City approves sale of Centennial Mills for $13M without requirement to preserve history of site

Board members voted unanimously Wednesday, approving a plan to sell the old mill site for about $13 million to California-based developers.

PORTLAND, Ore. — After years of back and forth, a city board has voted to approve the sale of the Centennial Mills site in Portland’s Pearl District.

Portland Prosper is the economic and urban development agency for the city of Portland. 

Board members voted unanimously Wednesday, approving a plan to sell the old mill site for about $13 million to California-based developers Handson Equities LLC, Emma Corp. and MLR Ventures LLC.

Prosper Portland emphasized that the board selected the offer because

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