Moda Tower
Moda Tower (formerly ODS Tower) is a 24-story office building in Portland, Oregon. At 308 ft. (94m), it is Portland's seventeenth-tallest building. Health insurance company Moda Health is the primary tenant of the high-rise. Unico Properties purchased Moda Tower in 2018.
| Moda Tower | |
|---|---|
 Northeast corner | |
  Location within Portland, Oregon | |
| Former names | ODS Tower |
| General information | |
| Type | Commercial offices |
| Location | Portland, Oregon |
| Coordinates | 45°31′06″N 122°40′30″W / 45.5183°N 122.6749°W |
| Completed | 1999 |
| Cost | US$34 million |
| Owner | Unico Properties, American Realty Advisors |
| Height | |
| Roof | 94 m (308 ft) |
| Technical details | |
| Floor count | 24 |
| Floor area | 400,000 sq ft (37,000 m2) |
| Design and construction | |
| Architect | Zimmer Gunsul Frasca |
Moda Tower (formerly ODS Tower) is a 24-story office building in Portland, Oregon. At 308 ft. (94m), it is Portland's seventeenth-tallest building.[1] Health insurance company Moda Health is the primary tenant of the high-rise. Unico Properties purchased Moda Tower in 2018. [2]
History
[edit]Construction on the tower began in 1997 and was finished in 1999 at a cost of $34 million, with Zimmer Gunsul Frasca serving as the chief architectural firm for the project.[1] The building was the culmination of many years of efforts to develop the site into a high-rise building, with the site formerly the home of the Chambers and Gerlinger buildings.[1] Prior plans for the site included one in 1990 to build a 460-foot (140 m), 30-story skyscraper to be named the Morrison Tower.[1] Originally owned by the ODS Companies, it sold the building for $123 million in 2005 to Morrison CF-LLC.[2] The building was sold for $129 million in 2013 to UBS and the name was changed to Moda after ODS Health Plans re-branded as Moda Health.[2][3] In September 2018, the building was acquired by Unico Properties and American Realty Advisors for a reported $178 million.[4]
Details
[edit]The main feature of the building's design is a floor plan that allows for six corner offices on each floor. The first four floors are devoted to city-mandated ground-floor retail (Nordstrom Rack, formerly Copeland Sports) and a parking garage. The parking garage has four levels, while the retail space totals 32,600 square feet (3,030 m2).[1] There is a 60-foot (18 m) atrium on the ground floor at the building's main entrance to the retail areas.[1] The curving facade along the eastern end of the building is supposed to follow a curve in the Willamette River. Moda Tower also has an observation deck on the roof.[1] With 400,000 square feet (37,000 m2) of leasable space, it is the tenth largest office building in Portland.[2]
See also
[edit]References
[edit]- ^ a b c d e f g "ODS Tower". Emporis Gmbh. Archived from the original on October 14, 2012. Retrieved 7 March 2014.
- ^ a b c d Culverwell, Wendy (May 9, 2013). "Will ODS Tower change its name too?". Portland Business Journal. Retrieved 19 May 2013.
- ^ Culverwell, Wendy (March 6, 2014). "What is a Portland office building worth? A lot more than it used to be". Portland Business Journal. Retrieved 7 March 2014.
- ^ Bell, Jon (October 1, 2018). "Downtown Portland office tower sells to a familiar name".
External links
[edit]
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