Posted Oct 24, 2023, 8:55 PM
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Moderator
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Join Date: Jan 2009
Location: Portland
Posts: 8,082
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Quote:
Why a 30-story Portland waterfront tower is 'on hold'
The developer of a 30-story residential skyscraper on the Willamette said the project is indefinitely "on hold" after permitting took a long time and financing became too difficult to secure.
"We missed our window," said Aaron Jones, co-president of Eastbank Development, an affiliate of NBP Capital.
Jones previously planned on breaking ground midway through this year for the tower where the RiverPlace Athletic Club once operated. The building is proposed for 150 S. Montgomery St.
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...continues at the Portland Business Journal.
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