Radiator Building Signs First Major Tenant
- Apr 01, 2014
One of Portland’s most ambitious office developments received a major boost with the completion of a major leasing deal. Developer Kaiser Group Inc. has reportedly contracted for 14,000 square feet in One North Development for the Kartini Clinic, an entity that treats eating disorders in children and young adults. The new tenant will occupy the top two of the five floors of the Radiator Building beginning in March 2015.
The Radiator Building, one of the three new facilities that will be part of One North Development, at the corner of North Fremont Street and North Williams Avenue, will offer a total of 36,000 square feet of commercial space. The development will feature low energy consumption due to the particular construction process that it employs. The building was forgotten for nearly a century, and the developers are betting big on using timber for its frame, making it the first facility of its kind to be built in Portland in 100 years. Currently under development, the new asset will also feature ground-level retail space. Designed by Path Architecture for The Kaiser Group, the building’s name is sourced from its distinctive aspect.
One North will also include two other structures: the East Building and the West Building. Both buildings will offer first-floor retail space and will focus on offering tenants creative office space, a growing component of the West Coast’s current office market. The East Building will total 43,418 square feet of space over four floors, while the West Building will offer 35,671 square feet of space over five floors, as well as community room for both tenant and neighborhood use. The development will also add The Courtyard, bringing 14,200 square feet of shared community space available to everyone. The common space that will be located at the core of the One North development will also offer 123 bike parking spots in a pet friendly space.
Image courtesy of onenorthpdx.com