Alpha
Broadcasting announced plans to co-locate its six radio properties
in
the Pacwest Center, 1211 SW Fifth Avenue in downtown Portland.
With a target move-in date of May 1,
2010, radio stations KUFO, KINK, KUPL, KXL, KXTG and KCMD will
each broadcast from the 6th floor, with
the corporate offices on the 7th floor of the Ashforth-owned
building. In addition, a special performance
lounge to be utilized by all the stations will be on the street
level, where artists and other personalities
who frequently visit the stations will appear.
"Since
our acquisition of these exceptional radio stations, we have
been operating out of three separate buildings," commented
Alpha's Chairman/Chief Executive Officer Larry Wilson. "It
is with great pride that we announce that we will be moving
to the Pacwest Center in the heart of Portland's Central
Business District. In our search for a new home, we wanted
a building that is environmentally friendly
and one that is well served by mass transit. The Pacwest Center
ideally meets these criteria. It has a
LEED-EB rating and the MAX stops right in front of the building.
Getting all our employees into one
location is key to our plan to achieve maximum efficiency in
our operation. While KINK has had a live
performance lounge for nine years, the new expanded lounge
will be the live venue for all recording
artists, sports figures, business dignitaries and political
figures who visit Alpha headquarters. We also
plan to host special events in the lounge for our largest advertisers."
Ashforth
Pacific, a division of the Ashforth Company now owns and manages
over three million
square feet on the West Coast. Based in Portland, Oregon, the
firm oversees a portfolio which includes
Pacwest Center, Lloyd Center Tower, ODS Tower, Liberty Centre,
One Pacific Square, Lloyd 700, and
Oregon Square as well as The Exchange Building in Seattle and
the Orrick Building in San Francisco.
Alpha Broadcasting,
headquartered in Portland, Oregon was formed by Larry Wilson,
Bob Proffitt and Endeavour Capital, also in Portland. Wilson
founded Citadel Communications
Corporation, before it was sold to Forstmann Little & Company
in 2001 for $2 billion.