CHRISTOPHER BOOKER:

The mixed use residential tower is another turn in Portland's move from its industrial past to 21st century hipster haven, another chapter in this city's redevelopment.

During the past three years, United Van Lines reports moving more people to Oregon than any other state in the country.

At the same time, Portland rents have been experiencing the highest percentage growth rates among the nation's top 50 housing markets.

People are moving here en masse. There are cranes in the sky everywhere. Where does this little tiny bit of real estate fit within what's happening here?