar gets rolling across broadway, they'll see the value.
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They reduced the height just as the economy was taking the nosedive; would they, or could they, go back to the original design and height? They took out (and added office space) 10-floors of residential. If they took the blinders off and thought long-term I could see it happening. But the long layover (it'll total up to five years when they re-start) I doubt it.

Though, even with the reduced height (still 70' taller than the Fox tower) it's a nice contrast to the area:

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Melvin Mark brokerage Vice President Tom Becic says the 12-story, 270,000 square-foot office tower project is shovel ready and is just waiting on a large (100,000-square-foot or so) tenant to move forward.

That’s not really new news, of course. One Waterfront Place has been a project on the books since 1999. The office tower and adjacent garage, proposed by developers Jim Winkler and Bob Naito, was the subject of a disposition and development agreement with the Portland Development Commission starting in 2000. Between 2000 and 2010, that DDA was amended or restated eight times. The final PDC agreement expired this January.

Becic says he still expects to see PDC and the city supporting the project when it goes forward, in one way or another. That’s because he believes the building supports the city’s goals of green development as it has been pre-approved at LEED platinum status. He also suspects a tenant, possibly coming from outside the city or state, could bring hundreds of jobs, which is another prospect that could merit local government support.

The Park Avenue West announcement on Friday was a mix of good and bad news: on the one hand, certainty is a good thing – as long as TMT can stick with its 2013 construction restart date. On the other hand, however, the timeline is a sort of resignation on the part of TMT, acknowledging that it doesn’t think it will have a tenant able to move in for another four years (at the end of 2015.)

Becic feels like One Waterfront Place can do better than that, and could even be “ready to go faster” than already-started Park Avenue West, because the One Waterfront Place project doesn’t need to dig a hole for underground parking.

“An advantage for us is that we’re ready to rock and roll with the right tenant,” Becic said. If that happens, permits will be ready in “weeks, not months,” he said, and the building could be open in two years. The project already has financing secured, pending a tenant agreement, Becic said.

(Note: the broker on Park Avenue West said that project could go forward before 2013 if it secured a tenant, as well. Between now and then, however, the team is moving the crane-off the site and constructing an 8-foot wall to serve as an art project for local youth – to make the next two years of presumed inaction more attractive for passersby.)
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-DJCblog (djcoregon.com)

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The Wendell Wyatt Federal Building renovation:

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[SERA architects]

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[google]​
 
This has turned out a million times better than the original renderings!

Ultra-modern design in the heart of the skyline.
 
Fez Hammersticks said:
This has turned out a million times better than the original renderings!

Ultra-modern design in the heart of the skyline.
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Those windows will be covered in bird shit and they won't be able to clean them.
 
[video=youtube;rH1-E5awPdo]http://www.youtube.com/watch?feature=player_embedded&v=rH1-E5awPdo[/video]
 
[video=youtube;d1I1LjIZf_M]http://www.youtube.com/watch?v=d1I1LjIZf_M&feature=player_embedded[/video]
 
This project has restarted (finally):
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Tuesday marked the start of a four-week TriMet project that will end in a wall of solar panel modules to power the MAX Green Line. The construction is taking place at Southwest Jackson Street, where the South Terminus is located and near the site of Portland State University’s forthcoming College Station.

This marks TriMet’s first effort to harness energy from the sun in powering the county-spanning rail system, and according to the company press release, the agency anticipates savings of $3,680 per year once the 253 modules are installed. The project is budgeted at $370,600, with the money coming form leftover Green Line funds and contributions from Portland General Electric and the Energy Trust of Oregon.

Whoa, whoa…back the truck up. It has been some time since first-grade math, but let’s see here … carry the zero … yup, that works out to about 100 years of savings (assuming $3,680 is the total savings amount every year for the full century) to recoup the initial investment of $370K. That length of time about halves with energy tax credits, but this is still taking “long-term investment” a bit far.
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-DJC blog​
 
An Energy Trust of Oregon rebate and a Portland General Electric green-energy grant will cover $133,200 of the solar station's cost, TriMet said.

Even then, however, it would take about 65 years – at current rates – to pay off the 52-mile MAX system's first experiment with solar power.

Bob Hastings, the TriMet architect in charge of the solar-power structure, said the equation is more complicated. The agency, he said, is being more optimistic about its rate of return. "It will be more like 22.3 years," he said.
 
Grantenfuego said:
An Energy Trust of Oregon rebate and a Portland General Electric green-energy grant will cover $133,200 of the solar station's cost, TriMet said.

Even then, however, it would take about 65 years – at current rates – to pay off the 52-mile MAX system's first experiment with solar power.

Bob Hastings, the TriMet architect in charge of the solar-power structure, said the equation is more complicated. The agency, he said, is being more optimistic about its rate of return. "It will be more like 22.3 years," he said.
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Solar troll?
 
Fez Hammersticks said:
[video=youtube;rH1-E5awPdo]http://www.youtube.com/watch?feature=player_embedded&v=rH1-E5awPdo[/video]
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Portland looks awesome when it's sunny. I get that you don't get as much greenery when you don't have rain, but still, it's so dreary for like five straight months of every year.
 
En Light of the New Portlandia Season

[video=youtube;lH3AYeHOV9M]http://www.youtube.com/watch?v=lH3AYeHOV9M[/video]
 
Grantenfuego said:
An Energy Trust of Oregon rebate and a Portland General Electric green-energy grant will cover $133,200 of the solar station's cost, TriMet said.

Even then, however, it would take about 65 years – at current rates – to pay off the 52-mile MAX system's first experiment with solar power.

Bob Hastings, the TriMet architect in charge of the solar-power structure, said the equation is more complicated. The agency, he said, is being more optimistic about its rate of return. "It will be more like 22.3 years," he said.
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While I'm still not impressed with the savings or returns, or however they are looking at this..... I can say a significant portion of those savings/returns do come within the first few years, because of how the credits from Federal and Oregon, plus the OR trust rebates, work..... So it's not as bad as it really sounds.... But not as good as I'd expect for this sort of project.

Not nearly as retarded as the tram situation, anyhow.... But what possibly could be?
 
New Lloyd District aparments proposed:

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(via OregonLive)

Wow, if these get built in addition to the 32-floor Hotel Tower proposed by Weston Development the Lloyd District is going to have a totally different feel.

It's great to finally see high-rises proposed again. We really haven't seen this since 2006-ish. There has been a ton of mid-rises popping up all over downtown and the Lloyd District this year.
 
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