The building was completed in 1977.[1] According to The Oregonian, the building's construction "helped kickstart a much-needed retail revitalization".[2] In 2001, Parr Financial purchased the building from Portland CT Investment Inc. for $13.1 million plus $200,000 in other costs.[3]
Garth Edwards' 1990 brushed stainless steel sculpture Urban Arrangements is attached to the east and west sides of the building.[4][5] The artwork depicts abstract trees and branches, measures approximately 10 ft. x 15 ft. x 1/2 in., and was surveyed by the
Smithsonian Institution's "
Save Outdoor Sculpture!" program in 1993.[4]
The building from Pioneer Courthouse Square, 1986
The building from Pioneer Courthouse Square, 2009
The building behind Pioneer Courthouse Square in 2019