Plans by the Portland Bureau of Transportation and the Portland Development Commission to renovate the 10th & Yamhill Smartpark Garage have received Design Advice. The project is being designed by FFA Architecture and Interiors. The project is intended to address ADA and seismic decencies in the existing structure, as well as improve the ground level retail experience.
The Design Commission has approved the Oregon Convention Center Hotel, which represents one of the final hurdles for the long planned project. The Hyatt Regency branded hotel will include 600 guest rooms and 32,000 sq ft of ballroom and meeting room space. The ground level of the 14 story building will include public facing spaces including the main lobby, a restaurant, bar, the junior ballroom and a 24-hour retail market. The second and third floors will include the main ballroom, meeting rooms, a fitness center, and a Regency Club lounge. Guest rooms will be located in the body of the 180′-6″ tall tower, on levels 3 to 14.
The hotel is being developed by developer Mortenson, with a design team that includes ESG Architects and Mayer Reed Landscape Architecture. The $240 million hotel is being funded from a mix of public and private sources. $165 million will be invested by Hyatt/Mortenson Development, while Oregon Metro will contribute $60 million in bonds backed by lodgings tax revenue expected to be generated by hotel guests. Additional funding sources includes $4 million from Metro’s Convention Center reserves and $10 million from lottery funds.