Wednesday, February 22, 2017
The historic Paris Fair Building at Fourth and Oak Street has passed into new ownership.
Paris Fair LLC, represented by Jeff Pickhardt, bought the property from owner North Cheatham on Feb. 1.
The downtown Hood River property will likely undergo changes — Key Development, Pickhardt’s company, is considering adding multi-family housing into the equation.
Liz Whitmore, project manager for Key Development, said potential sites include: the upper floors of the existing Paris Fair building, the vacant parking lot to the south, and the lot to the east along State Street, also owned by Key.
Construction on the housing project is about two to three years away, she anticipates.
In the meantime, the company is taking on feasibility studies, such as a market study to gauge Hood River’s housing needs and assessing environmental aspects.
They’re also tackling “deferred maintenance on the building this spring, including repairing masonry and painting the exterior,” Whitmore explained.
The three-story brick building houses a variety of businesses, sporting a main façade on Oak Street.
Tenants on the first two floors include Romul’s Restaurant, Windermere Real Estate, and Kidsense Pediatric Therapy Center. On the third floor, a new tenant, R&M Sea-Level Marine is occupying a former yoga studio space.
The Paris Fair Building, built in 1906, formerly served as a department store and meeting hall.
The structure is listed on the National Register of Historic Places. It showcases the “commercial style” movement of the late 19th and early 20th century architecture, according to a registration form in the National Park Service’s database.