
Broadway Corridor Redevelopment
Redevelopment of the Broadway Corridor is a once-in-a-generation opportunity to add to Portland’s economy and vitality and to deliver community benefits.
The Broadway Corridor, and more particularly the former USPS site, is identified in the City of Portland’s Central City 2035 Plan as a key opportunity site for high-density employment and signature city attractions, connecting the Old Town/Chinatown and Pearl District neighborhoods.
By the Numbers
Current Work
The Broadway Corridor area is approximately 32 acres and encompasses several Prosper Portland-owned properties, including the 14-acre United States Postal Service site, jointly acquired with the Portland Housing Bureau. Additionally, Prosper Portland owns Blocks Y and R in the Old Town/Chinatown district and Union Station. Built in 1896, Union Station is an active hub for Amtrak passenger rail; Prosper Portland aims to further position and activate the station as a gateway to the city and surrounding neighborhood.
Prosper Portland is pursuing planning and redevelopment of the Broadway Corridor with an intentional focus on ensuring all communities have an opportunity to engage in and benefit from its redevelopment. Robust community engagement has informed the approved Master Plan that will guide future development and priorities for public benefits to be provided via public and private investment. This work also aligns with Advance Portland’s objectives to Promote Equitable Wealth Creation and Foster a Vibrant Central City.
Development of the Broadway Corridor is now under way. Prosper Portland has successfully completed demolition of the USPS Vehicle Maintenance Facility, relocation of USPS retail operations, sitework and soils remediation, and has reached the significant completion milestone on demolition of the USPS main processing and distribution facility. All four of these construction projects exceed performance goals laid out in the community benefit agreement negotiated with the Healthy Communities Coalition (HCC).
New streets are under construction that will service new high-density, mixed-use development and signature city attractions, connecting the Old Town/Chinatown and Pearl District neighborhoods.
Over the next few years, Home Forward and RelatedNW will add more than 450 units of affordable and middle-income housing in two high-density, energy-efficient residential developments.
Learn more at BroadwayCorridorPDX.com
