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PORTLAND, OR (KPTV) – The skyline of downtown Portland will change soon as crews on Friday inaugurate Portland's first five-star hotel, according to its developers.
What used to be a popular place to eat a bite among the dozens of food carts that were going to park on the grounds will host the first Ritz-Carlton hotel in the Pacific Northwest.
FOX 12, Friday afternoon, has been meeting with the Portland-based architecture firm's design team who is leading the project; they say that the all-glbad design was inspired by the way a crystal could form from a stone.
The design could stand out from other buildings in the area that are older and designated as historic.
The construction of the 35-storey tower will cost $ 600 million. This high price is partly a result of the designer's plan to obtain the highest LEED certification for green buildings, with gardens designed to filter rainwater, according to its developers.
The hotel will occupy the top floors of the building with 251 rooms, including eight penthouses. Below, there will be 138 high-end residential condos, as well as offices, shops and restaurants. It is also planned to create a bar on the 20th floor with panoramic views of the city center and the mountain. Hood.
Once completed, this hotel will be the 4th tallest building in the city.
"Never in my wildest dreams had I thought as a child – a poor child from southeastern Portland – that one day I would be able to change the landscape of Portland," Walter said. Brown, CEO of BPM Real Estate Group.
The construction of the building will begin around July 29, according to its developers, who wish to open the building in early 2023.
Portland will join 100 other sites around the world to host a Ritz-Carlton.
At the inauguration of the works on Friday, the developers proclaimed that the building would create 2,200 jobs during construction and 550 permanent jobs once completed. They say tenants will provide $ 10 million in property taxes to the city each year.
Portland Mayor Ted Wheeler attended the groundbreaking ceremony.
"Our city can continue to evolve, to improve while protecting what we love, the ethics of this community," said Wheeler.
Copyright 2019 KPTV-KPDX Broadcasting Corporation. All rights reserved.
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