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The US Bancorp Tower is the second tallest Skyscraper in Portland, Oregon . It stands at 536 feet (163 m) with 42 floors. The building has nearly 1.1 million square feet (69,000 m²) of office space inside, making it the largest office building in Oregon in terms of volume, and second tallest in Oregon, with only the nearby Fremont Bridge 's arch exceeding the tower's height. Construction of the building was undertaken by the Skidmore, Owings And Merrill (SOM) with Pietro Belluschi as a consultant. The tower opened in 1983, serving first as headquarters of U.S. Bancorp , then the regional headquarters of that organization after a 1997 merger moved the corporate offices to Minneapolis, Minnesota . U.S Bancorp has 480,000 square feet leased until 2015. Probably the most unique features of this building are its ability to change shapes and color. Pietro Belluschi was most concerned about the play of light and shadows on its surface; while the SOM team had to work with a uniquely shaped lot due to the street grid. The meshing of two concerns led to what has been called Portland's most dynamic building. Because of the street grid, the tower features no right angles in its footprint. This in turn makes it look either extremely slender or wide depending upon your viewing angle. Belluschi carefully selected the glass and granite for the exterior facing. The windows can absorb or reflect light depending upon how much light is upon them, while the surrounding granite may appear darker or lighter than the window pieces depending upon the time of day. The building can be described as being pink, orange, purple, grey, or even black all in the same day. The overall pinkish color that the building is usually seen in earned it the nickname "Big Pink", after an album by The Band . The building was purchased by Unico in 2000 for a price of $165 million. Currently 92% of the building is occupied. SEE ALSO REFERENCE
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