News
Lents Community Plaza celebrates grand opening
NEWS RELEASE Contact: Shawn Uhlman, Prosper Portland, 503-823-7994 Elected officials, local small businesses, contributing [...]
Portland State Receives Federal Funding to Lead Regional Innovation in Smart Energy Storage
Portland State is leading a regional consortium of 23 companies, government agencies and nonprofits [...]
Prosper Portland announces recipients of Community Events Grants
The Events and Film Office at Prosper Portland has announced the recipients of its Community [...]
Movies on Morrison to activate downtown storefronts
The Events and Film Office at Prosper Portland will showcase several productions filmed and/or [...]
Cully Community Leadership Committee announced
Portland City Council has approved the 13 members of the inaugural Cully Tax Increment [...]
Prosper Portland Announces SEED Program Grant Recipients for 2023
Prosper Portland is pleased to announce the 2023 recipients of the SEED Program Grants [...]
Data Directions: Poverty Rates
Like all major American cities, Portland saw many business closures in the retail industry with the beginning of the pandemic in early 2020. We continue to see the effects of that shock on rent and vacancy statistics for commercial retail space.
Businesses recommitting to downtown Portland
Despite negative headlines, actions speak louder than words…and in this case, the actions are businesses signing new leases in downtown Portland.
Two new commissioners join Prosper Portland board
Prosper Portland is pleased to welcome Michi Slick and Marcelino Alvarez to its Board [...]
Data Directions: Retail Space Vacancy and Rental Costs
Like all major American cities, Portland saw many business closures in the retail industry with the beginning of the pandemic in early 2020. We continue to see the effects of that shock on rent and vacancy statistics for commercial retail space.
Prosper Portland awards $865,000 in Community Livability Grants
Significant projects include the renovation of Literary Arts’ headquarters in the Central Eastside; safety [...]
Data Directions: Connect Portlanders to High-Quality Jobs in Future-Ready Sectors
The need for access to employment centers has driven Prosper Portland’s strategic investments in East Portland. In collaboration with other public partners, Prosper Portland has developed five-year action plans in two East Portland Tax Increment Financing (TIF) district to determine priorities and investments in affordable housing, home repairs, community amenities, commercial spaces for local businesses, or other eligible projects.
Prosper Portland awards grants for business diversity and inclusion
Fifteen local businesses representing Portland’s priority industry clusters – green cities, athletic and outdoor/consumer products, technology and media, manufacturing, [...]
Data Directions: Vibrant Central City
Continuing challenges due to the pandemic, perceptions of reduced public safety, and the increasing preference toward remote work have reduced the presence of employees and visitors in Portland's Central City.
Data Directions: Promote Equitable Wealth Creation
Staggering wealth inequality continues to be a significant challenge across the country. Multigenerational wealth created from property and business ownership drives much of this disparity; even gains in employment and income show little progress in erasing differences in wealth.
2023 Post-Production Grant Recipients Announced
The Portland Events and Film Office, in partnership with Travel Portland, has announced the [...]
Notice of Budget Committee Meetings
On Wednesday, May 10, 2023, the FY 2023-24 Proposed Budget will be presented to the Prosper Portland Budget Committee along with the Budget Message. The meeting will be held at 2:00 p.m., followed by a public hearing where testimony will be taken on the Proposed Budget.
Portland City Council approves five-year “Advance Portland” inclusive economic development strategy
The Portland City Council has unanimously approved, with a 5-0 vote, the Advance Portland [...]
Opportunity for input on the city’s next economic development strategy
Advance Portland is a strategic framework and action plan for building a more inclusive, [...]
Data Directions: Propel Inclusive Economic Growth & Innovation
Portland has many promising traded sector industry clusters, including Green Cities, Athletic & Outdoor, Metals & Machinery, and Food & Beverage Manufacturing. It also has cross-cutting functional clusters around headquarters, software and professional services that intersect with and support these key clusters. Together, these clusters offer major growth opportunities – some in established, growing industries (e.g., Athletic & Outdoor, Software), some more emergent (e.g., Green Cities innovations around grid modernization), and others in legacy industries with a strong employment base and lower barrier to entry positions (e.g. Metals & Machinery).