The building and a connected five-story building were designed by
Charles Luckman and Associates. Originally named the
First National Bank Tower, the building opened on April 17, 1972, and was formally dedicated on May 25, 1972. The current name was adopted after
Wells Fargo purchased First Interstate in 1996. Upon opening in 1972, the Wells Fargo Center dwarfed all other buildings in downtown Portland. Public outcry over the tower's scale and the potential of new development to block views of
Mount Hood led to height restrictions on all new development. The public areas underwent extensive renovation in 2001, including the addition of more retail space. Renovations were completed in 2002 at a cost of $35 million. Focused on the lobby area, the work included the addition of a display on the bank's history. The center had been the headquarters of
Willamette Industries until 2003, when that company was bought by
Weyerhaeuser. In November 2017,
Starwood Capital Group purchased the tower and adjacent carriage building from Wells Fargo. ==Details==