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Prosper Portland

Jan 15, 2013

City bid for tax exemption denied

The Portland Housing Bureau is behind on its property taxes for a low-income housing facility downtown, according to a partial judgment ruling made by the Oregon Tax Court last month.

Dec 13, 2012

PDC settles lawsuit with California developer over Centennial Mills

The Portland Development Commission announced Wednesday that it has reached a settlement with Project SEED, LLC over the remaining portion of a $1.7 million lawsuit regarding the aborted redevelopment of Centennial Mills. The settlement was the last claim of six that SEED brought against the PDC when the public agency shifted its redevelopment preference from a food-oriented community space, to an[...]

Nov 1, 2012

PDC preparing to sell Chinatown lot to hotel developer

The Portland Development Commission is currently in negotiations to sell a piece of property in Old Town Chinatown to a hotel developer. Russell Yee of 8T8 Hospitality is hoping to purchase the three-quarter block parcel of land directly surrounding the Oregon College of Oriental Medicine at 75 N.W. Couch St.

Jul 6, 2012

Latino-focused nonprofit working with PDC to create a ‘mercado’

Latino-focused affordable housing nonprofit Hacienda CDC is working with the Portland Development Commission to acquire a Southeast Portland property for to house a Latino mercado.

Jun 7, 2012

PDC awards $338K in livability grants

The Lents and Interstate Corridor neighborhood areas might soon be seeing an upgrade in living arrangements. The Portland Development Commission is planning to award $338,495 in Community Livability Grants to […]

Jun 5, 2012

PDC hopes to identify Centennial Mills developer in July

A Portland Development Commission committee is now prepared to choose between two proposals to redevelop the property: one from the team of Venerable Properties and Harsch Investment Properties, and one from Seattle-based Daniels Real Estate.

Mar 15, 2012

Portland city auditor: PDC’s loan program not diverse enough

The Portland City Auditor’s office recently conducted a review of the Portland Development Commission’s economic development loan program.

Feb 22, 2012

Portland Development Commission unalarmed by results of audit

A recent review of the Portland Development Commission by the city auditor’s office revealed multiple PDC processes that warrant more attention. However, neither PDC officials nor those from the auditor’s office found the results distressing.

Nov 15, 2011

$30M in upgrades planned for Veterans Memorial Coliseum

Redevelopment ideas for Veterans Memorial Coliseum in the last few years have ranged from a soundstage or an entertainment complex or an arts center. But now Portland City Council is expected to discuss a resolution that would declare city support for $30 million of upgrades for the building listed on the National Register of Historic Places.

Nov 4, 2011

Park Avenue West will move forward in 2013

TMT Development has announced that in late 2013 work will resume at Park Avenue West, a downtown Portland high-rise project that stalled more than two years ago.

Oct 27, 2011

Eco-district planning process being fine-tuned

The Portland Sustainability Institute, a nonprofit established by City Council in 2009, developed a method to help communities and professionals plan eco-districts. The intent is to broaden Portland’s reputation for sustainable planning and design via creation of an eco-district approach that will be both scalable and replicable for use in other communities.

Oct 26, 2011

PDC strikes parking garage deal with downtown Target store

The Portland Development Commission board agreed to delay redevelopment on the parking structure at Southwest 10th Avenue and Yamhill Street to assure developers of the nearby Galleria Building that there will be parking available for an incoming Target store.



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