The carousel was an oddity, a remnant of the pre-WW2 era when the island in the Columbia was an old-school amusement park instead of a Seventies style shopping mall;
"The carousel remains, last of the amusement rides, remnant of the old mall, a whirling delight of grandiloquent carved horses and antique showmanship of an earlier time."Well, not any more.
The last bits of the Seventies mall were demolished a couple of years back. The new owners have converted the site into a 21st Century big-box retail outlet for a couple of the remaining tenants such as Burlington. But the carousel disappeared during the renovation and for a while even the location where the pieces were stored could not be found.
A bit of classic Portland panic ensued until eventually a City councilman got involved and chivvied the hiding place out of the out-of-state owner.
(The little article about this adventure at the Restore Oregon website is kind of adorable, complete with a treasure map to the storage building and Nick "Indiana" Fish in adventurer garb...)
But, as the linked article notes, the carousel is still in pieces and the owners show little or no urgency in building a new home for it. Were my kiddos still carousel fans I would be more harassed about that, but as it is it's simply a rather sad little note, the passing of another piece of rather pleasant Portland history.
The Hooters across the freeway, on the other hand, is still going strong serving up dry oversalted chicken wings and domestic corn beer to gullible rubes overly impressed by tits.