Posted Sep 12, 2012, 3:21 AM
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Moderator
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Join Date: May 2005
Location: Portland
Posts: 7,516
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Interesting development...
From the Oregonian story posted above:
Quote:
The latest version, according to Interface's proposal, could be as small as 103,000 square feet, meaning Interface would occupy about a third of the building. It would cost $47.4 million, according to city estimates, and would be backed by $34.8 million in city-issued bonds.
Rent would be $30 per square foot, considerably less than the $40.25 per square foot that the city previously estimated it would cost. The building's smaller size accounts for the difference, said Peter Parisot, Adams' director of economic development.
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