BPM Real Estate Group Selects Howard S. Wright, a Balfour Beatty Company, to Deliver Landmark Block 216 Project
16 Octubre 2019 - 10:51AM
Business Wire
BPM Real Estate Group has selected Howard S. Wright, a Balfour
Beatty company, to build its 1.1 million-square-foot, mixed-use
Block 216 development in downtown Portland, Ore. The 35-story,
high-rise tower will be anchored by a Ritz-Carlton hotel, bringing
the luxury hospitality brand to Portland and Pacific Northwest for
the first time.
Block 216 will feature 153,000 square feet of Class A office
space, 251-room The Ritz-Carlton, Portland hotel, 138 Ritz-Carlton
Residences, and 10,00 square feet of ground-level retail which
includes a food hall along SW 9th that will open up to a
pedestrian-friendly “festival” street. Located at the intersection
of Portland’s central business and Pearl districts, the project
encompasses a full city block.
“We have a great history working with BPM Real Estate Group
having recently completed Broadway Tower and the Pearl West
building, which is home to our Portland office,” said Troy Dickson,
senior vice president, Howard S. Wright, a Balfour Beatty company.
“BPM Real Estate Group is committed to developing
intelligently-designed projects that greatly enhance their
communities. We greatly appreciate the trust BPM Real Estate Group
has placed in our team to deliver Block 216, which will be an
amazing addition to downtown Portland for years to come.”
To meet the needs of its various patrons, Block 216 will have
dedicated entrances for hotel guests and residence owners, in
addition to hotel amenities including a fitness center,
full-service spa and swimming pool on the 19th floor. The
Ritz-Carlton Residences will also include an eighth-floor owner’s
lounge and fitness facility.
The mixed-use tower will offer multiple food and beverage
options, including a food hall on the ground floor, and an
indoor/outdoor restaurant and bar on the 20th floor. The tower will
provide over 13,000 square feet of meeting space for business
events and special celebrations. With construction underway, the
project is scheduled for delivery in December 2022.
About Balfour Beatty
Balfour Beatty is an industry-leading provider of general
contracting, at-risk construction management and design-build
services for public and private sector clients across the United
States. Performing heavy civil and vertical construction, the
company is part of Balfour Beatty plc (LSE: BBY), a leading
international infrastructure group that provides innovative and
efficient infrastructure that underpins our daily lives, supports
communities and enables economic growth. Balfour Beatty is
consistently ranked among the top general contractors in the United
States by Engineering News-Record. To learn more, visit
www.balfourbeattyus.com.
About BPM Real Estate Group
BPM Real Estate Group (“BPM”) was founded by Walter C. Bowen in
1980. Active across multiple sectors and markets, the BPM can
enhance the value of its properties with superior design,
intelligent development, superior customer focused property
management and efficient partnerships. Dedicated to enriching lives
and inspired built environments, BPM represents an unwavering
commitment to quality in all aspects of a project. From concept to
completion, its holistic approach unlocks value for both tenants
and Owners.
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Matt Averitt +1 214-451-1030 maveritt@balfourbeattyus.com
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