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2007
News
March
19, 2007: It's a hot time in Old Town:Beam Development and Bill
Naito Co. have plans for a 9-block area in Portland's Old Town/Chinatown,
and developers say the project may bring the area to "critical mass'
for more building
(Daily Journal
of Commerce)
The
redevelopment of Old Town/Chinatown has been a one-step, one-project-at-a-time
effort for years. But as future projects line up, the area is now running
toward redevelopment. Full
article:
March
23, 2007: A surprising renovation: The White Stag Block
takes shape as an education complex with stylish sense. (Portland
Business Journal)
Tearing
into an old building always brings surprises. For Venerable Group,
Inc., which is renovating the three buildings that constitute the
White Stag Block, the exhaustive effort to create a new Portland home
for the University of Oregon is not exception. Full article:
April 26,
2007: Managed risk key to funding historic renovation projects: $35M White
Stag redevelopment gets equity from lenders, tax credits. (Daily
Journal of Commerce)
For
new construction projects, getting the necessary funding from institutional
lenders generally takes a couple of months. But Portland developer
Venerable Properties spent the better part of last year taking the
necessary steps to start rounding up the dough to redevelop three historic
building that make up the White Stag block at the foot of the Burnside
Bridge. Full article:
August 13, 2007: Portland's
Old Town on cusp of a revival: As the University of Oregon and Mercy
Corps start to move in, old-timers in the community start to look
up. (Oregonian)
Since
time began in Portland, Old Town has been that rough patch in the crook
of downtown where the Willamette River makes its northwest turn. It's been
home for the rowdy men of the forest and shipyards and, in recent years,
drug pushers who've kept their street corner grip even through downtown
Portland's renaissance. But the churn of change--the kind that can transform
an entire neighborhood--is starting to shake Old Town's century-old brick.
Full article:
August 22, 2007: Old Town Education (Editorial Willamette Week)
Whle shiney high-rise development in the Pearl and South Waterfront have hogged headlines, the most important urban renewal project in recent Portland history has attraced little attention: the renovation of the White Stag Block and the surrounding buildings in Old Town is changing the face of the troubled neighborhood and landing the city a top-notch grad school. Full article:
September 11, 2007: Developers hope White Stag is gold: Project reuses beams and bricks to earn its ecofriendly credibility (SustainableLife)
The landmark enon of the White Stag sign continues to blink on and off over the Burnside Bridge, while major changes take place in the buildings below. Full article:
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