The Buzz About Portland's Newest Prestige Address

Block 216 isn't finished, but it's complete enough to show off parts of it. That's what project officials did Wednesday afternoon when they let reporters visit.

PORTLAND, Ore. (KPTV) - It's been two years since construction began on a new 35-story skyscraper in downtown Portland and on Wednesday, construction workers poured the last bit of concrete at the top, signaling a new phase in construction.

Around 350 workers ate a free lunch and listened to speeches from high-profile leaders on the construction about the symbolic completion of pouring concrete. They all sat in, what will be, a massive ballroom for the Ritz Carlton Hotel...

O'Bryant Square, in downtown Portland, remains closed. But a potential $5 million federal grant could help spur redevelopment.Chuck Slothower covers real estate and development for the Daily Journal of Commerce.

Portland, Oregon's, appreciation for delicious, locally sourced food, premium wine and the beloved outdoors lends to its global magnetism and allure for travelers and those seeking a vibrant home base.

Packouz Jewelers by R. Mahler will fill out the retail space at the Block 216 tower, known for its future Ritz-Carlton hotel, opening next year in downtown Portland.

The Portland Business Journal reported this morning that the project's developer has landed luxury hotel chain to occupy the upper floors of its planned 35-floor tower in the heart of downtown.

BPM Real Estate Group has named Sarita Dua, MBA of Keller Williams Real Estate Professionals in Portland as the exclusive principal residential broker for the Ritz-Carlton Residence planned by BPM Real Estate Group in its 35- story mixed-use tower scheduled to break ground later this summer and is scheduled to open first quarter of 2023.

Walter Bowen, founder of BPM Real Estate Group, greeted a select gathering of guests this morning to ceremonially break ground on his most ambitious project yet: a 35-story tower that will be home to a 251-room Ritz-Carlton hotel,138 luxury condos, 165,000 square feet of office space and 10,000 square feet of ground-floor retail.

Marriott International, Inc. (NASDAQ: MAR) has signed an agreement with developer BPM Real Estate Group to bring its Ritz-Carlton brand for the first time to Portland and the Pacific Northwest.

Construction crews will break ground Friday on a luxury hotel, condominium and office tower planned on the former site of a landmark downtown Portland food cart pod.