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PORTLAND, Ore. – A 99-year-old brick office building in downtown Portland has been torn down to make way for construction of a 19-story commercial building that will include hotel rooms as well as office and retail space.
Located at 1437 SW Broadway, the two-story brick building was constructed in 1917.
It used to house Oregonians Credit Union, which opened in the downtown building in 1960 to serve The Oregonian newspaper employees, but the facility closed last year.
As previously reported by the Portland Chronicle, In late July 2015 the county recorded a sale of the property from Oregonians Federal Credit Union to Front & Pine LLC, for $1.45 million. This limited liability corporation is registered to Mark G LLC and Greg G LLC, which in turn are registered to Mark Goodman and Gregory Goodman.
On Aug. 10 the city received an application to demolish the 98-year-old credit union building. The permit was issued the same day.
In April the design commission approved plans to build a 19-story tower, called Broadway Tower. The plans call for 180 hotel rooms, 175,000 square feet of office space, ground floor retail and 210 parking spaces underground. The applicant on the project was Phil Beyl of GBD Architects.