Affordable Commercial Tenanting Program

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Affordable Commercial Tenanting Program2017-05-03T17:43:00+00:00

Project Description

Affordable Commercial Tenanting Program

Prosper Portland has created the Affordable Commercial Tenanting Program to address a recent dramatic increase in retail rents and decrease in vacancy rates in the city of Portland, which have resulted in the displacement of small businesses from Portland’s urban neighborhoods. The program seeks to:

  • reduce barriers to entry for underrepresented businesses

  • preserve the vitality of small businesses

  • provide business development opportunities that in turn offer needed goods and services to the community

  • advance our goal to build an equitable economy

Priority Businesses

Priority businesses are those led by owners who are diverse in terms of race, gender and other demographics typically underrepresented in the business community, and who provide needed business services to the local community. Prosper Portland will evaluate tenants based on their alignment with these priorities.

Locations

The Affordable Commercial Tenanting Program is available at two sites in Lents Town Center in SE Portland and at Alberta Commons in NE Portland, and will be available at a site in downtown Portland, offering access and assistance to qualified businesses in the form of an equitable application process, access to space, and in some cases additional incentives designed to lower the barriers to entry for emerging and small businesses, such as reduced rent, tenant improvement contributions and technical assistance.

2018-11-15T09:16:47+00:00

10Y Leasing Opportunities

Prosper Portland will offer the Affordable Commercial Tenanting Program at 10Y, a full block of commercial space in the prime West End area of downtown Portland at SW 10th Avenue and SW Yamhill Street. The revitalized building will offer a variety of spaces to create a cohesive and complementary mix of tenants.

2017-05-30T15:38:17+00:00

Alberta Commons Affordable Commercial Tenanting Program

Prosper Portland offers the Affordable Commercial Tenanting Program at Alberta Commons, a unique opportunity for small minority-owned businesses to gain a foothold in the retail mix of the area, provide needed goods and services to the neighborhood and create lasting, beneficial relationships with the Northeast Portland community.