Two major Portland projects eye $47.5 million that remains up for grabs.
PORTLAND, Ore. — This story is from the Portland Business Journal, a KGW news partner. Click here for the full story.
Over the past two decades, Portland’s South Waterfront has undergone major transformations, with thousands of market-rate apartments and condos, lush greenways and OHSU buildings rising on the site of a former shipyard and underused industrial zone.
The city helped spur development by investing $100 million from a pot of funding created by the area’s rising property tax base.
Now, $47.5 million remains up for grabs in the North Macadam Tax
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