TMT Development
| Company type | Commercial real estate |
|---|---|
| Founded | 1988 |
| Founder | Thomas P. Moyer |
| Headquarters | Fox Tower Portland, Oregon |
Key people | Vanessa C. Sturgeon, President |
| Website | www |
 | This article may have been created or edited in return for undisclosed payments. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view . (August 2020) |
TMT Development is a real estate development company based in Portland, Oregon. It was founded in 1988 by Tom Moyer.
The company owns and operates 8.5 million square feet of commercial real estate throughout Oregon and southwest Washington state.[1] It is among the largest real estate companies in Portland.[2]
History
In 1988, the company was founded by Tom Moyer.
In 1991, the company partnered with the Hillman Group to develop a 24-story office building in downtown Portland at
In 2000, the company completed Fox Tower, designed by TVA Architects and built by Hoffman Construction Company.[3]
In 2011, the family of the founder was engaged in a legal dispute over control when the founder was suffering from alzheimer's disease.[4]
The 30-story mixed-use
Shooting by contracted security guard
A company by the name of Cornerstone Security had a contract to patrol Delta Park Center by TMT Development and it was asked to patrol the area leased to the tenant OBRC BottleDrop to monitor fights and drug dealing.[11] In May 2021, a guard working for Cornerstone who was not licensed to carry a gun on the job fatally shot a subject in a vehicle near BottleDrop who had been previously trespassed for matters relating to drug dealing.[12][2] Out of this incident, security guard Logan Gimbel working for TMT's contractor Corner Stone Security was convicted of second degree murder in May 2023.[11][13]
References
- ^ Stevens, Suzanne (October 2, 2012). "Fox Tower earns LEED Gold". American City Business Journals.
- ^ a b "Security guard charged with murder in North Portland parking lot killing". opb. Retrieved 2021-12-24.
- ^ Basalyga, Stephanie (June 13, 2000). "Fox Tower office space a hot commodity". DJC Oregon.
- ^ Kish, Matthew (November 17, 2011). "Moyer family dispute ends up in court". American City Business Journals.
- ^ Hammill, Luke (March 17, 2016). "Once-halted Park Avenue West tower nears completion (photos)". The Oregonian.
- ^ Mehlhaf, Nina (March 15, 2016). "Park Avenue West building shines for opening after recession". KGW.
- ^ Bell, Jon (May 25, 2016). "Portland's newest office building is all leased up, but the residential side has a ways to go". American City Business Journals.
- ^ Bell, Jon (August 11, 2017). "Park Avenue West fills to the brim with residents and businesses (Photos)". American City Business Journals.
- ^ Monahan, Rachel (March 27, 2019). "Developer Promised Union Jobs in Exchange to Build Tall. The Construction Happened. The Jobs Didn't". Willamette Week. Retrieved April 6, 2020.
- ^ Monahan, Rachel (June 14, 2019). "SEIU Local 49 Sues Over Park Avenue West's Failure to Hire Union Janitorial Workers". Willamette Week. Retrieved April 4, 2020.
- ^ a b "After Indictment of Shopping Plaza Guard for Murder, Prosecutors and Lawmakers Call for Security Reforms". Willamette Week. Retrieved 2021-12-24.
- ^ "Guard hired to protect Portland businesses wasn't firearm certified when he killed man". opb. Retrieved 2021-12-24.
- ^ "Security guard convicted of second-degree murder in North Portland parking lot shooting". opb. Retrieved 2023-08-07.