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Results Chart for Delivery Method and Financing
Background informationProject Created: June 22, 2009
Portland Intntl Airport Office Building
Year in Operation:
Water & Waste
Wastewater, Airport, Port, Other Government Building
Design / Construction
The 10-story office building will showcase methods of recycling sewage to sustain the environment. The Port of Portland will have its administrative offices in the building. The building meets LEED gold standards. Sustainable features include geothermal heating and cooling, wastewater treatment, and heating and cooling panels. $10 million of the overall $241 million cost was spent on the sustainability features.
Delivery Method as described in the country where it's located:
Design Bid Build
Is the project still active:
United States of America
Souces of Project Support (Non-monetary)
Access to Land
: The site land is owned by the Port of Portland, which operates the Portland International Airport.
Souces of Project Support (Monetary)
From Public (Government) Sources to Producers
Direct Cash Support: The Port of Portland offset $29 million of the project costs by selling their Old Town headquarters to Washington Real Estate Holdings LLC.
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.
Term for Key Components & Forms of Contract
Initial Design and Construction
Project Value (If and As Known)
Date of Estimated Project Value: October 1, 2007
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