The Marriott and Sixth Avenue Center
Completed in 1997, this complicated retail, hospitality and commercial parking development project highlights Schlesinger Companies’ leadership and expertise in shared parking models. Innovative parking supply agreements were used with many of Downtown Portland’s hoteliers and office users to privately finance the entire development. Sixth Avenue Center contains 43,000 square feet of retail space on two floors, 12,000 square feet of office space, 485 parking spaces on 10 levels, and a 252-room Marriott hotel consisting of 20 stories. To fulfill Portland’s need for more premier hotel rooms, Schlesinger Companies worked with the Marriott Corporation’s licensee to develop the hotel in a tall, narrow form, which is now a graceful accent to the architectural landscape of SW Broadway and anchors the re-development. Retailers currently include one of the top performing Peet’s Coffee stores in Oregon, Office Depot, Rocket Fizz, and TJ Maxx.
The fact that Sixth Avenue Center’s parking structure is consistently one of Portland’s best performing parking structures in terms of usage and revenues – and that the project was completed on time and on budget – is a testament to the development team’s intuition and Star Park’s management expertise.