Urban Renewal

The Airport Way Urban Renewal Area has attracted job-generating investment in the hundreds of millions and is home to the vibrant, mixed-use Cascade Station retail center.

With its entrepreneurial vibe, industrial properties and proximity to the waterfront and downtown, the CES is a focal point for Prosper Portland's strategic economic development goals.

Prosper Portland investment continues to strengthen downtown’s role as the heart of the region’s economic growth and success.

Opportunities abound in Gateway to support small businesses and spark vibrant, economically healthy neighborhoods.

Capacity-building to support business growth, job creation and social equity plays a critical role in Interstate,

Job generation, small business support, and development that fosters equitable growth and community vibrancy are the focal points for Prosper Portland’s work in Lents.

Public and private investment has generated remarkable growth in the North Macadam URA, with new jobs, enhanced public amenities and innovative urban living.

As a close-in, central city URA, OCC has multiple opportunities for commercial revitalization and community wealth building. It is home to the Lloyd District and the long-awaited Convention Center hotel, the Hyatt Regency Portland.

River District is home to the flourishing Pearl District, Old Town/Chinatown, and the Broadway Corridor, a once-in-a-generation opportunity to demonstrate inclusive, sustainable, memorable and financially successful redevelopment.

Our support for the South Park Blocks focuses on the area as a thriving downtown retail core, a healthy mixed-income residential neighborhood and, through PSU, as an economic generator.