As recently as mid-2013, Downtown Portland’s historic—and long vacant—Hotel Cornelius was under threat of demolition by its then owners, TMT. Fortunately the building was sold to Arthur Mutal, a developer with a growing portfolio of adaptive reuse projects. At the time of the sale they were still considering their options for the property, which included “multifamily housing and creative offices”, as reported in the Oregonian.
Documents [PDF] posted on the City of Portland website this week show that the developer plans on bringing the property back into use as a hotel. The project will also incorporate the neighboring Woodlark building, which is currently in use as an office. The preliminary drawings show the ground floor will incorporate a restaurant and separate bar. There will be also be a rooftop restaurant.
A Pre-Application Conference with the Bureau of Development Services is scheduled for December 16th.