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Montgomery Park (Portland, Oregon)

Montgomery Park is an office building and former Montgomery Ward mail-order catalog warehouse and department store located in Portland, Oregon, United States, built in 1920. It is listed on the National Register of Historic Places under its historic name Montgomery Ward & Company Building.[1][3] The building is located on property once used for the Lewis and Clark Centennial Exposition, of 1905.[3][5] It was occupied by Montgomery Ward from 1920 until 1985, although the majority of the company's operations at this location ended in 1982.[5] The building is the third-largest office building in Portland with 756,055 square feet (70,239.8 m2)[6].[7]

Montgomery Ward & Company Building
Portland Historic Landmark[2]
Montgomery Park in 2012, east façade
Location2741 NW Vaughn Street, Portland, Oregon[1]
Coordinates45°32′15″N 122°42′28″W / 45.537472°N 122.707915°W / 45.537472; -122.707915
Area8.59 acres (3.48 ha)[3]
Built1920;[1] expanded 1935–36[3]
ArchitectW. H. McCaully[4]
NRHP reference No.85001184[1]
100006705 (decrease)
Significant dates
Added to NRHPJune 6, 1985[1]
Boundary decreaseJuly 9, 2021

Description and original uses edit

At the time of its completion, in September 1920, the building was the largest in the city,[3] as measured by floor space, which was approximately 569,000 square feet (52,900 m2) originally.[3] A 229,000-square-foot (21,300 m2) wing was added to the building's northwest corner in 1935–36, changing what had been an L-shaped building to a roughly U-shaped one.[3] The building has nine floors plus a basement. The 4th through 9th floors were used almost exclusively as warehouse space, while most portions of the 2nd and 3rd floors functioned as office and mail-order workspace. The first floor was used primarily for loading and unloading of freight arriving and leaving by truck or rail and temporary storage of such goods. Three rail spurs served the facility, extending into the ground floor.[3] Among other things, the building is known for its large steel-framed roof sign, the largest sign in Portland,[3] which was constructed in 1925.[4]

Retail store edit

 
Historical plaque

Retail service at this location was relatively limited in its first years. A 1936 expansion added retail space, covering a variety of goods, occupying a new mezzanine floor and parts of the 2nd and 3rd floors. A tire store was opened in an adjacent annex.[3] In the post-World War II years, the Vaughn Street store's business declined steadily. An increasing proportion of the store's customers were attracted to new suburban shopping malls, and in the early 1970s Montgomery Ward began to follow the same path itself, opening stores at Mall 205 and Jantzen Beach Mall, along with a stand-alone store in Beaverton.[3] The Northwest Portland store closed in July 1976, and the building remained in use only for warehouse and mail-order functions and as a "catalog overstock outlet".[3] In 1978, the company built a new warehouse in Portland's Rivergate Industrial District, and in 1982 it closed the Northwest Portland warehouse, eliminating 500 jobs at the site. Only the small "clearance outlet" store continued to operate,[5] and following the 1984 sale of the building, that store closed finally in July 1985.[8]

Renovation edit

 
Only two letters of the large rooftop neon sign had to be altered when the building was renamed from Montgomery Ward to Montgomery Park.

In 1984, the building was acquired by the Norcrest China Company, a Portland property development company owned by Bill Naito and his brother Sam Naito.[5] In 1985, the Naitos initiated a rehabilitation and refitting of the building's interior for use for trade shows, banquets and offices.[9] As part of the renovations, the building was renamed "Montgomery Park". The "notoriously frugal"[10] Bill Naito liked the new name, because it meant that only the "W" and "D" of "Ward" in the huge 14-letter neon rooftop sign needed to be altered, with "P" and "K" letters.[11] The sign was changed in May 1986,[12] at which time most of the renovations also were completed and the building opened for regular use for trade shows, among other uses.

Foreclosure edit

A lender has initiated foreclosure proceedings on a loan tied to the Montgomery Park office complex, owned by Unico Properties. The borrowers owe nearly $150 million, according to a paperwork filed with Multnomah County Recorder’s Office on September 29, 2023.[13] The property is expected to go up for auction in February, 2024.[14]

See also edit

References edit

  1. ^ a b c d e (PDF). Oregon Parks and Recreation Department. June 6, 2011. p. 37. Archived from the original (PDF) on April 25, 2018. Retrieved August 6, 2023.
  2. ^ Portland Historic Landmarks Commission (July 2014), Historic Landmarks -- Portland, Oregon (XLS), retrieved October 27, 2015.
  3. ^ a b c d e f g h i j k l Heritage Investment Corp. (December 5, 1984). "National Register of Historic Places Inventory/Nomination: Montgomery Ward & Co" (PDF). National Park Service. Retrieved February 25, 2016.
  4. ^ a b Tucker, Kathy. "Montgomery Ward/Park Building". The Oregon Encyclopedia.
  5. ^ a b c d Painter, John Jr. (October 4, 1984). "Trade center slated at Ward's warehouse". The Oregonian, p. D8.
  6. ^ Sawyer, Brandon (October 12, 2022). "Largest Office Buildings in the Portland Metro Area". Portland Business Journal. Retrieved September 13, 2023.
  7. ^ Jenkins, Tam (October 1, 2013). "List Leaders: Portland's largest office buildings". Portland Business Journal. Retrieved 7 November 2013.
  8. ^ "Montgomery Ward Clearance Outlet – Vaughn Street Store Closing" (advertisement) (July 18, 1985). The Oregonian, p. A3.
  9. ^ Oliver, Gordon (May 9, 1996). "Bill Naito, 1925–1996: Portland loses a civic treasure" (and sidebar, "The Naito File: Facts & Figures, Awards and Achievements"). The Oregonian, pp. A1, A14–A15.
  10. ^ Zusman, Mark (May 15, 1996). "Editor's Notebook [on Bill Naito's passing]". Willamette Week. p. 4.
  11. ^ Jaquiss, Nigel (July 29, 1998). . Willamette Week. Archived from the original on July 29, 2007. Retrieved January 28, 2016.
  12. ^ "New Look" (photos of rooftop sign, with captions) (May 9, 1986). The Oregonian, p. D11.
  13. ^ "Lender forecloses on Montgomery Park, Portland's third largest office building". kgw.com. October 6, 2023. Retrieved 2023-10-09.
  14. ^ "Lender forecloses on Montgomery Park loan". www.bizjournals.com. 2023-10-05. Retrieved 2023-10-09.

External links edit

  Media related to Montgomery Park at Wikimedia Commons

montgomery, park, portland, oregon, montgomery, park, office, building, former, montgomery, ward, mail, order, catalog, warehouse, department, store, located, portland, oregon, united, states, built, 1920, listed, national, register, historic, places, under, h. Montgomery Park is an office building and former Montgomery Ward mail order catalog warehouse and department store located in Portland Oregon United States built in 1920 It is listed on the National Register of Historic Places under its historic name Montgomery Ward amp Company Building 1 3 The building is located on property once used for the Lewis and Clark Centennial Exposition of 1905 3 5 It was occupied by Montgomery Ward from 1920 until 1985 although the majority of the company s operations at this location ended in 1982 5 The building is the third largest office building in Portland with 756 055 square feet 70 239 8 m2 6 7 Montgomery Ward amp Company BuildingU S National Register of Historic PlacesPortland Historic Landmark 2 Montgomery Park in 2012 east facadeLocation2741 NW Vaughn Street Portland Oregon 1 Coordinates45 32 15 N 122 42 28 W 45 537472 N 122 707915 W 45 537472 122 707915Area8 59 acres 3 48 ha 3 Built1920 1 expanded 1935 36 3 ArchitectW H McCaully 4 NRHP reference No 85001184 1 100006705 decrease Significant datesAdded to NRHPJune 6 1985 1 Boundary decreaseJuly 9 2021 Contents 1 Description and original uses 1 1 Retail store 2 Renovation 3 Foreclosure 4 See also 5 References 6 External linksDescription and original uses editAt the time of its completion in September 1920 the building was the largest in the city 3 as measured by floor space which was approximately 569 000 square feet 52 900 m2 originally 3 A 229 000 square foot 21 300 m2 wing was added to the building s northwest corner in 1935 36 changing what had been an L shaped building to a roughly U shaped one 3 The building has nine floors plus a basement The 4th through 9th floors were used almost exclusively as warehouse space while most portions of the 2nd and 3rd floors functioned as office and mail order workspace The first floor was used primarily for loading and unloading of freight arriving and leaving by truck or rail and temporary storage of such goods Three rail spurs served the facility extending into the ground floor 3 Among other things the building is known for its large steel framed roof sign the largest sign in Portland 3 which was constructed in 1925 4 Retail store edit nbsp Historical plaqueRetail service at this location was relatively limited in its first years A 1936 expansion added retail space covering a variety of goods occupying a new mezzanine floor and parts of the 2nd and 3rd floors A tire store was opened in an adjacent annex 3 In the post World War II years the Vaughn Street store s business declined steadily An increasing proportion of the store s customers were attracted to new suburban shopping malls and in the early 1970s Montgomery Ward began to follow the same path itself opening stores at Mall 205 and Jantzen Beach Mall along with a stand alone store in Beaverton 3 The Northwest Portland store closed in July 1976 and the building remained in use only for warehouse and mail order functions and as a catalog overstock outlet 3 In 1978 the company built a new warehouse in Portland s Rivergate Industrial District and in 1982 it closed the Northwest Portland warehouse eliminating 500 jobs at the site Only the small clearance outlet store continued to operate 5 and following the 1984 sale of the building that store closed finally in July 1985 8 Renovation edit nbsp Only two letters of the large rooftop neon sign had to be altered when the building was renamed from Montgomery Ward to Montgomery Park In 1984 the building was acquired by the Norcrest China Company a Portland property development company owned by Bill Naito and his brother Sam Naito 5 In 1985 the Naitos initiated a rehabilitation and refitting of the building s interior for use for trade shows banquets and offices 9 As part of the renovations the building was renamed Montgomery Park The notoriously frugal 10 Bill Naito liked the new name because it meant that only the W and D of Ward in the huge 14 letter neon rooftop sign needed to be altered with P and K letters 11 The sign was changed in May 1986 12 at which time most of the renovations also were completed and the building opened for regular use for trade shows among other uses Foreclosure editA lender has initiated foreclosure proceedings on a loan tied to the Montgomery Park office complex owned by Unico Properties The borrowers owe nearly 150 million according to a paperwork filed with Multnomah County Recorder s Office on September 29 2023 13 The property is expected to go up for auction in February 2024 14 nbsp Entrance in 2012 on building s west side nbsp Windows above central atrium nbsp Elevator bank nbsp The large rooftop sign which is white in daylight glows in red neon at night nbsp View from Fremont Bridge with Tualatin Mountains and Forest Park in distance nbsp Aerial view from the west southwestSee also editNational Register of Historic Places listings in Northwest Portland OregonReferences edit a b c d e Oregon National Register List PDF Oregon Parks and Recreation Department June 6 2011 p 37 Archived from the original PDF on April 25 2018 Retrieved August 6 2023 Portland Historic Landmarks Commission July 2014 Historic Landmarks Portland Oregon XLS retrieved October 27 2015 a b c d e f g h i j k l Heritage Investment Corp December 5 1984 National Register of Historic Places Inventory Nomination Montgomery Ward amp Co PDF National Park Service Retrieved February 25 2016 a b Tucker Kathy Montgomery Ward Park Building The Oregon Encyclopedia a b c d Painter John Jr October 4 1984 Trade center slated at Ward s warehouse The Oregonian p D8 Sawyer Brandon October 12 2022 Largest Office Buildings in the Portland Metro Area Portland Business Journal Retrieved September 13 2023 Jenkins Tam October 1 2013 List Leaders Portland s largest office buildings Portland Business Journal Retrieved 7 November 2013 Montgomery Ward Clearance Outlet Vaughn Street Store Closing advertisement July 18 1985 The Oregonian p A3 Oliver Gordon May 9 1996 Bill Naito 1925 1996 Portland loses a civic treasure and sidebar The Naito File Facts amp Figures Awards and Achievements The Oregonian pp A1 A14 A15 Zusman Mark May 15 1996 Editor s Notebook on Bill Naito s passing Willamette Week p 4 Jaquiss Nigel July 29 1998 Naito Divided Willamette Week Archived from the original on July 29 2007 Retrieved January 28 2016 New Look photos of rooftop sign with captions May 9 1986 The Oregonian p D11 Lender forecloses on Montgomery Park Portland s third largest office building kgw com October 6 2023 Retrieved 2023 10 09 Lender forecloses on Montgomery Park loan www bizjournals com 2023 10 05 Retrieved 2023 10 09 External links edit nbsp Media related to Montgomery Park at Wikimedia Commons Retrieved from https en wikipedia org w index php title Montgomery Park Portland Oregon amp oldid 1179396955, wikipedia, wiki, book, books, library,

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