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Old Posted Apr 5, 2007, 6:31 PM
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Port of Portland to decide whether or not to build new headquarters at airport

Port managers recommend headquarters move to airport
Posted by The Oregonian April 04, 2007 16:53PM
Categories: Breaking News

Port of Portland top managers are endorsing the agency's leaving downtown for a new building at Portland International Airport.

Bill Wyatt, the Port's executive director, said Wednesday that he will ask the agency's nine commission members to approve the move at their regular meeting April 11. His recommendation ties construction of a new headquarters to plans for a new airport parking structure.

The seven-story garage project, which could break ground as soon as August, is planned next to the existing terminal garage. The headquarters would add three more stories on top of a portion of the new garage. Total cost estimate: $231 million.

The garage plan has been in the works for 18 months, and midweek parking demand is such that the new structure appeared to be a foregone conclusion. But as recently as June, Wyatt was saying that the combined project's total price tag was such that he wasn't sure he could recommend the headquarters portion.

The offices would cost about $69 million - a number that is "on the high end," Wyatt acknowledges. But he and other managers say the Port stands to save money in the long run by locating most employees in one building instead of splitting them between the airport and downtown.

-- Alex Pulaski
http://blog.oregonlive.com/business/...nd_headqu.html
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Old Posted Apr 5, 2007, 10:25 PM
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I posted a render a while ago. pretty much a curved glass box
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  #3  
Old Posted Apr 11, 2007, 10:19 PM
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Port approves new headquarters and garage
Portland Business Journal - 3:17 PM PDT Wednesday, April 11, 2007
by Matthew Kish

The Port of Portland Commission approved a $247 million combined new headquarters and parking garage Wednesday morning.

The structure will be built adjacent to the existing parking garage at Portland International Airport. Construction will begin in August and will be completed in the spring of 2010. Parts of the garage could be open late next year.

The new garage will have 3,000 parking spaces, nearly doubling the amount of garage parking available at the airport. The new port headquarters will be 194,000 square feet and sit on top of the garage. It will employ the latest in sustainable building techniques, including geothermal heat and a green roof.

The port will sell its existing headquarters in Old Town. It anticipates getting between $25 million and $30 million for the building, which it moved into in 2000.

It shouldn't have any problems selling it.

"We've had a lot of people knock on the door," said Bill Wyatt, the port's executive director. "It's a market that favors us."

The project is necessary because the port is running out of space in its existing office space at PDX. The existing parking garage is also frequently at capacity.

The combined headquarters and garage will cost $195 million. Permits, moving costs and the realignment of Airport Way will bring the price tag to $247 million. The port will finance the project with $144 million in cash. It will also assume $103 million in new debt.

Consolidating the port's operations will allow the port to save money by eliminating duplicate staff and services, such as reception areas. It will also eliminate the 15,000 staff hours spent annually driving between the port's office spaces at the airport and in Old Town. As a result, operating expenses should be cut by as much as 4 percent, allowing the port to realize $89.5 million in savings over 20 years.

The vote passed unanimously, despite commissioners voicing concerns about the size of the project, its budget, and what effect an economic downturn could have on construction.

Commissioners also approved a lease for 114 acres in the Rivergate Industrial District. Trammell Crow Development and Investment Inc., a subsidiary of Los Angeles-based CB Richard Ellis Inc., will develop the property on behalf of MEPT Rivergate III LLC. MEPT LLC is owned by NewTower Trust Co., a Maryland-based pension fund.

The port expects Trammell Crow to attract tenants who will beef up use of the intermodal, or cargo container, shipping facility at Terminal 6.

Only a handful of small parcels of land remain available in the Rivergate Industrial District.

The port expects to close this fiscal year on its next big real estate project, a 700-acre parcel of land near the Troutdale airport.

http://www.bizjournals.com/portland/...ml?t=printable
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Old Posted Apr 11, 2007, 10:45 PM
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Does anyone know why the two headquarters were built separately?
I'm just curious.

At any rate, I recall sometime back that for some reason, according to an article we all read, that there should be a reason to celebrate this happening. Something about property deals or the possibility of buildings getting built, I can't recall. Does anyone else, maybe?
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Old Posted Apr 11, 2007, 10:50 PM
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^only thing I can remember is people questioning whether a move of the Port HQs would be the final nail in the coffin for One Waterfront Place.
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Old Posted Apr 12, 2007, 12:40 AM
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Why would the Port HQ move affect One Waterfront?
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Old Posted Apr 12, 2007, 5:53 AM
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Probably due to more vacant office space in the Old Town area.
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  #8  
Old Posted Apr 12, 2007, 3:02 PM
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There was a rendering on the front page of the Metro or Biz section in this morning's big O. It is a pretty interesting building kinda wrapping around the flight tower. It is meant to look like a ships hull...

Port moves forward on $247M HQ at PDX
Daily Journal of Commerce
by Kennedy Smith
04/12/2007


The Port of Portland on Wednesday voted unanimously to proceed with final design work on a new parking structure and port headquarters to be built at Portland International Airport that could cost as much $247 million.

The development would add 3,000 long-term parking stalls, 500 rental car spaces and 194,000 square feet of office space for staff now housed at the port’s headquarters, built for $20 million in 1999, in Old Town/Chinatown.

Port executive director Bill Wyatt said selling the Old Town building would free up cash flow. The building was assessed last year at nearly $22 million, according to portlandmaps.com, and the port estimates it would be worth $25 million upon sale.

“I’d rather have the resources that are tied up in this building available to the general fund,” he told the board. “This is one of the most liquid assets we have.”

Wyatt said constructing the building in the late ’90s was the right decision, calling it a “great investment,” but, he said, now that new development is popping up in the area – such as the University of Oregon taking over the White Stag building and Beam Development and Bill Naito Co. partnering to redevelop several blocks – the time is right to sell the headquarters and consolidate at the airport.

“It’s always a good market to sell when there is a rising type (office space), and we’re in that market right now, where the cost to construct is driving rents over $30 per square foot,” Mike Thomas, a vice president at the Portland office of commercial real estate firm Colliers International, said. “This is a great move on their part. When they move, the building could compete with any of the new buildings planned for construction in that area at much more competitive prices.”

Money is one of the primary reasons for moving the headquarters to Portland International Airport, with potential for a 3 percent to 4 percent operating cost savings, Wyatt said, or about $3 million to $4 million per year.

The cost estimate for the parking garage, pedestrian tunnels and moving sidewalks is almost $123 million.

The additional cost for the headquarters offices to be built on the eighth, ninth and 10th floors would be $71.4 million. Those offices would include sustainable features designed by architectural firm Zimmer Gunsul Frasca.

Port labor, moving-related costs and inspections for the combined project would cost another $36.6 million, according to Steve Schreiber, director of operations services and chief financial officer for the port.

That totals $231 million, and another $16 million would be needed for the realignment of Airport Way.

Combining these cost estimates and long-term operational and financial benefits, the port determined the parking and headquarters building would net $18.2 million over 20 years.

About $133 million of the money needed to complete the project would come from a combination of working capital generated by parking and car rentals, Schreiber said, along with airport revenue bonds. The port said it would not use tax revenue to pay for the project.

After contract negotiations begin in the coming months, Schreiber said, construction should begin in late summer. A portion of the parking garage would open in early 2008; the garage would be fully operational by summer of 2008. The headquarters would be completed in the spring of 2010.

Portland International Airport went through a series of expansions beginning in the late ’90s and into 2002, Wyatt said, but additional security staff quickly soaked up the extra space.

“It was something we never would have anticipated a decade ago,” he said. “We will look back at this in five, 10, 15 years and ask, ‘Was this the right thing to do?’ I think we’ll agree that it’s a prudent and thoughtful decision.”

Proposed green features

The new parking and headquarters building at Portland International Airport would incorporate sustainable practices, according to architect Zimmer Gunsul Frasca, including a “living machine,” a structure that would treat wastewater and filter it to native landscaping. Current analysis shows the building would attain either a gold or platinum rating through the U.S. Green Building Council’s Leadership in Energy and Environmental Design program. The development would be built by Hoffman Construction.

Source: Port of Portland
http://www.djc-or.com/viewStory.cfm?...29277&userID=1
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  #9  
Old Posted Apr 12, 2007, 9:31 PM
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Found this when I was searching for that rendering (no luck):

New nonstop flight between Portland and Mexico City to begin
Posted by The Oregonian April 12, 2007 13:22PM
Categories: Breaking News

Mexicana Airlines will begin flying nonstop between Portland and Mexico City, the airline announced Thursday.

The new flights, which will operate four times a week, are scheduled to begin June 1. The airline already offers nonstop service between Portland and Guadalajara.

Mexicana carries about 9 million passengers a year, and serves 20 destinations in Mexico. It served 61,717 passengers from Portland International Airport in 2006, a 23.6 percent increase from the year before.

-- Alex Pulaski
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Old Posted Apr 12, 2007, 9:38 PM
pdxtraveler pdxtraveler is offline
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Quote:
Originally Posted by Snowden352 View Post
At any rate, I recall sometime back that for some reason, according to an article we all read, that there should be a reason to celebrate this happening. Something about property deals or the possibility of buildings getting built, I can't recall. Does anyone else, maybe?

I think this was, and I could remember wrong, people conjecturing that Portland Public Schools take the Port of Portland Old Town building leaving the Blanchard site for redevelopment.
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Old Posted Apr 12, 2007, 10:19 PM
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^that would be almost too logical...
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Old Posted Apr 12, 2007, 10:32 PM
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The Blanchard is way too big for PPS. They are looking for something more manageable, so this could be a possibility.
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Old Posted Apr 12, 2007, 10:37 PM
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That WAS it! Thank you, pdxtraveler.

I remember there being an article or something about this. I think it was a MLB in Portland thing...
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Old Posted Apr 12, 2007, 10:39 PM
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^Weston has proposed building 8 point towers with unspecified height for the site if PPS would move out. The MLB stadium campaign people have also tagged the site as a potential stadium site.
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Old Posted Apr 12, 2007, 10:57 PM
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That's it, too! God, all my questions are being answered today.

What is the meaning of life?
(It's worth a shot)
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Old Posted Apr 13, 2007, 10:29 AM
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Quote:
Originally Posted by Snowden352 View Post
Does anyone know why the two headquarters were built separately?
I'm just curious.

At any rate, I recall sometime back that for some reason, according to an article we all read, that there should be a reason to celebrate this happening. Something about property deals or the possibility of buildings getting built, I can't recall. Does anyone else, maybe?
you know, the Port headquarters would have been perfect for Mercy Corps rather than them taking over the sight of Saturday market and turning it into future parking. seems silly that they would push the market further from the sheltered Burnside bridge location where it has been successfully for over 30 years and then try to redevelop a historic building rather than take advantage of a newer building just blocks away next the the chinese gardens.
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Old Posted Apr 13, 2007, 1:43 PM
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I emailed Mercy Corps when the rumor came out about the possible relocation of the Port of Portland and suggested to them of that idea....they emailed back that they looking at all options. I am sure they didn't want to pay the market price. I think it would be an excellent PPS site.
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  #18  
Old Posted Apr 13, 2007, 3:44 PM
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is PPS even considering the move though?
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Old Posted Apr 13, 2007, 5:21 PM
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Originally Posted by Snowden352 View Post
That's it, too! God, all my questions are being answered today.

What is the meaning of life?
(It's worth a shot)
You called?

42
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Old Posted Apr 24, 2007, 4:14 PM
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Pardon our dust: PDX readies for big projects
UPCOMING CONSTRUCTION WORK LIKELY WILL BE LESS INTRUSIVE TO TRAVELERS THAN PAST RENOVATIONS
Saturday, April 21, 2007
ALEX PULASKI

Portland air travelers, brace yourselves: It's time for another round of airport construction projects.

Plans for Portland International Airport constitute some of the most expensive renovations to date, and the first round of big projects since the south terminal face-lift began and the glass entry canopy was completed in 2000. That followed years of delays and detours from projects to beef up the existing parking garage and add driving lanes at the terminal.

But managers at the Port of Portland, which operates the airport, say projects during the next five years should cause considerably less stress for passengers than those begun a decade ago.

"I think this will be much less disruptive, and not as visible to the public," said Mary Maxwell, the Port's director of aviation.

Project costs of as much as $450 million will be paid by various sources, including federal grants, fees from airlines and revenue from parking and car-rental concessions.

Among the construction plans for the airport are:

A second parking garage with 3,500 spaces, designed for longer-term parking. The structure, on which construction is expected to begin later this year, will stand next to the existing garage. Cost: $163 million.

A new Port headquarters on top of the planned garage. Commissioners voted April 11 to proceed with a move from downtown. Cost: Roughly $68 million.

A baggage-screening system, expected to be completed in late 2009 if work begins as scheduled this fall. The new system will allow passengers to return to having bags screened as they check them at the ticket counter, as they did before 9/11 security measures were put in place. The airport will be able to remove giant screening machines in the lobby. Cost: $118 million.

"This is one of the most complex projects you could undertake," Maxwell said, "but passengers won't see any of the construction."

Extending the north runway from its current 8,000 feet to 9,828 feet. Work, which is expected to take place in 2009 and 2010, will allow the north runway to handle larger aircraft -- a necessity for the planned temporary closure of the longer south runway for a complete renovation in 2011 or 2012. Cost of the north runway extension is $52 million; no price tag has been set for the south project.

Realigning the roadway approaching the terminal, expected to start this summer. Cost: $11 million.

Other projects include a $1 million face-lift for the north terminal, about $3.5 million in improvements for the A concourse used by Horizon Air, and designing and building a system to collect runoff from de-icing fluid sprayed each winter on planes and runways.

The Port agreed to pay an $82,500 fine to the state last year because its system had caused repeated water-quality violations in the Columbia Slough, potentially robbing fish of oxygen.

An improved discharge system is expected to cost $30 million to $70 million.

"It's not cheap to operate and maintain an airport," Maxwell said.

Alex Pulaski, 503-221-8516; alexpulaski@news.oregonian.com

http://www.oregonlive.com/special/ou...200.xml&coll=7
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