American Bank Building

{{Short description|Historic building in Portland, Oregon, U.S.}}

{{Use American English|date=February 2025}}

{{Use mdy dates|date=September 2013}}

{{Infobox NRHP

| name = Northwestern National Bank Building

| nrhp_type =

| designated_other1_name = Portland Historic Landmark{{citation|author=Portland Historic Landmarks Commission|title=Historic Landmarks – Portland, Oregon|format=XLS|date=July 2010|url=http://www.portlandonline.com/planning/index.cfm?c=44013&a=146276|accessdate=November 13, 2013}}.

| designated_other1_color = lightgreen

| image = Northwestern National Bank Building circa 1913.jpg

| image_size = 150

| caption = Northwestern National Bank Building in 1913

| location = 621 SW Morrison Street
Portland, Oregon

| coordinates = {{coord|45.519321|-122.679037|region:US-OR_type:landmark|format=dms|display=inline,title}}

| locmapin = USA Portland downtown#Oregon#USA

| built = 1913

| architect = A. E. Doyle

| architecture =

| added = September 12, 1996

| refnum = 96001001

| mpsub =

}}

The American Bank Building is a 15-floor building in Portland, Oregon, U.S. It stands {{convert|63|m|ft}} tall, and was built in 1913.{{cite web | url = http://www.emporis.com/buildings/122651/american-bank-building-portland-or-usa | archive-url = https://web.archive.org/web/20150514023518/http://www.emporis.com/buildings/122651/american-bank-building-portland-or-usa | url-status = usurped | archive-date = May 14, 2015 | title = American Bank Building | publisher = Emporis | accessdate = February 20, 2015}} It replaced the Marquam Building.

History

File:American Bank Building (Portland, Oregon), south and east sides.jpg

The building was the tallest in the city for 14 years until surpassed by the Public Service Building in 1927. Designed by A. E. Doyle, it is located at 621 SW Morrison Street, and was formerly known as the Northwestern National Bank Building.{{cite journal|last=Hinchliff|first=Catherine|date=Autumn 2009|title=Architect for a Golden Age|journal=Reed Magazine|url=http://www.reed.edu/reed_magazine/autumn2009/features/architect/4.html}} The building was added to the National Register of Historic Places in 1996.{{cite web | title = Oregon National Register List | publisher = Oregon Parks & Recreation Department | date = October 19, 2009 | url = http://www.oregon.gov/OPRD/HCD/NATREG/docs/oregon_nr_list.pdf | accessdate = November 20, 2009 | archive-date = June 9, 2011 | archive-url = https://web.archive.org/web/20110609105953/http://www.oregon.gov/OPRD/HCD/NATREG/docs/oregon_nr_list.pdf | url-status = dead }} In 2000, Transamerica Asset Management paid $21.7 million to City Center Retail to acquire the building.{{cite news|last1=Bell|first1=Jon|title=Summer sale of downtown office building shows doubling of price, foreign interest|url=http://www.bizjournals.com/portland/blog/real-estate-daily/2014/10/summer-sale-of-downtown-office-building-shows.html|accessdate=1 September 2015|work=Portland Business Journal|date=October 28, 2014}} Transamerica then sold it to SKB Portland Office Investments LLC in 2002 for $22.3 million, who then sold the tower in 2008 for $35.2 million to LaeRoc Partners. In July 2014, the building was sold for $45 million to Independencia S.A., a Chilean company.

References

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