Beautiful Addition to Portland's Skyline and Economic Recovery
By: Paul Watts, Founder/CEO, Grafitti Removal Services
At July’s CREW member’s luncheon, we were treated to the exciting news of how and TMT Development was progressing on Park Avenue West, the new building at the corner of SW Park Avenue and 9th.
Park Avenue West Tower will be a 30-story, 546,000 square foot mixed-use development in the heart of Portland’s Central Business District. Portland’s newest tower will include 13 stories of Class A office space, 15 floors of residential units, and feature unobstructed, 360-degree views from virtually every floor. Park Avenue West Tower takes a comprehensive approach to sustainability, and has secured pre-construction LEED Platinum certification with the U.S. Green Building Council.
The tower, which is certified LEED Platinum, will be the most environmentally-friendly building in Oregon, surpassing Platinum designation. It was designed to reduce potable water by 40 percent, cut energy costs by 32 percent and features Portland’s first 40,000 gallon rain harvesting tank.
Vanessa Sturgeon, president and CEO of TMT Development, explained some of the great amenities the new tower will offer and how her family works with local contractors and local vendors to bring this new building very local.
Vanessa emphasized the importance of having a local contractor build the towers and explained that Hoffman Construction was picked because of the long friendship and working relationship both families have had over the last 40 years.
When asked how the elevators will cope with the heavy traffic of people and long lines waiting for the elevators, Vanessa explained that TMT Development has installed a state of the art elevator that will move at speeds of 1000 feet per minute. Ladies and gentleman hang on to your coffees, this speed will get you to your destination faster than you can say “ what floor was I supposed to go to.”
Vanessa also announced that River Stone Property Managers will be managing the residential part of the building and TMT Development will be managing the commercial side. One of the most exciting aspects of the new tower is that every floor will have 36” operational windows to let the Northwest sunlight in and give every floor a reason to be in a good mood.