Prosper Portland announces Broadway Corridor site developer short list

>, River District>Prosper Portland announces Broadway Corridor site developer short list

Prosper Portland announces Broadway Corridor site developer short list

Prosper Portland has announced a short list of three development teams which will advance in the evaluation process to select a development partner. The selected partner will serve as an advisor during the creation of a development strategy for the 32-acre Broadway Corridor project area. Once the strategy is complete, the selected partner will have exclusive rights to propose a redevelopment plan for the 14-acre United States Postal Service property in northwest Portland.

The teams submitted proposals in response to a request for qualifications issued in November 2017 by Prosper Portland and the Portland Housing Bureau to identify partners in the postal site redevelopment, a key opportunity site within the Broadway Corridor for high-density employment, mixed-income housing, and signature city attractions and amenities.

The three developer candidates, Continuum Partners, McWhinney, and Related Companies, will present their qualifications and offer community members the opportunity for feedback and interaction at a public forum on Wednesday, March 21, from 5:00-8:00 pm at the Leftbank Annex. Links to Executive summaries of each team’s proposal are here:

Prosper Portland Executive Director Kimberly Branam said, “My thanks go to the Broadway Corridor Evaluation Committee for their careful consideration of each team’s qualifications to plan and deliver a high-density, mixed-use development that values diversity, equity and community engagement . We’re looking forward to the public presentations on March 21 and the chance to engage with a broad mix of Portlanders about these proposals.”

Nathan Kadish, co-chair of the Broadway Corridor Steering Committee, said “Given that the committee views the Broadway Corridor as a once-in-a-generation opportunity, I was pleased to see responses from developer teams that clearly indicate they have the qualifications and proven experience to deliver on a project of this scope and scale.”

Prosper Portland is pursuing planning and redevelopment of the Broadway Corridor with an intentional focus on ensuring all communities have an opportunity to participate in and benefit from its redevelopment. Robust community engagement, led in part by the Broadway Corridor Steering Committee, is accompanying efforts to solicit a development partner, prepare a development plan, and define required public benefits to be included in a Community Benefits Agreement as part of redevelopment.

2018-03-09T11:38:56+00:00March 9th, 2018|Categories: News Releases, River District|Tags: , , , , |