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Originally Posted by MarkDaMan
What does your comment have to do with this development? BPM Real Estate is perhaps the most successful current office/hotel development company in Portland. Pearl West, which went up during the recession, and the Broadway Tower have been absolute knock out projects delivering HUGE returns on their investment. Bowen has proven himself to be a savvy developer that has left two gems with a third going up. He's also secured full funding for this tower and they've barely dug up the parking lot.
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True. The big move here is that while there are many hotels going up from large to small boutique type, there is NOTHING going up with more of a differential than the Ritz Carlton tower. It is a mix of homes, hotel/event and work space in one massive tower. Oh and a restaurant/bar and spa 200 feet in the air. This is not for just Portland. It will cater to a very curated Portland experience from design to day trips. The one thing to consider is that with this level of hospitality, the Ritz Carlton will be reaching out to their network of current owners and patrons. Portland will reap the rewards. A special place will be made for little ole Portland.
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