News
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 inclusive economic development strategy, guiding the city’s economic development work for the next five years....
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, prosperous, and future-ready city. On Wednesday, April 26, Advance Portland is being presented to City...
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).
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Data Directions: Income
While growth of higher wage, knowledge industry jobs is certainly a positive economic sign, we’re also seeing how growth in this “next economy” is contributing to the disappearance of the middle class, with a relatively flat level of growth in middle-wage employment opportunities. And when we divide Portlanders into five income quintiles, we see the stark impact of systemic racism and inequitable opportunities.
Portland’s Economic Recovery and Job Growth Must Prioritize BIPOC-Communities
Prosper Portland has been committed to the growth of middle-wage jobs through our programs and practices. In FY 21-22, through our partnership with Worksystems Inc, nearly 1,200 adult and...
Cully TIF District approved by Portland City Council vote Wednesday, November 16
Portland City Council has voted 5-0 to approve the creation of the Cully Tax Increment Finance district and adopt the Cully TIF District Plan for one of the city’s...
My People’s Market is back in September as a reimagined market centering BIPOC businesses and makers
My People’s Market is back, offering an immersive, in-person marketplace featuring 140+ BIPOC vendors each day, cultural performances, musicians, food, and beverages. The two-day event, sponsored by New Seasons,...
Prosper Portland awards more than $1.8 million in community livability grants
NEWS RELEASE Contact: Shawn Uhlman, Prosper Portland, 503-823-7994 Significant projects include the expansion of classroom space at Childworks Learning Center in Gateway; gallery expansion at the Oregon Jewish Museum,...
