‘The Pit’ in downtown Salem faces uncertain redevelopment future

Locals call it “The Pit.” It’s a giant rectangular hole in the heart of downtown Salem.

A 70-year-old marble and granite bank once stood on the southeast corner of Liberty and Chemeketa streets, where a fence partially conceals the rubble left behind nearly nine years after the building was torn down and its 14-foot basement was excavated.

The demolition debris is now mixed with overgrown vegetation and scattered trash, including a twin mattress, a blue recycling bin, and several orange and white city of Salem barricades…

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