Quote:
Originally Posted by maccoinnich
It would be tough to remodel that building given that the exterior walls appear to be the primary structural frame. Plus, it's a fairly unusual half block redevelopment opportunity not owned by the Goodmans. I wouldn't necessarily bet on a high rise, but I wouldn't bet against it either.
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You really think the exterior walls are part of the structural frame? I was assuming it was the columns. Part of my thinking is that it could be one large retail space that you likely wouldn't have in a high rise. I'm not sure who the tenant would be. Maybe a drug store?
I've always been surprised by the lack of drug stores in the central city. In most other cities I've been to, there are several Walgreens and CVS stores downtown that seem to do well. The only drug store that I can think of downtown is the Rite Aid on Alder. I know Walgreens backed out of the basement location of the Portland Executive Hilton tower many years ago. Seems odd we don't have more drug stores downtown.