Moda Tower

Moda Tower (formerly ODS Tower) is a 24-story office building in Portland, Oregon. At 308 ft. (94m), it is Portland's tenth-tallest building.[1] Health insurance company Moda Health is the primary tenant of the high-rise.[2]

Moda Tower
ODSTowerPortlandOR.jpg
Northeast corner
Moda Tower is located in Portland, Oregon
Moda Tower
Location within Portland, Oregon
Former namesODS Tower
General information
TypeCommercial offices
LocationPortland, Oregon
Coordinates45°31′06″N 122°40′30″W / 45.5183°N 122.6749°W / 45.5183; -122.6749Coordinates: 45°31′06″N 122°40′30″W / 45.5183°N 122.6749°W / 45.5183; -122.6749
Completed1999
CostUS$34 million
OwnerUnico Properties, American Realty Advisors
Height
Roof94 m (308 ft)
Technical details
Floor count24
Floor area400,000 sq ft (37,000 m2)
Design and construction
ArchitectZimmer Gunsul Frasca

HistoryEdit

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]

DetailsEdit

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 alsoEdit

ReferencesEdit

  1. ^ a b c d e f g "ODS Tower". Emporis Gmbh. Retrieved 7 March 2014. CS1 maint: discouraged parameter (link)
  2. ^ a b c d Culverwell, Wendy (May 9, 2013). "Will ODS Tower change its name too?". Portland Business Journal. Retrieved 19 May 2013. CS1 maint: discouraged parameter (link)
  3. ^ 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. CS1 maint: discouraged parameter (link)
  4. ^ Bell, Jon (October 1, 2018). "Downtown Portland office tower sells to a familiar name".

External linksEdit