Tom Moyer is halting construction on the putative 32 story tower, Park Avenue West (at this stage it’s just a really big hole in the ground).
Moyer announced today that construction will stop for nine months, a troubling sign of just how far the economy and the financial markets have fallen. Law firm Stoel Rives had already announced plans to move into the Park Avenue West building. The tower was 55 percent leased, an unusually strong demand during a recession.
Portland’s very own Ghost Tower . . . well, it would be if it weren’t currently just a hole.
Update: Per Devlyn’s comment, I guess what we have now in Portland, is our very own Boise Hole!
Dwight Howard‘s rookie season (04-05) stats per/48 minutes

