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Portland’s Old Town/Chinatown will soon be home to a new shopping, dining and budget lodging destination.
The Grove Hotel -- a three-story landmark built in 1907 -- is being transformed into an Asian-themed international youth hostel complete with retail space, a restaurant and a bar.
With a development team that includes Ace Hotel founder Alex Calderwood and Weiden + Kennedy advertising executive John Jay, the property is promising cutting-edge art and design while honoring its Chinatown heritage.
The building, which had fallen into disrepair in recent years, will house a 158-bed hostel with a communal space for guests and locals alike. In Portland tradition, the green building project is aiming for LEED Gold certification.
Located in the heart of Old Town/Chinatown and steps from the Lan Su Chinese Garden, the property also will offer easy access to the MAX light rail and bus lines.
The project is slated for completion in early 2012.