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Framework: Wooden tower on hold
Framework, the first wood high-rise building in the U.S. on hold. The team behind Framework, the 12-story tall wood resilient building planned for Portland's Pearl District, has announced that the project has been placed on hold for the foreseeable future.
Developer Project^ said in a release Monday the postponement is "a result of changing market conditions over the past two years including inflation, escalating construction costs, and fluctuations in the tax credit market. All have impacted the project's bottom line."
Framework was a flagship for cross laminated timber construction, which uses two by sixes glued under high pressure to create large floor panels that can be bolted in to place quickly. One story can be added in a day, as opposed to a week with concrete. CLT was expected to be a boon for rural economies such as the panel manufacturers DR Johnson of Riddle, Oregon. It can also be made from small timber that might have gone to waste.
"Over the last four years, the Framework team has worked with private entities and public agencies that have understood the nature of this project and have supported our efforts to bring this pioneering model to fruition", said Anyeley Hallova, developer with Portland-based project^.
Since the inception of Framework, Portland has witnessed an increasingly tight construction market with increasing building costs which have significantly impacted progress for Framework and other construction projects, the release said.
"Framework has been steadfast in its commitment to social equity and economic opportunity and in its mission to promote rural Oregon economies and deliver affordable housing. We look forward to the opportunity to advance a 2.0 version of the project", said Kat Taylor, CEO, Beneficial State Bank, landowner of the project site. The Albina Community Bank, which was to make way for Framework, remains shuttered at 430 N.W. 10th Ave.
The landowner, Beneficial Bank Corp, was to have its offices there, and a branch of Albina Community Bank (which it owns) at street level. The building was to have spec offices and small, affordable housing units owned and managed by the housing authority Home Forward.
In 2015 the developers told the Business Tribune that Framework would probably be built starting October 2016 and finished in 2017.
Framework was the recipient of a $1.5 million U.S. Tall Wood Building Prize to fund the research into mass timber high-rise construction. It resulted in permits approval for the project which has paved the way for a new wood construction economy. Framework has also won local and national awards in recognition of its innovative and sustainable design.
The Tall Wood Building Prize supported a two-year research phase and performance-based review process. The result was global breakthroughs in structural, fire, and acoustical performance testing that proved tall mass timber buildings can comply with U.S. building code and paved the way for mass timber construction across the country.
Framework received building permit approvals from the State of Oregon and the City of Portland in June 2017, a milestone for the U.S. construction industry.
The Framework Project, LLC, is a collective of industry experts which includes project^, Home Forward, LEVER Architecture, Walsh Construction Co., KPFF Consulting Engineers, ARUP, PAE Consulting Engineers, 2.ink Studio, and StructureCraft Builders, Inc.
Reporter, The Business Tribune
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