The Portland Mercado

The Portland Mercado 2017-10-25T11:41:37+00:00

Project Description

The Portland Mercado

The Portland Mercado, the city’s first and only Latino public market, opened in April 2015.

Five years in the making, the Portland Mercado, developed by Hacienda CDC on Prosper Portland-owned property at SE Foster Rd. and 72nd Avenue, hosts nearly 20 Latino-owned businesses and food trucks offering everything from fresh produce to flowers and Cuban-Argentine fusion food. Prosper Portland helped throughout the planning process with grant funding, concept development and the business plan, making a total investment of more than $1 million along with extending a long-term lease of the property to Hacienda for $1 per year.

Learn more at PortlandMercado.org.

 

Project Details

  • Project Complete

  • $1,119,944 investment by Prosper Portland through loans & grants; long-term lease of property to Hacienda for $1 per year

  • $2,961,026 total project cost

  • 17 Construction jobs [?]
  • Financial Partners:
    Prosper Portland, Hacienda CDC, Federal Community Economic Development grant, Federal Economic Development Administration grant, foundation grants, NMTC equity

  • Design & Construction:
    S|EA Architecture, Bremik Construction

     

Business and Workforce Equity Performance Data

The Business and Workforce Equity data below is specific to this project. Additional data is available for all of our under construction and recently completed projects.

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