Prosper Portland
PSU Selects Colas Development Group for $70MM Hotel, Conference Center in Downtown Portland
A privately financed 150-key hotel and conference center anchors the commercial bet on PSU’s Performing Arts + Culture Center as the project’s fate...
Prosper Portland Considers Taking Back Two Old Town Buildings via Deed-in-Lieu of Foreclosure After $7MM Loan Default
The city’s economic development agency expects to assume control of 208 and 234 NW Fifth Avenue this week, ending a controversial 14-month bet...
Oregon’s Retail Sector Bleeds Jobs at Five Times the National Rate as Portland’s Urban Core Falters
State retail employment has cratered nearly 6 percent since 2019 while the rest of the country barely flinched, exposing a localized contraction that...
WellQuest Living Acquires 293-Unit Russellville Park Senior Community in Portland for $81.28MM
The Salt Lake City-based senior living operator expands into the Pacific Northwest with the purchase of a full-continuum retirement community from Portland developer...
Portland City Council Explores Vacancy Fee on Landlords as Downtown Struggles With Record-High Empty Space
Councilors have commissioned a $62,520 study to explore how a long-term vacancy fee might be structured The Portland City Council is exploring whether...
Historic Timber Discovery Drives Construction Delays for James Beard Public Market
Downtown Portland’s highly anticipated culinary destination faces extended timeline as developer embraces century-old architectural heritage The construction of Portland’s James Beard Public Market,...
Williams & Russell CDC and Adre Advance 20-Home Affordable Townhome Phase in North Portland
First phase of long-planned reparative housing project moves into construction, with completion targeted for Q1 2027 In North Portland’s Albina neighborhood, a long-discussed...
Portland Approves Enterprise Zone Expansion at PDX for Alaska Airlines’ $150MM Maintenance Hub
City Council unanimously backs tax incentive boundary change to support airline’s new operations center at Portland International Airport Portland City Council voted unanimously...
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...
Portland’s Centennial Mills Gets Green Light as Developer Stuart Lindquist Faces Opposition
After 25 years and three failed redevelopment attempts, Centennial Mills wins approval for transformation. The catch? The developer’s ties to ICE are drawing...
37,900 SQFT Former Greyhound Terminal at Union Station in Portland Listed for Sale
The former Greyhound Terminal at 550 NW 6th Ave. in Portland has been listed for sale. The 2.08-acre property comprises a 37,983-square-foot, two-story...
