Lincoln Center (Oregon)

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Lincoln Tower
Lincoln Center Tower Oregon.JPG
Lincoln Center Tower
General information
TypeOffice
Location Tigard, Oregon, United States
Coordinates 45°26′43″N122°46′26″W / 45.44528°N 122.77389°W / 45.44528; -122.77389 Coordinates: 45°26′43″N122°46′26″W / 45.44528°N 122.77389°W / 45.44528; -122.77389
Construction started1987
Completed1988 [1] [2]
Opening1988 [3]
Cost$14 million [1]
Owner Shorenstein Properties
Height
Roof154 feet (47 m) [3]
Technical details
Floor count12 [1]
Floor area220,000 square feet (20,000 m2) [4]
Design and construction
Developer Trammell Crow Company
Structural engineerT.M. Rippey Consulting Engineers [3]
2 Lincoln Center 2 Lincoln Center Oregon.JPG
2 Lincoln Center

Lincoln Center is a multi-building office complex in Tigard, Oregon, United States. Opened in 1981, the six-building complex was built over a decade and includes the 12-story Lincoln Tower, the tallest building in Washington County. [5] Located on S.W. Greenburg Road at Oregon Route 217, Lincoln Center is adjacent to the Washington Square shopping mall in the Portland metropolitan area.

Tigard, Oregon City in Oregon, United States

Tigard is a city in Washington County, Oregon, United States. The population was 48,035 at the 2010 census. As of 2007, Tigard was the state's 12th largest city. Incorporated in 1961, the city is located south of Beaverton and north of Tualatin, and is part of the Portland metropolitan area. Interstate 5 and Oregon Route 217 are the main freeways in the city, with Oregon Route 99W and Oregon Route 210 serving as other major highways. Public transit service is provided by TriMet, via several bus routes and the WES Commuter Rail line.

United States Federal republic in North America

The United States of America (USA), commonly known as the United States or America, is a country composed of 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico. The State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean. The U.S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The extremely diverse geography, climate, and wildlife of the United States make it one of the world's 17 megadiverse countries.

Washington County, Oregon County in the United States

Washington County is one of 36 counties in the U.S. state of Oregon. As of the 2010 census, the population was 529,710, making it the state's second most populous county. The county seat and largest city is Hillsboro.

Contents

History

Developed by the Trammell Crow Company beginning in 1980, the first building at Lincoln Center was completed in 1981. [2] [6] Additional buildings were completed in 1985, 1988, and 1989. [2] The complex was annexed by Tigard in 1986 after a state commission decided in their favor over Beaverton and Portland. [7] In 1990, Trammell Crow sold the property to the Japanese firm Seiyu International Corporation, headed by Yashimitsu Misawa, for $120 million. [8]

Trammell Crow Company

Trammell Crow Company is a real estate development, investment, and property management company. It has been a subsidiary of CBRE Group since 2006.

Beaverton, Oregon City in Oregon, United States

Beaverton is a city in Washington County, in the U.S. state of Oregon. The city center is 7 miles (11 km) west of downtown Portland in the Tualatin River Valley. As of the 2010 census, the population is 89,803. This makes it the second-largest city in the county and Oregon's sixth-largest city. Fire protection are provided through Tualatin Valley Fire and Rescue, EMS services are provided by Metro West Ambulance

Portland, Oregon City in Oregon, United States

Portland is the largest and most populous city in the U.S. state of Oregon and the seat of Multnomah County. It is a major port in the Willamette Valley region of the Pacific Northwest, at the confluence of the Willamette and Columbia rivers. As of 2017, Portland had an estimated population of 647,805, making it the 26th-largest city in the United States, and the second-most populous in the Pacific Northwest. Approximately 2.4 million people live in the Portland metropolitan statistical area (MSA), making it the 25th most populous MSA in the United States. Its Combined Statistical Area (CSA) ranks 18th-largest with a population of around 3.2 million. Approximately 60% of Oregon's population resides within the Portland metropolitan area.

Misawa was assisted in the transaction by state representative and former Tigard mayor Tom Brian, who received a $2 million commission for the sale. [9] Brian faced formal ethics violations for his role and for accepting campaign contributions from the company and Misawa by the state, as well as charges by the Oregon Real Estate Agency for operating without a license, and a lawsuit by Misawa for an inflated sale price. [8] He settled the lawsuit with Misawa and repaid part of the $2 million commission while Misawa was later arrested in Japan for various fraud charges concerning this and other real estate transactions. [8] The ethics charges against Brian were latter dismissed. [9]

Oregon House of Representatives lower house of the Oregon Legislative Assembly

The Oregon House of Representatives is the lower house of the Oregon Legislative Assembly. There are 60 members of the House, representing 60 districts across the state, each with a population of 65,000. The House meets at the Oregon State Capitol in Salem.

In December 1991, Seiyu Corporation sold the complex to Sanyo Finance Company Ltd. for $102.7 million. [10] Geese made news in 1991 and 1992 after nesting on the balcony of one of the towers. [11] In 1995, SF Oregon Company (a subsidiary of Sanyo Finance Co. Ltd.) put the property up for sale with a listed price of $100 million. [6] In 1996, Knickerbocker Properties (owned by the New York State Teachers Retirement System) purchased Lincoln Center for $89.4 million. [12]

Knickerbocker placed the complex on sale in 2000, [13] with Spieker Properties Inc. buying the center for $118 million in July 2000. [14] Spieker was acquired by EQ Office in March 2001. [15] The building was used in an earthquake response drill by county groups in April 2003. [5] EQ Office sold Lincoln Center in 2007 to Shorenstein Properties. [16]

EQ Office

EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office.

Shorenstein Properties is a real estate investment company that owns interests in 22 million square feet of office space, including 7 million square feet of space in San Francisco, where it is one of the city's largest office landlords. The company has sponsored 11 real estate funds with total equity commitments of $7.9 billion, including $648.5 million from the company.

Details

Completed in 1981, 1 Lincoln Center is five stories tall. [2] 2 Lincoln Center and 3 Lincoln Center are six stories tall and were built in 1985. [2] The newest building, 5 Lincoln Center, was finished in 1989 and is seven stories tall. [2] Located in the Portland metropolitan area, the complex is in the city of Tigard, but uses a Portland mailing address. [17] Lincoln Center is at S.W. Greenburg Road and Oregon Route 217 across from the Washington Square shopping mall. [18] The six-building complex sits on 23 acres (0.093 km2) acres and contains 743,000 square feet (69,000 m2) of leasable space, primarily office space with some retail space as well. [6] The grounds of the center include a duck pond. [11] Exteriors of the office buildings are faced with steel and red bricks. [8] In addition to office buildings, the center includes parking garages. [18]

Portland metropolitan area Metropolitan area in the United States

The Portland metropolitan area or Greater Portland is a metropolitan area in the U.S. states of Oregon and Washington centered on the principal city of Portland, Oregon. The U.S. Office of Management and Budget identifies it as the Portland–Vancouver–Hillsboro, OR–WA Metropolitan Statistical Area, a metropolitan statistical area used by the United States Census Bureau (USCB) and other entities. The OMB defines the area as comprising Clackamas, Columbia, Multnomah, Washington, and Yamhill Counties in Oregon, and Clark and Skamania Counties in Washington. The area's population is estimated at 2,753,168 in 2017.

Oregon Route 217 highway in Oregon

Oregon Route 217 is an Oregon state highway which serves the western suburbs of Portland. OR 217 is a limited-access freeway which connects U.S. Route 26 with Interstate 5.

Lincoln Tower

Finished in 1988, Lincoln Tower or Lincoln Center Tower stands 12 stories tall. [2] Built at a cost of $14 million, it measures 154 feet (47 m) in height. [1] [3] The skyscraper was built on 6.8 acres (0.028 km2) and is the tallest building in Washington County. [1] [4] As the tallest, Tualatin Valley Fire & Rescue use the building for training in fighting fires in high-rise buildings. [19] Lincoln Tower includes a helicopter landing pad on the roof of the 220,000 square feet (20,000 m2) building. [4]

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References

  1. 1 2 3 4 5 Allen, Martha. Tigard celebrates year of great growth, development. The Oregonian , December 29, 1987, West Zoner, p. C8.
  2. 1 2 3 4 5 6 7 Lincoln Center. Archived 2007-03-27 at the Wayback Machine Emporis. Retrieved on August 17, 2008.
  3. 1 2 3 4 Lincoln Center Tower. Emporis. Retrieved on August 17, 2008.
  4. 1 2 3 "Tigard allows Lincoln helicopter station to continue on course". The Oregonian , October 19, 1988, West Zoner, p. C6.
  5. 1 2 Danks, Holly (April 1, 2003). "Earthquake drill will shake up response agencies". The Oregonian . pp. C1.
  6. 1 2 3 Lincoln Center. The Oregonian , November 17, 1995.
  7. ↑ Manning, Jeff (August 11, 1994). "Washington Square still strong, profitable 20 years after debut". The Oregonian. pp. R7.
  8. 1 2 3 4 Mayes, Steve. $2-million payday exacts a toll of grief. The Oregonian , May 3, 1992, Business, p. A1.
  9. 1 2 Mayes, Steve. Ethics panel drops case against Brian. The Oregonian , October 17, 1992.
  10. ↑ Mayes, Steve. Japanese finance company buys office park in Tigard. The Oregonian , January 17, 1992.
  11. 1 2 Gardner, Fran. Mother Goose spins live tale for workers. The Oregonian, May 8, 1992.
  12. ↑ Berton, Brad (August 15, 1997). "Out-of-towners hungry for Portland real estate". Portland Business Journal. Retrieved 2008-08-18.
  13. ↑ Goldfield, Robert (July 11, 2000). "Lincoln Center may soon be sold again". Portland Business Journal. Retrieved 2008-08-18.
  14. ↑ Back, Brian J. (January 5, 2001). "Wheelin' and dealin' kept its pace in Portland area". Portland Business Journal. Retrieved 2008-08-18.
  15. ↑ Brenneman, Kristina (March 9, 2001). "Real Estate: Equity Office envelops Spieker". American City Business Journals .
  16. ↑ "Shorenstein Properties Acquires 4 Million SF Portfolio of Office Properties in Portland, Oregon" (Press release). Shorenstein Properties. March 27, 2007.
  17. ↑ Tims, Dana. Tualatin, Sherwood, Tigard capitalizing on their attributes. The Oregonian , March 19, 2002.
  18. 1 2 Allen, Martha. Trammell Crow plans 7-story office building. The Oregonian , November 14, 1990, Business, p. B7.
  19. ↑ "What is Washington County's tallest building?". The Oregonian. February 15, 1996. pp. West Zoner 3.
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