PORTLAND, Ore. (PORTLAND TRIBUNE) — Three mega-projects are on track to radically remake urban Portland in coming years.
Two would create new vibrant, sustainable neighborhoods in downtown and the central eastside.
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The third intends to reclaim a historic neighborhood torn apart by ill-advised urban renewal project.
“These are transformation projects. They are a big, big deal,” Andrew Hoan, president and CEO of the Metro Chamber, said at a May 23 panel discussion on the projects it hosted. It was titled, “Portland’s Mega-Development’ Construction Projects.
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Representatives from the following organizations gave updates on these projects:
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The nonprofit Albina Vision Trust is leading an ambitious plan to reclaim the 95-acre Lower Albina neighborhood in the Northeast Portland neighborhood around the Rose Quarter. The historical home of Portland’s Black community, it was decimated in 1950s and 1960s by the construction of the I-5 freeway and Memorial Coliseum, and the city-backed expansion of Legacy Hospital. Among other things, the plan includes building caps over the freeway that physically divided the neighborhood that will support new affordable housing projects, employment-related developments, and public spaces. The federal government has committed $450 million to the work, while the Portland Bureau of Transportation has pitched in $38 million. Portland Public Schools has agreed to sell its headquarters there to the Albina Vision Trust for affordable housing projects with $25 million from the 2024 Oregon Legislature.
Read more at PortlandTribune.com.
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