In the heart of Portland lies a piece of land that once held the distinguished title of the most valuable property in the entire state. This area, known as the ‘Golden Triangle,’ boasted a rich history that predated its transformation into the popular One City Center.
Before earning its golden moniker, the plot of land was home to a collection of buildings that had remarkably survived the city’s recurring fires, bearing witness to Portland’s tumultuous history. However, in 1973, a significant transformation took place when these buildings were demolished, making way for what would become the ‘Golden Triangle.’
The ‘Golden Triangle’ was surrounded by the streets of Middle, Federal, and Temple. It transitioned into a 160-car parking lot and became the bustling location of Portland’s Farmers Market from the mid-1970s to the early 1980s. This era marked a dynamic period for the space, drawing both locals and visitors alike.
In 1982, the city of Portland initiated a monumental change by selling this coveted land to the future developer of One City Center for a staggering $22 million. The adjacent section of Middle Street was also reimagined, transforming into a charming brick walking path that remains a testament to the area’s enduring allure to this day.
One City Center, the brainchild of this transformation, was meticulously constructed between 1984 and 1985. Quickly becoming a bustling hub for multiple businesses eager to be part of the city’s ‘next new thing.’ Today, One City Center stands as a symbol of Portland’s vibrant evolution, still housing numerous thriving buildings and serving as a testament to the city’s enduring spirit.