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Storm fails to dampen spirit at Lloyd District 'topping out' ceremony

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Photo Credit: PORTLAND TRIBUNE PHOTO JAIME VALDEZ - High winds forced workers to wave off the final steel beam at the 'topping out' ceremony for Hassalo on Eighth on Monday. It will be installed after the storm passes.
High winds delayed the completion of the "topping out" ceremony at the large apartment project in the Lloyd District on Monday. But the milestone was marked by a gathering of elected officials and executives from the company constructing the three-building Hassalo on Eighth residential complex, anyway.

The ceremony marked the placement of the final steel beam on the project's tallest residential tower. Although a crane lifted the beam towards its final position, workers had to wave it off after it began to sway in the storm-lashed winds. It was installed after the storm subsided.

Photo Credit: PORTLAND TRIBUNE PHOTO JAIME VALDEZ - The final beam for the Hassalo on Eighth project is signed by Oregon Congressman Earl Blumenauer (D-Dist. 3), Mayor Charlie Hales, and Wade Lange, Vice President and Regional Manager of American Assets Trust, Inc., the development company.The ceremony was attended by Congressman Earl Blumenauer, a Democrat representing Oregon's 3rd Congressional District; Mayor Charlie Hales; and Wade Lange, vice president and regional manager of the for American Assets Trust Inc., the development company. They and others signed the final beam before the crane tried to lift it into place.

Hassalo on Eighth is on an oversized "superblock" between Northeast Holladay and Multnomah streets on the north and south, and between Seventh and Ninth avenues on the east and west. It is adjacent to both the eastside MAX light rail and Portland streetcar lines. Pre-leasing of the 657 apartments will being in April an the formal opening is planned for September.

Photo Credit: PORTLAND TRIBUNE PHOTO JAIME VALDEZ - The tallest tower of the Hassalo on Eighth project has reached its maximum height in the Lloyd District.The project will transform the Lloyd District, which has long been a major employment center but not a heavily residential neighborhood. It is expected that a large share of those moving into the apartments will work in the area, and will be able to get around without relying on private automobiles.

And American Assets Trust is planning an even larger residential project across the street from Hassalo on Eighth. The project could include approximately 1,000 apartment in four new building on an adjacent superblock that the company owns.