{"id":1004479666,"date":"2020-10-19T09:32:01","date_gmt":"2020-10-19T17:32:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004479666"},"modified":"2021-09-10T03:34:52","modified_gmt":"2021-09-10T11:34:52","slug":"top-5-office-projects-under-construction-in-portland","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-office-projects-under-construction-in-portland\/","title":{"rendered":"Top 5 Office Projects Under Construction in Portland"},"content":{"rendered":"

Portland, Ore., has been diversifying its economy in the past few years, becoming better-positioned to face the coronavirus-generated fallout and uncertainty. According to Yardi Matrix data, the metro\u2019s development pipeline included some 2.5 million square feet of office space as of October, and a little over 665,000 square feet was delivered year-to-date. The year\u2019s largest delivery was 250 Taylor, a built-to-suit project acquired<\/a> by Prospect Ridge last October.<\/p>\n

A diverse economy also calls for diverse asset types. The pipeline includes Portland\u2019s first biotech facilities\u2014both developed by Summit Development Group\u2014its first luxury hotel, a massive lifestyle community, and the largest project since U.S. Bancorp Tower. More than 1.1 million square feet of office space is scheduled for completion by year-end, with the bulk expected to come online in 2022 due to a delay in construction attributed to the pandemic<\/a>. The list below includes the largest office projects underway in the metro, based on Yardi Matrix data.<\/p>\n