The Porter Hotel
202 S.W. Jefferson St.
Developer: Widewaters Group
Designer: HC Architecture
Approved in early 2016 and still under construction, the upscale 295-room Porter Hotel is expected to fetch bids worth $147.5 million. Eastdil Secured has the listing. Already branded as part of Hilton Worldwide's Curio line, it is unencumbered by a management contract.
The 16-story hotel will have a high-end restaurant, cafe, indoor pool, 6,000 square feet of meeting space, three rooftop bars and two terraces. It is a 20,400 square foot site north of the KOIN Center.
Source: Real Estate Alert
AGC opposes OSHA rule
The Associated General Contractors call for workers in the industry to oppose the OSHA rule extending the statute of limitations for recordkeeping violantions.
On March 1, the House passed H.J. Res. 83 to repeal the rule.
The AGC says the rule, which extends the limitations from six months to five and a half years, doesn't improve worker safety or health but does expose business owner to unfair liability for honest and inadvertent paperwork mistakes. The rule was issued by the Obama administration in December, but two federal courts have already rebuked it.
For more information, visit the political action section of agc-oregon.org online.
686 S.E. Spokane St.
Developer: Edge Development
Engineer: MEP Consulting
Contractor: Frameworks Construction
A new, three-story residential building with 12 units is going up near the Sellwood Bridge. In blocks that are mainly single-family homes on small lots, two other apartment buildings with approximately 10 units each stand in the same block. A single-family home was demolished to make way.