Moda Tower

{{Short description|24-story office building in Portland, Oregon}}

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

{{Infobox building

| name = Moda Tower

| former_names = ODS Tower

| image = ODSTowerPortlandOR.jpg

| image_size = 220px

| caption = Northeast corner

| location = Portland, Oregon

| coordinates = {{coord|45.5183|-122.6749|region:US-OR|display=inline,title}}

| map_type = Portland downtown

| completion_date = 1999

| building_type = Commercial offices

| antenna_spire =

| roof = {{convert|94|m|abbr=on}}

| top_floor =

| floor_count = 24

| elevator_count =

| cost = {{US$|34 million}}

| floor_area = {{convert|400000|sqft|abbr=on}}

| architect = Zimmer Gunsul Frasca

| structural_engineer=

| main_contractor =

| developer =

| owner = Unico Properties, American Realty Advisors

| references =

}}

Moda Tower (formerly ODS Tower) is a 24-story office building in Portland, Oregon. At 308 ft. (94m), it is Portland's tenth-tallest building.{{cite web|title=ODS Tower|url=http://www.emporis.com/building/odstower-portland-or-usa|archive-url=https://web.archive.org/web/20121014173609/http://www.emporis.com/building/odstower-portland-or-usa|url-status=usurped|archive-date=October 14, 2012|publisher=Emporis Gmbh|accessdate=7 March 2014}} Health insurance company Moda Health is the primary tenant of the high-rise. Unico Properties purchased Moda Tower in 2018.

History

Construction on the tower began in 1997 and was finished in 1999 at a cost of $34 million, with Zimmer Gunsul Frasca serving as the chief architectural firm for the project. The building was the culmination of many years of efforts to develop the site into a high-rise building, with the site formerly the home of the Chambers and Gerlinger buildings. Prior plans for the site included one in 1990 to build a {{convert|460|ft|adj=on}}, 30-story skyscraper to be named the Morrison Tower. Originally owned by the ODS Companies, it sold the building for $123 million in 2005 to Morrison CF-LLC.{{cite news|last=Culverwell|first=Wendy|title=Will ODS Tower change its name too?|url=http://www.bizjournals.com/portland/blog/real-estate-daily/2013/05/will-ods-tower-change-its-name-too.html|accessdate=19 May 2013|newspaper=Portland Business Journal|date=May 9, 2013}} The building was sold for $129 million in 2013 to UBS and the name was changed to Moda after ODS Health Plans re-branded as Moda Health.{{cite news|last=Culverwell|first=Wendy|title=What is a Portland office building worth? A lot more than it used to be|url=http://www.bizjournals.com/portland/blog/real-estate-daily/2014/03/what-is-an-office-building-worth-in.html|accessdate=7 March 2014|newspaper=Portland Business Journal|date=March 6, 2014}} In September 2018, the building was acquired by Unico Properties and American Realty Advisors for a reported $178 million.{{cite news|title=Downtown Portland office tower sells to a familiar name|date=October 1, 2018|last=Bell|first=Jon}}

Details

The main feature of the building's design is a floor plan that allows for six corner offices on each floor. The first four floors are devoted to city-mandated ground-floor retail (Nordstrom Rack, formerly Copeland Sports) and a parking garage. The parking garage has four levels, while the retail space totals {{convert|32600|ft2}}. There is a {{convert|60|ft|adj=on}} atrium on the ground floor at the building's main entrance to the retail areas. The curving facade along the eastern end of the building is supposed to follow a curve in the Willamette River. Moda Tower also has an observation deck on the roof. With {{convert|400000|ft2}} of leasable space, it is the tenth largest office building in Portland.

See also

References

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