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as the consultant, the tower cost $ 60 million to construct. Ground was broken on May 29, 1981, and the building was largely completed in June 1983. It was dedicated on
December 1, 1983. The tower adjoins U.S. Bank Plaza at 555 SW Oak Street, a 7-story, 497,800 sq ft (46,250 m)
341:
used for the windows is also pink, an effect caused by its being "glazed in a semitransparent coating of copper and silver that looks pink from the outside". The windows can absorb or reflect light depending upon how much light is upon them, while the surrounding granite may appear darker or lighter
422:
and Wafra
Investment Advisory Group. In 2004, a majority stake in the tower was acquired by California-based Broadreach Capital Partners LLC, which bought-out JPMorgan and Wafra, but Unico continued to own 25 percent. At that time, 92 percent of the building was leased.
1041:
316:
Perhaps the most unusual features of the U.S. Bancorp Tower are its shape and color. Pietro
Belluschi was most concerned about the play of light and shadows on its surface; meanwhile, the SOM team had to work with a uniquely shaped lot due to the
378:
building constructed in 1974. A tower expected to rise about 37 stories was already part of the bank's long-term site plans at that earlier date, but that phase of the plans ended up being delayed until the 1980s.
433:
purchased a majority stake in the building from Unico
Properties; the building had an estimated value of $ 285 million at the time. LaSalle sold their stake in 2015, to TPF Equity REIT that is majority-owned by
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In August 2006, a majority stake in the building was purchased by "institutional investors advised by JPMorgan Asset
Management" for a price of $ 286 million.
438:. Unico Properties retains a minority share in the building. The sale price was $ 372.5 million, a record for any office building in the Portland area.
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footprint. This, in turn, makes it look either extremely slender or wide depending upon one's viewing angle. Belluschi carefully selected the
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389:, and was the regional headquarters of that organization until a 1997 merger moved the corporate offices to
411:, Portland's top-grossing restaurant. It has been cited as the restaurant with the best view in Portland.
342:
than the window panes, depending upon the time of day. The unusual color earned the building the nickname "
637:
Hayakawa, Alan R. (November 27, 1983). "Pink granite, reflective glass triumph of design for bank tower".
338:
414:
In 2000, the U.S. Bancorp Tower was sold for a price of $ 165 million to a partnership of three firms:
809:
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842:
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304:, and with its nearly 69,000 m (740,000 sq ft) office space, it is the largest in
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Sorenson, Donald J. (December 2, 1983). "Regan sidesteps
Feldstein issue at bank dedication".
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39:
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Since a $ 4 million renovation in 2002, the 30th floor of the tower has been occupied by the
778:
415:
374:
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117:
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for the exterior facing. The pink granite covering the building was quarried in Spain. The
397:. As of 2004, U.S. Bancorp had 480,000 sq ft (45,000 m) leased until 2015.
695:"New office buildings take place on downtown skyline, boost economy". (March 24, 1975).
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In 2024, U.S. Bank announced it would not renew its lease and leave the building.
346:". From 2013 to 2015, the entire building underwent interior design renovation.
390:
322:
318:
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Cour, Brian (July 24, 1986). "PacifiCorp units lease 2 floors in bank tower".
588:
293:
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Unico
Properties, Wafra Investment Advisory Group, Broadreach Capital Partners
146:
133:
1006:
394:
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Leadership in Energy and
Environmental Design platinum certified buildings
20:
654:"Portland's 'Big Pink' now certified as green with LEED Platinum status"
939:"Breaking: 'Big Pink' sold in latest massive Portland real estate deal"
535:
472:
Brennan, Tom (May 30, 1981). "U.S. Bancorp begins 'staggering' tower".
334:
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During the 1980s and 1990s, the top floors held the headquarters of
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748:"Portland City Grill among nation's top-grossing restaurants"
19:
For the house associated with Bob Dylan and the Band, see
1037:
Buildings and structures in
Southwest Portland, Oregon
632:
630:
628:
300:. It is the second tallest building in the city after
908:"Big Pink building's sale price was a record-breaker"
716:"Broadreach Capital Partners buys U.S. Bancorp Tower"
321:. Because of the street grid, the tower features no
971:"U.S. Bank to leave Portland's Big Pink skyscraper"
603:"List Leaders: Portland's largest office buildings"
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843:"U.S. Bank Tower could fetch $ 340M sale price"
381:Originally, the building served as the national
292:") is a 42-story, 163.38 m (536.0 ft)
1062:Skyscraper office buildings in Portland, Oregon
539:. Archived from the original on March 24, 2016.
1032:Bank company headquarters in the United States
803:
801:
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451:List of tallest buildings in Portland, Oregon
351:Leadership in Energy and Environmental Design
8:
484:
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349:In October 2019, the building achieved the
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29:
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353:Platinum certification for environmental
1057:Skidmore, Owings & Merrill buildings
1003:Camera feed from atop U.S. Bancorp Tower
808:Culverwell, Wendy (September 10, 2004).
23:. For the British electro-rock duo, see
462:
226:69,000 m (740,000 sq ft)
16:42-story skyscraper in Portland, Oregon
951:from the original on September 5, 2024
918:from the original on September 5, 2024
822:from the original on September 5, 2024
810:"New ownership for U.S. Bancorp Tower"
758:from the original on September 5, 2024
728:from the original on September 5, 2024
542:
7:
1047:Office buildings completed in 1983
906:Hammill, Luke (October 22, 2015).
884:from the original on March 4, 2016
874:"Brewery Blocks sell at a premium"
714:Curl, Aimee (September 10, 2004).
613:from the original on June 10, 2015
14:
841:Culverwell, Wendy (May 4, 2008).
652:Njus, Elliot (October 16, 2019).
853:from the original on May 8, 2021
601:Jenkins, Tam (October 1, 2013).
70:Location within Portland, Oregon
61:
54:
38:
981:from the original on 2024-09-05
872:Rivera, Dylan (July 24, 2007).
169:
44:The building's exterior in 2008
777:Mark Wigginton (May 2, 2003).
248:Skidmore, Owings & Merrill
1:
1022:1983 establishments in Oregon
937:Bell, Jon (August 26, 2015).
847:The Portland Business Journal
721:The Daily Journal of Commerce
431:LaSalle Investment Management
268:Howard S. Wright Construction
205:163.38 m (536.0 ft)
531:"Emporis building ID 122608"
371:Skidmore, Owings and Merrill
359:U.S. Green Building Council
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1052:Pietro Belluschi buildings
779:"Where to eat in Portland"
18:
944:Portland Business Journal
815:Portland Business Journal
752:Portland Business Journal
607:Portland Business Journal
549:: CS1 maint: unfit URL (
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49:
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1027:Bank buildings in Oregon
912:The Oregonian/OregonLive
641:. Living section, p. 14.
84:Unico/U.S. Bancorp Tower
239:Design and construction
339:Pittsburgh Plate Glass
565:"U.S. Bancorp Tower"
505:"U.S. Bancorp Tower"
308:in terms of volume.
163:Construction started
147:45.5228°N 122.6762°W
1067:U.S. Bank buildings
409:Portland City Grill
143: /
102:Architectural style
89:General information
584:U.S. Bancorp Tower
302:Wells Fargo Center
286:U.S. Bancorp Tower
152:45.5228; -122.6762
115:111 SW 5th Avenue
97:Commercial offices
33:U.S. Bancorp Tower
513:Skyscraper Center
402:Louisiana-Pacific
282:
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218:42 (above ground)
210:Technical details
79:Alternative names
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754:. May 11, 2004.
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416:Unico Properties
375:Pietro Belluschi
298:Portland, Oregon
288:(also known as "
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997:External links
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977:. 2024-09-04.
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355:sustainability
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493:. p. E1.
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491:The Oregonian
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983:. Retrieved
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886:. Retrieved
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788:December 12,
786:. Retrieved
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762:December 12,
760:. Retrieved
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387:U.S. Bancorp
383:headquarters
380:
369:Designed by
368:
348:
343:
323:right angles
315:
289:
285:
283:
258:U.S. Bancorp
244:Architect(s)
25:the Big Pink
888:October 20,
857:October 20,
826:October 20,
732:October 20,
665:October 21,
617:November 7,
391:Minneapolis
373:(SOM) with
319:street grid
215:Floor count
150: /
138:122°40′34″W
125:Coordinates
1016:Categories
985:2024-09-05
955:August 26,
922:October 3,
589:Structurae
457:References
294:skyscraper
274:References
223:Floor area
135:45°31′22″N
783:USA Today
683:, p. F13.
395:Minnesota
357:from the
254:Developer
171:Completed
106:Modernism
979:Archived
949:Archived
916:Archived
882:Archived
851:Archived
820:Archived
756:Archived
726:Archived
699:, p. G2.
611:Archived
545:cite web
476:, p. C7.
445:See also
429:In 2008
420:JPMorgan
344:Big Pink
290:Big Pink
112:Location
82:Big Pink
21:Big Pink
536:Emporis
365:History
335:granite
325:in its
312:Design
306:Oregon
197:Height
1005:from
511:CTBUH
331:glass
189:Owner
1007:KATU
957:2015
924:2015
890:2013
859:2013
828:2013
790:2012
764:2012
734:2013
667:2019
619:2013
551:link
333:and
284:The
202:Roof
179:Cost
174:1983
166:1981
94:Type
586:at
436:UBS
385:of
296:in
1018::
973:.
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910:.
898:^
880:.
876:.
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818:.
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798:^
781:.
750:.
724:.
718:.
704:^
688:^
656:.
627:^
609:.
605:.
567:.
547:}}
543:{{
533:.
522:^
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481:^
465:^
418:,
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234:20
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553:)
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27:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
