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| Kevin Cavenaugh in a noisy booth at Noble Rot |
Kevin Cavenaugh was the darling of the Portland development scene. Fresh off the success of the Box and One and Burnside Rocket properties, he'd been named a Harvard Fellow for his work as a "guerilla" developer, a term he uses to mean a just-get-it-done approach to developing properties.
But his approach proved flawed when the economy stalled and he fell behind on payment of loans. His signature Burnside Rocket building--the LEED Platinum four-story with its rooftop garden and ground water well--had won him accolades and design awards, but it also helped make him broke. While most developers get it built and move on, Cavenaugh found himself stretched thin trying to retain his stake in various properties as the nation's economy was teetering on Depression.
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