City of Portland
City Study Pegged Moda Center Needs at $505MM as Trail Blazers Seek $600MM in Public Funds
A city-commissioned facility assessment found the Moda Center needs $505 million over 20 years to remain operable, well below the $600 million public...
Mystery Investor Group HeronPark Secures Five-Year Option to Buy 350 Acres of Portland’s Ross Island
A Delaware-registered consortium working with Tetra Tech has quietly locked up the rights to one of the most contested industrial properties on the...
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
Metro Bond Closes In on 5,600 Affordable Homes as Portland Region Confronts 24,000-Unit Shortfall
Greater Portland’s voter-approved housing measure is on track to deliver 1,700 more units than originally promised, even as regional demand for low-cost housing...
Abandoned 148-Unit Burnside Project Underscores Portland’s Worst Construction Drought in 15 Years
A developer’s decision to walk away from a five-story apartment complex on East Burnside Street reflects the financial headwinds stalling residential development citywide,...
Federal Funding Advances Gateway to OMSI as Portland’s $1 Billion Central Eastside District Takes Shape
An $850,000 community project appropriation will rebuild two key intersections on SE Water Avenue, unlocking the next phase of the 24-acre OMSI District...
From Police Stables to Dance Floor: Developer Eyes Pearl District’s Historic Waterfront Site for Entertainment Venue
A Vancouver, Wash. entrepreneur proposes transforming Portland’s former Mounted Patrol facility into a restaurant and nightclub, even as a larger mixed-use project moves...
187-Unit T. Joyce Phillips Community Opens in Portland
Historic redevelopment transforms 40 homes into 187-unit community through resident-centered approach PORTLAND, Ore. – Home Forward, Metro, Oregon Housing and Community Services (OHCS), the...
Portland’s New 84-Unit Housing Complex in Cully Neighborhood Celebrates Opening This Week
Mixed-income project in Northeast Portland integrates job training, childcare, and wraparound services to combat displacement A new affordable housing development opening this week...
