Multnomah County's Gladys McCoy Building at 426 SW Stark Street in downtown Portland
Why is Multnomah County disposing of the Gladys McCoy Building?
The County is constructing a new headquarters for its Health Department at NW Hoyt St. and NW 6th Ave., which will open in 2019. It is currently in the Gladys McCoy Building at 426 SW Stark Street, which was built in 1923. When the Health Department leaves the McCoy Building for the new headquarters, the Stark Street building will no longer be needed.
Since the County will have no use for McCoy Building after the new building opens, it wants to sell the property. The sale proceeds may be used to reduce the county’s debt.
What is the value of the property?
The assessed market value of the McCoy Building is $14.9 million. The assessed market value is determined by the County Assessor and reflects the properties’ current uses. The values do not take into account future uses of the properties and conversion to other uses.
Will the closing of the sale be scheduled to allow time for the relocation of the Health Department staff to their new building?
Yes, the County will negotiate terms with a buyer so that County operations can continue at the McCoy Building until staff move to the new building.
What is the zoning on the property?
Land use zoning for the property is set by the City of Portland. The McCoy Building is zoned CX - Central Commercial.
Is the building on the National Register of Historic Places?
No.
Disposition Process
How will the County gather public comments on the disposition of the property?
County Commissioners approved the disposition process on April 19, 2018. Members of the public can submit comments on the disposition of the McCoy Building with our online comment form through June 18. An open house will be held in early May.
How will the County use public comment received during the comment period when considering a recommended offer for the property?
The Board of County Commissioners will consider public comments before voting on a recommended offer for the property. A summary of public comments will be publicly available before the board votes.
