written by Kevin Max | artist rendering by Scott Baumberger
People will talk about this new Southeast Portland tenant, both to her face and behind her back. Behold the remarkable 56,000-square-foot so-called Fair-Haired Dumbbell, a speculative dumbbell-shaped office building that broke ground in July. At the eastside intersection of Burnside Street and the Willamette River, this building marks the latest creative model from Portland-based Guerrilla Development Company and its owner Kevin Cavenaugh. A local artist will create the final graphic design of the exterior. In addition to its unusual facade, this building comes with a non-traditional funding model. Guerrilla Development is offering real estate investment in $3,000 increments to real people, deploying a crowdfunding model for its final million dollars of financing.