News
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 improvements to DeRose Community Bridge & Holistic Wellness in Gateway; build-out of Portland Youth Builders’...
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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, and food and beverage - will receive grants to support their work to promote diversity,...
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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.
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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 recipients of its 2023 Portland Post-Production Grant Program. Selected from a pool of 32 applicants, four local...
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....
