The Hotel Alder was originally built by the Southern Pacific Railroad as a terminus hotel and was popular with traveling businessmen. Over the years, the hotel declined, eventually turning into low-priced single-room occupancy (SRO) hotel. In 1974, Art McFadden purchased the building. In 2004, McFadden sold the three residential floors to the Portland Development Commission (PDC). The PDC then sold the space to the Central City Concern (CCC), a local non-profit agency devoted to assisting the homeless get back on their feet. CCC began rehabilitating the building to provide for 99 low-income housing units.[3][4]
The renovation, carried out by SERA Architects, required the entire building to be closed, including the Rialto. It was fully renovated to historic standards. On September 7, 2005, a ceremony marked the grand re-opening of the Hotel Alder, the premier of a documentary filmed inside, and the building's inclusion on the National Register of Historic Places.[5]
In January 2017, a multi-story fire caused the temporary displacement of around 80 residents.[6]
Documentary
Century Plaza is the name of a documentary film about life in the Hotel Alder during its time as an SRO. The film's name is taken from the Hotel's official name during the time it operated as an SRO Hotel. Filmmaker Eric Lahey lived in the Hotel Alder for seven months to get a feel for the lives of the occupants at the time.[7]
