A planned and approved building in Portland would have pushed Cross Laminated Timber to new heights, but fell short of the needed financing to get done.
Plans for the tallest timber building in North America "have been shelved," reports Sydney Franklin from Portland.
The building, called Framework, would have reached 12 stories. The building received a permit and $6 million from the city to include 60 units of affordable housing.
"The developer, project^, said that inflation, escalating construction costs, and fluctuations in the tax credit market are to blame for the sudden hold," according to Franklin. "Despite massive investment, the project still had not met it’s $29 million fundraising goal as of Monday."
The current tallest timber building, which uses Cross Laminated Timber, is also located in Portland.
FULL STORY: Construction on Framework, the tallest timber tower in the U.S., has stalled

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
City of Fort Worth
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie