The Oregon daily journal. (Portland, Or.) 1902-1972, April 07, 1907, SECTION TWO, Page 21, Image 21

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r;l5 11 . r-y ; ; --fll residence orf pleach
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.Wooden , Shacks Giving Way to
Permanent Structures All
Over Portland.
LEASES SIGNED ON
SOME, PROMINENT-SITES
CiJlfornla Man Tlw Tylor Street
Property, and Negotiation Are on
for Northwest Corner of Fourth
ad Alder Streets. '
, April i ... .1. . . . . tui.osi
April i.,;.,...t. ti.oe
4 April I.., j.. 1,41T
April 4................. 111400
,Aprtl I, .....,... 7.4
April f.. .10.161
BuIUUi4T Varmlta h Wt '
-9 1 April . &......'. .
4 .April
; April ...,............. I7.0I9
April ........... '-. -
' April I. .. . !. 4
4 .April- Jt... 4
4 .I'li.'is j(. j: ii in i t 4
' 4 4 4 4 4 4 4 4 4 4 4 4 4
' Announemnt wis nade durlBf h
'feaift .". of, tha rtaltto-"AVer uwTer
.long laaa of two -valuable lmlda eor
aera, both of which -ara to ba lniprovad
'with "modern np-to-lta bulldlnra. '.
The dlapoaltlon of Portland property
(holder . to, eacapa. the reaponatbllltr
and annoyance of Improving- their hold
, Ing-a bf alTtnc lone time ground leaaea
-to builders seems Ui be on the Increase.
. .1 A few years ago such a thing waa
" eliaoet unknown here, exenpt In a tew
Instances , along Second street,- where
- Chinese secured ground leases and Im
proved them with a cheap class of
two-stary buildings. . " '
' - In the laat year or two, bowerer, ev
'eral'Of the moat valuable business
corners In the city have bean leased
for a long term of years and ara being
improved wjth , handsome offloe end
-business structures. The Bwetlsnd
." building, at . Fifth and Washington,
stands oa ground that was leaaed for
v.?ft rears at a large annual rental. The
.v ., . .. v.i i-.: . r ' ?n . m ' i t - - , i a i
il': :;.,' I . i. 1 . V. III ' ' - yw-----w
"rothschild Bros, hare Just begun elear
' Ing ground for a seven-etorr strueure
' at Fourth and Washington to-be -built
on ' ground on wbloh they i hold aIO-
fyear lease.' "' ,,--v ; - Tj
' . Hofld'aa Stark Street. ' -
' The 'northwest ernsr of Fifth "and
'Stark, belonging to the Mathew Brady
aetata, has been leaaed for a term of
' years-and will be the-site of an eight
story building, to bs dsvoted to bull
ness purposes as .soon aa the present
' tenants can be gotten rid ot, It Is
reported the Bank of France, an In.
stltutlon with branches In San Franclaoo
and Los Angelea, la Interested In the
.lease of this property and will occupy
part of the ground floor with a branoh
establishment In thl-clty.
A -year lease has been taken by
- a Ban Francisco Investor on the lot at
- the southwest corner of Seventh and
' Taylor streets. The contract calls for
ths srectlon of a five-story building and
the payment of an annual rental of
a'U.OOO. The contract slso provides that
the lease-holder may purchaaa the lot
t . any time upon tha payment of
tSMOO. ' "- "
i Arts romrth and Aids..-. '
, Negotiations have been In progress
for soms tlms looking to ths leasing of
, the north weat ' corner - of : Fourth and
' Alder-streets. The property consists
of a quarter block and belonga to the
Northrup estste. There- Is- said to- be
very little, difference -between the par
ties to the negotiation and It Is thought
, : that tha deal -will go through In a
hort i time.' A prominent wholesale
business firm Is aftsr ths property and
, will build a six or eluht-story building
there In case the negotiation is success
fui. -
Architect W. I Morgan hss leased
from J. M. Healy the northwest corner
of East Washington street and Qrsnd
avenue, for a term oi 10 yeara and has
begun the erection of a three-story
' brick buln bouee on tha site.
. The Hawthorns outfit no, v.
ersl stt-s In the .'! . -.
trtcf. :i of HH, i ,
1 i t e l-.-e I
tycto
b in, j r-.i
ft-.' e-
A. t'
OELLAR STORE IS
, BEInG REfCOVATEO
Increased " I Business 'V Demands
Extensive imprpvemenxs .v ,xo-j
ETrst Street Establishrnent,;
- Hie-' t-'r ....... t v ' ! - f-.T r..1.
John DsUa'r,' tha weU-knowh 'First-
street merchant,"' has ; seourea a lease
for a term of years on tha Woodward
building now occupied by hire at-the
southwest corner, of , First and TamhIU
streets .and . will , expend- about. 19.00
In Overhauling tbestracturaand adapf
lng It to the requirements or moaern
business methods. Ths ground j. floor
wlU be completely renovated and tha
basement fitted up aa a salesroom. Mr.
Dellar is considering the feasibility- of
adding , two , stories to ths building.
While the. structure was put up many
rears i ago, ' It "was constructed along
modern Unas, that Is. with a deep foun
dation and heavy walls so that It will
easily support, two additional stories.
' Ona bv one, the old business houses
In the early retail, district, along Flret
and Second street a ara being overhauled,
and In soms Instances practically re
built lrf - order ,to meet the march of
progress In ths demands of modern bus
iness. r,r . ' ' -, ,(
HOUSE OF NATIVE WOODS
z; ; , . .,'' ' -' -v -
Healy Realdene to Be Unique and
' ; Remarkably' Attractive Home.. :
Joseph M.' Healy. a pioneer In Bast
Side realty- development, hss commis
sioned architects to - prepare tha plana
for a bungalow to be erected on Council
Crest. Tbe building will be- something
unique in the way of a Portland home.
Tha structure will be constructed of fir
logs upon - which - the bark will be re
tained. Tha Interior walls and casings
ara to be of native Oregon woods in- ths
natural grain. Several , walnut trees
ara now standing-- on . the site of-the
Kill ' I 1 II I ' I
I a a 1 lll.lll I I - I II I '
I I 4 I I 'IB I , ' :K ''
Til .,r-ir It : t 111 j I
I ,11111 VI I I I P J I .
r I . . 1 1 I - l ' 1111' III 111 I . I ' . ' ' .
- . V . v- - 1 - J I Villi. i en
i . i - T : i i i i i h ga g ' i . '
- . E.nt-wwi!iiLti. wt.-yyvy 1 n iiw1...! ' iyjwvg.vw',-'.iifr?y r. vmmw
: w, 0 :
' -U: -iii v ,; u 4"
WooiJwsrd nulldiuj, First and Yamhill Streets, to
Overhauled If, John Dellar. ..
TIIC OREGON . SUNDAY JOURNAL. PORTLAND, SUNDAY. ; MORNING. APRIL 7, . 1S07.
IS EVIDENTLY :
proposed building. These ara i to be
used In veneering tha entire Interior of
several of ths rooms. . -.
One or more of tha rooms are to hare
a veneering of tamarack, while all the
bedrooms ara to have a veneer finish of
Oregon maple. When finished tha bun
galow will her coat Mr.- Healy a tidy
sum,, but he. will, have- one of tha most
attractive homes In a alty .that- Is rapid-
lv - hManlns aoteA foe ita .-aleaant
residences. - v ..
iSECiTYBOOKLET
Information as WeI aa AdTertlslig
by i Hartman roV Thompson : tV
' Hartmaa AS Thompson are getting out
a booklet on Portland, with special ref
erence to Boas Cltr Park, which will be
eent in - answer ' to .eastern inquiries
seekng Information about Portland, or
vicinity. : - While .the booklet wtU be
mainly devoted to setting forth the ad
vantages or Ross City Park aa an In
vestment, or as a residence district. It
will contain muen interesting and val
uabls information of Portland and sur
rounding territory. v
Portland ' reeldents - may leave v the
names and address of - eastern- friends
at Hartman A Thompson's office and
tha booklet will be mailed to them. ',,
Tl rvintton Improvements.
. Work 'of putting the It lots of Ir-vington-in
flrst-clsss condition la pro.
greasing rapidly. - Water,- sewer and gas
pipes ara all laid ao that connections
can be quickly mads from every lot In
the tract, and the' atreeta are being
graaeor- ana "siaswancea and - tha ' shsds
trees hare been planted on all ths thor
oughfares. All tha cross streets ara to
be macadamised and Thompson street
Is to bs laid with bttullthlo pavement
As ths streets ara all parked and there
are building restrictions this new sec
tion of Irvlngton between Brasee and
Thompson and Seventh and Thirteenth
promises to bs the most attractive resi
dence . location on the east side. C. K.
Henry Son. who ara handling .this
tract, have already mads several res
ervations for prominent men who have
looklns - for a select location In
which to build. - - .
enlarged . and
STORES WILL
RISE:
1 ; .
-S -ar
Neyi,,'"lChrIstlan I; Association's
Home to Be Surrounded by
Business Structures.-
SALES CONSUMMATED ;
'--ALL OYER- PORTIUND
East Side Realty aa Active ai Erer,
- and.; Dealers in Suburban Reat
. denoe ' Lota Report a Strong De
mand for Them. ,;,'; .',';';''
It la tbe opinion of many of Port
land's .realty dealers that the location
of tha T. M. a A.T..W. C. A. on Tay
lor between Sixth and Seventh streets
will result tn creating another -retail
center In Portland. A general advance
in valnea In tha district south of 'Mor
rison and west of Fourth or Fifth street
la looked for. In fact tt may- bo said
that such an advance has already taken
place.-but the marking up -ot .prloaa has
been nothing like what may be expected
immediately after ground is 'broken for
the new ft 00,009 home of tha two aa
soclations. ' "".','
Frleso Cratnf . Vp
' Immediately after tha selection of the
sits was announced one of ths best In
formed .realty brokers In tbe city re
marked that .within one year It would
bs Impossible to buy a lot within three
blocka of the association nuuaing ror
less than 11.800 a front foot, and that
nrobably ths corners will bring 1600
mora per foot than that sum.
Already two saiea or corners in tnat
immediate, vicinity . have . been -'. made.
A. O. Ames of Los Angeles has pur
chased from Miss- Aiblna Page the sln-
gls lot at ths southwsst corner of Sixth
and Salmon streets. Mr. Ames - an
nounces that he will put a substantiar
improvement on his purchaee, but -ths
nature of tha proposed building has aot
been made public.
Ths southwest - corner or nixtn ana
Taylor street a facing' tha entrance to
the T. M. C. A. building, -has passed
Into' ths handa of a local capitalist, who
proposes to erect at once a five-story
brick onhe sits. Ths entire building
will bs occupied by ens firm; the leaae
contraet having been signed. '- Charlea
K. Henry A Bon negotiated both of
these sales, but In neither Instance was
ths consideration made known.
- Sign -Teejr leaee. L
A 8aa FranoisoO laveator has taken a
ll.raar kaas on the 10-foot lot at tbe
southeast corner of Seventh and "Taylor
atreeta Ths contract of leaae calls for
annual rental of , 11.000, which Is
equivalent to six psr cent on 150,000.
The contract also . provides that ths
lessee may purchase tho property at any
time during the life of . the leaae for
160,000. Baaed upon this transaction It
Is not thought-probable that either of
the two bona fide sales reported In this
district were made at a rate of less than
$1,000 per foot. i .
It Is known that sales or two other
choice sites la that vicinity are under
consideration. v' ..,'. ,
A greater part of ths property for
i 'SPREA
two or three blocks south and west of
the T. M.VC. A.-T. .W. C. A. building
site la owned by small holders, who
live there and who It is thought will
take advantage of tha opportunity to
dispose of their holdings at ths, pre
vailing good prices. ' - , " ''"''"):,';..'
, ' Island la Colombia Sold. .' ''i
. But buying was by no means confined
to that district- Ths movement was
vary, general la all parts of the city. A
sale of interest was that of Batcheller
Island In tha Columbia river, -10 miles
below Portland; by ths Reed estate to
W. W. Cotton, D. B. Keesey and L H.
Tarpley for, 150,000. The Island; con
tains about i I0O acres and - la . well
stocked wlth horsse and cattle- It Is
reported that ths purchasers propoee to
utilise tha Island aa a farm for breed
ing fine dairy cattle. It la considered
an Ideal spot for a dairy ranch.
J. O. Rountrse has sequlred tt acres
of Hood River apple land for which
he paid $10,000. The traet. Is several
miles south of Hood River in" the heart
of tha fins appl belt - Mr. Rountree
will Immediately have It . cleared and
sat out In young trees,
Sebastian Natsehe. ..-who . recently
sold tho Oregon hotel property at First
and Davis streets, has lust purchased
tho Overland hotel at Flrs and Couch,
for $$1,000. This property belonged to
tha Portland , Trust Company . of Ore
gon..-- t -- ''. '
The Hotel Haskina at tha northeast
comer of Ninth and Flandera streets.
waa - purchased .during, tha. week Just
closed by - John H. - Montgomery for
$10,000. The property, belonged to H.
Wsmms and In. addition to tha hotel
coupled by a residence, .
A local Invsstor purchased from R.
H. Wallace a 60-foot lot on tho north
west corner of - Seventh . and Ollsan
streets for $lt,000. Ths TlUe. Guar
antee A Treat company aa- trustee took
utia to in prtmsrty; r-
. salsa Made seif here. .
Another fair stsed sale waa reported
In tha district south of TamhIU street
Frank LuDlahsr . purchased ' from ths
- i
TB OP f -
r
i ' , I 1 1 ; " ' ."' 3 . '
"RESlPtNCE, " ' : ; 7 OFFICE
I . - " '..... . 1
FIFTH
Showing Central Location ot
DlWG SOU
Security. Savings Trust company tho
lot at the northwest eornsr of Second
sad Main streets for (28.000.'
i "Abraham Tlchner bought the east
7$ feet of the , lot at the northwest
corner of - Tenth and Everett strsets
for $15,000. James Dsnholm purchased
this property' a few months ago for a
considerably less sum than it brought
at ths rechnt sale. Dave Mackla of
ths Commercial, Investment .company
negotiated both sales of this' property.
Half, a dosen large sales of east side
property were reported during ." the
week.' ...... :".?;'-'.-...'.. V. ; '
K. K. West sold t a local investor
ths lO-foot lot at ths southwest -corner
of Bast Alder street- and.,: Grand
avenue for ' $40,000.'-'" ' 41 ''- ' . ( K-
The lot 'Is eovereof by a' 'two-story
brick building, ' which is occupied by
W. H. Markell A Co. Mr. Wast Is a
La Grands merchant who Is largely In
terested In east slde.reelty. v...;
..Another good staeoveeet. aid,trans
action was ths pure has by Mrs. Jlelea
L. Stratton of the half-block, ont East
Couch - street, extending - from East
Third street to Union avenue, -for $!.
00. J- Seven . modern '. cottagea. occupy
tha piece. - .
ror Babaraaa Bus la ess. ' rr
. H. J. Wllklns snd associates have
parohssed from Woodard, Clarke A Co.
a 60-foot lot In the same locality for
tf.000.- - The ' property Is located on
the west side of Union avenue, between
East Pine and -East xh streets. Mr.
Wllkjns also purchased during . tha
week , tbe only bualness sits set aslds
ta Rose City Park, paying $(.000 for
It - - . .-n. :
- Alonso W. Garner of Castle Rock par
chased the six-room residence of A.
B. Rice, situated on Multnomah street
for $1,000. The Starr Investment com
nsnv burohased two lots In Stephens'
addition from MarUn Winch for $5,-
760. . . ' '
E.'J. -Daly sold to a usarty of local
capitalists .a 10 -acre tract on Fremont
and -East Forty-fifth strsets for - $0,-
000. -.r ,V - . . , , r
-JTJZEET
i. r '-':-" y - .r-u
s-;';,.i.;-.. .',,.;', ja .',-- v
: HOTEL a -1
,'.-,!.. .... ), f ,.-.i.,ij.v
; " -... : -t ,. ...-a. iy
' :.'.- ' ' .. - , ' . . r .
'-. V;t ;- ftovszD I ':
.1- '' Mir&BZtt
. V V
LARGE STORE OH
THE EAST SIDE
Structure for. Gevurtz on East
. Burnsule and Union May .
;;' Be Six Stories High. ;
PROUDFOOTr CONCRETE
CONTRACT AWARDED
Standard - Construction ' '" Company
", Soon to Begin Construction on the
Reenforeed Concrete Building at
East Third and Saat Buraslde. " -
The excavation for ths foundation of
the ' Buckman sisters' building at the
south wesrcoTner-Tt-Union- avenue -and
East Burnslds street hss been - com- .
pitted, and ths work of putting In the
concrete foundation will follow without
delay. - ' '
L Gevurts Sons, for whom the
Buckmsn sisters are putting up this
structure, ... are : negotiating ; with the'
owners to add two stories to ths origi
nal design, which called for a 100-foot
square four-story steel and brick build
ing.. It la probable that definite ar
rangements will be made, to make of It
S six-story structure. .' l,.
When completes It will be ona of the
best appointed department stare struc
tures in Portland- Ths plana call for a
full t$-foot basement extending te the
outer- ede : of tha - sidewalks oa both
atreet fronts, '1 which hydraullo- side-,
walk 'atevaters wlll-be inaulled.- The"
main floor will be-equipped with every
modern -department ' store convenience.
including passenger and , freight eleva
tor service. - . The . lessees expect to
oconpy tha building in the-. early fall
with a complete department etore, the
first ' or' Ita , kind--to open np . on the
Esst Side. .':''-.
The excavation for the four-etory con
crete, Proudfoot building, at East Third
snd East Burnslds streets. Is about
completed. The .contract for ths con
struction of this building has been let
by ths Gibson, eompsny. architects snd
building engineers. The Standard Con
struction company will put up the con
crete walls. . , ,
Tha foundation for tha Moraaa bunt-
nesa and office structure, at the north
west corner of Grand avenue and Eaat
Washington streets, Is well under wav.
When completed this will be a valuable
and attractive addition to the rapidly
Increasing number ot handsome busi
ness houses on Grand avenue.
The concrete foundation for the thre-
story Msrkell buslnees house, at rfh
southeast corner of Union avenue and
East Morrison Street. Is well along to
ward completion. The Markell atmrture
occupies the west half ot tha half -bloc .
on which stands the four-etory Healv
structure, . whloh is about completed.
When, these ' two hsndsoms bulldlnss
are finished.' the block on Esst Morrt.
son, between Union and Ornnd avenues,
will preeent ths hsndsomest sppearanc
of any business block on the East Hide.
Work on tbe Mitchell. Lewis A dtaver
warehouse on East Morrison street is
progressing rspldly. Tho walls of the
first story sre about up, and the etruc
ture is rapidly aneumlng proportions.
East eiders "are anxiously awaltlne
the time when the Southern Pacific
will begin - the erection ' of the lone
promised East Bide paseenger station.
The railway officials took out a bun t
Ing -permit for thi depot some wn
aco, ana It waa conrifientiy expect i
thst construction-' work would bfjin
without delay.
DESIGNED FOR 0FFICZ3
Baldwin-Downing BnlMlng r !; t
Arranged for Doctors and D?nf!ft
Meeera Baldwin and Downing
decided to adopt the plan for th-ir n-
bulldlns. under conetructlon st 1
and Alder street, that ha r--" "
made ite eppeerance on the I'aclfic r-
at San Frnclco and Los Anie, t
la, the etructure will be dwini i
meet the requirement, ef the n"-
and dental profeeMone tverr d-' I -
convenience for physicians a. I "
will he lrta!le, In the 1
lnree number - of oTffce r-
hnv. h--n roB-le hy ri.e" r
prf- !'-! , sn-1 I n nin I.
nrrhll-t l'-n ei-i-nnir-1 t1 ' - -
ult t! . I , i ' t - j