TMT Development

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In 1988, the company was founded by Tom Moyer.

In 1991, the company partnered with the Hillman Group to develop a 24-story office building in downtown Portland at 1000 Broadway, blocks from Pioneer Courthouse Square. The Hillman Group later sold its interest in the building to TMT Development.

In 2000, the company completed Fox Tower, designed by TVA Architects and built by Hoffman Construction Company.{{cite news | url=http://djcoregon.com/news/2000/06/13/fox-tower-office-space-a-hot-commodity/ | title=Fox Tower office space a hot commodity | first=Stephanie | last=Basalyga | work=DJC Oregon | date=June 13, 2000}}

In 2011, the family of the founder was engaged in a legal dispute over control when the founder was suffering from alzheimer's disease.{{cite news | url=https://www.bizjournals.com/portland/news/2011/11/17/moyer-family-dispute-ends-up-in-court.html | title=Moyer family dispute ends up in court | first=Matthew | last=Kish | work=American City Business Journals | date=November 17, 2011}}

The 30-story mixed-use Park Avenue West, located next to Director Park and the Fox Tower in downtown Portland, was completed in 2016.{{cite news | url=https://www.oregonlive.com/business/index.ssf/2016/03/park_avenue_west_tower_nears_c.html | title=Once-halted Park Avenue West tower nears completion (photos) | first=Luke | last=Hammill | work=The Oregonian | date=March 17, 2016}}{{cite news | url=https://www.kgw.com/article/news/local/park-avenue-west-building-shines-for-opening-after-recession/84301302 | title=Park Avenue West building shines for opening after recession | first=Nina | last=Mehlhaf | work=KGW | date=March 15, 2016}} By May 2016, the office space had been leased.{{cite news|last=Bell|first=Jon|url=https://www.bizjournals.com/portland/blog/real-estate-daily/2016/05/portlands-newest-office-building-is-all-leased-up.html|title=Portland's newest office building is all leased up, but the residential side has a ways to go|date=May 25, 2016|work=American City Business Journals}} By August 2017, the residential portion was 90% leased.{{cite news|last=Bell|first=Jon|url=https://www.bizjournals.com/portland/news/2017/08/11/park-avenue-west-fills-to-the-brim-with-residents.html|title=Park Avenue West fills to the brim with residents and businesses (Photos)|date=August 11, 2017|work=American City Business Journals}} The building was taller than normally allowed by the building code, however TMT made a deal with the city that in exchange for exception from the zoning code on building height, the building would utilize union janitors and security, however these union jobs were not fulfilled.{{Cite news|last=Monahan|first=Rachel|url=https://www.wweek.com/news/city/2019/03/27/a-developer-promised-union-jobs-in-exchange-to-build-tall-the-construction-happened-the-jobs-didnt/|title=Developer Promised Union Jobs in Exchange to Build Tall. The Construction Happened. The Jobs Didn't.|date=March 27, 2019|work=Willamette Week|access-date=April 6, 2020}} In June 2019, Service Employees International Union Local 49 filed a lawsuit seeking to make this happen.{{Cite news|last=Monahan|first=Rachel|url=https://www.wweek.com/news/city/2019/06/14/seiu-local-49-sues-over-park-avenue-wests-failure-to-hire-union-janitorial-workers/|title=SEIU Local 49 Sues Over Park Avenue West's Failure to Hire Union Janitorial Workers|date=June 14, 2019|work=Willamette Week|access-date=April 4, 2020}}

A company by the name of Cornerstone Security had a contract to patrol Delta Park Center by TMT Development and it was asked to patrol the area leased to the tenant OBRC BottleDrop to monitor fights and drug dealing.{{Cite web|title=After Indictment of Shopping Plaza Guard for Murder, Prosecutors and Lawmakers Call for Security Reforms|url=https://www.wweek.com/news/courts/2021/12/02/after-indictment-of-bottledrop-guard-for-murder-prosecutors-and-lawmakers-call-for-security-reforms/|access-date=2021-12-24|website=Willamette Week|language=en}} In May 2021, a guard working for Cornerstone who was not licensed to carry a gun on the job fatally shot a subject in a vehicle near BottleDrop who had been previously trespassed for matters relating to alleged pallet theft.{{Cite web|title=Guard hired to protect Portland businesses wasn't firearm certified when he killed man|url=https://www.opb.org/article/2021/07/23/portland-oregon-armed-security-guard-police-work/|access-date=2021-12-24|website=opb|language=en}} Out of this incident, security guard Logan Gimbel working for TMT's contractor Corner Stone Security was convicted of second degree murder in May 2023.{{Cite web|title=After Indictment of Shopping Plaza Guard for Murder, Prosecutors and Lawmakers Call for Security Reforms|url=https://www.wweek.com/news/courts/2021/12/02/after-indictment-of-bottledrop-guard-for-murder-prosecutors-and-lawmakers-call-for-security-reforms/|access-date=2021-12-24|website=Willamette Week|language=en}}{{Cite web |title=Security guard convicted of second-degree murder in North Portland parking lot shooting |url=https://www.opb.org/article/2023/05/09/security-guard-convicted-second-degree-murder-north-portland-parking-lot/ |access-date=2023-08-07 |website=opb |language=en}} Gimbel has been sentenced to life in prison in May 2024.{{Cite web |last=McCarthy |first=Connor |date=2023-05-24 |title=Private security guard who shot man outside Lowe’s in Portland gets life in prison |url=https://www.kptv.com/2023/05/24/private-security-guard-who-shot-man-outside-lowes-portland-gets-life-prison/ |access-date=2024-08-12 |website=KPTV |language=en}}

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Category:Real estate companies established in 1988

Category:Companies based in Portland, Oregon

Category:Real estate companies of the United States

Category:Property management companies

Category:1988 establishments in Oregon

Category:1988 establishments in the United States

Category:Companies established in 1988