sold its main building in the Pearl District in 2013 for $11.75 million. The school secured $20 million in loans from the Portland Development Commission in November 2013 to fund the renovations. Renovations were completed in January 2015, with classes starting at the new campus in February 2015.
In late 2018, the college briefly explored merging with the Oregon College of Art and Craft but they decided against the merger. Two years later, PNCA announced plans to merge with Willamette University to become the fourth college within the university. On June 30, 2021, the merger was finalized. PNCA retains its campus in downtown Portland at the 511 Federal Building and will offer classes for Willamette University students as well as allow art students to take classes at the Willamette's Salem campus.
== Campus and facilities ==
As of February 2015, PNCA's main campus building, known as the Arlene and Harold Schnitzer Center for Art and Design, is located at 511 NW Broadway in northwest Portland, in the Pearl District. …
