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Oregonian moving out of landmark building, will sell it

by: KOIN NEWS 6 - The Oregonian has put its Broadway Avenue building up for sale and will move into other leased spaces this summer.The Oregonian has announced that it will move out of its landmark building at 1320 S.W. Broadway by this summer.

The newspaper has been published from that building for around 60 years. But in a story posted on its website Friday morning, N. Christian Anderson III, president and publisher of the Oregonian and the Oregonian Media Group, said all operations will be relocating into leased space in two other buildings.

One is the Crown Plaza at 1500 S.W. First Ave. The other is located at 1515 S.W. Market St.

The Oregonian posted the story four hours after the Portland Tribune emailed Anderson and asked if a building permit that has been taken out for the Crown Plaza was related to the company's move.

The permit identified the new tenant as "Project John" and the work involved entirely remodeling the fourth and fifth floors, reconfiguring private offices, a conference room, a training room, a hospitality break room, and an open office area.

According to the story, the Oregon Media Group will move into the Crown Plaza location.

"We hope to move to the new offices in early summer,” Anderson was quoted as saying in the story. "We're delighted with the Crown Plaza location and the opportunity to create a new work environment that will foster the creativity and focus of our media company."

The story says the company signed a lease this week for 40,000 square feet on two floors at Crown Plaza. The building is owned by Urban Office and Parking Facilities, a partnership of Mark and Goodman families.

The story also says Advance Central Services Oregon, a sister company created Oct. 1 to provide administrative and publishing services to Oregonian Media Group, will also move to 19,000 square feet of leased space on one floor at 1515 S.W. Market St.

Advance Publications, parent company of OMG and ACS Oregon, has announced plans to sell the Oregonian Building.

The paper has been downsizing and shifting its focus to the internet for several years. Most recently in reduced home delivers from seven to four days a week, and has begun reducing the size of the paper from a broadsheet to a tabloid, which it called "compact."