Lents Town Center Development

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Lents Town Center Development2018-11-13T13:16:31+00:00

Project Description

In May 2014, Prosper Portland and the city, with community support and input, launched the Lents Five-Year Action Plan, calling for focused investments that would have the greatest benefit and impact on existing residents and businesses. The first phase of Lents Town Center redevelopment (Phase 1) consisted of $109 million in total investment, including $37 million in loans from Prosper Portland and $17 million in loans from the Portland Housing Bureau. Phase 1 added 288 new housing units, including 225 affordable and income-restricted (78 percent), as well as commercial space for 10 businesses. In late 2018, Prosper Portland began the community engagement process for Lents Town Center Phase 2 development, involving a 4.4-acre site owned by Prosper Portland on SE 92nd between SE Harold and SE Ramona.

Contact: Alison Wicks, Project Coordinator, 503-823-3949

Lents Town Center URA Boundaries Map

Lents diggers

Since the formation of the Lents Town Center Urban Renewal Area in 1998, Prosper Portland has invested $90 million in infrastructure, facilities, transportation, affordable housing, and business development.

Phase 1 began with a request for interest from development partners who could advance the goal to support growth of mixed-use, mixed-income communities that contribute to improved business and resident satisfaction with the community.  The resulting projects were:

The Lents Phase 2 Redevelopment Project involves a 4.4-acre property owned by Prosper Portland on SE 92nd Avenue between SE Harold Street and SE Ramona Street and includes the 92nd and Harold site (92H) and the Bakery Blocks property. Prosper Portland entered a non-binding Memorandum of Understanding with Palindrome Communities in May 2017 to develop the 92H property.

Lents Town Center Projects Timeline

Expected timelines as of December 2017*

Project Initial Board Approval Design Review Initiated Construction Start Construction Complete / Opening
Oliver Station June 2015 May 2016 November 2016 January 2018
Lents Commons
(formerly 9101 SE Foster)
June 2015 November 2015 October 2016 December 2018
Asian Health & Service Center June 2015 February 2016 April 2017 August 2018
Woody Guthrie Place November 2015 Expected
August 2016
September 2017 Spring 2019

*Timelines subject to change