News

In the hybrid world, "central business district" doesn't quite mean what it once did — and it may never again. Here's why and what lies ahead. Office-to-residential conversion volume hits ...
In the first-quarter, Portland’s office vacancy rate of 35 percent was the highest among the 25 largest central business districts in the U.S., real estate firm Colliers reported.
Though the downtown Portland office market is expected to continue to face serious challenges, new leases and other signs point to the start of a recovery. While the vacancy rate in the central ...
The report, published in August 2020, found the city had failed to conduct even cursory oversight of Downtown Portland Clean & Safe, the Lloyd District and Central Eastside District.
PORTLAND, Ore. — A new tax incentive meant to draw businesses back to Portland's central city sailed through city council Thursday in a unanimous vote. The "Downtown Business Incentive" allows ...
According to the Portland Metro Chamber, foot traffic in December 2022 was down 27% from pre-pandemic levels in the Portland Central District. In Downtown, it was still down by 40%.
PORTLAND, Ore. — Earlier this week, Gov. Tina Kotek convened the first meeting for a task force of 40 people focused on the problems facing Portland's economic core. They're tasked with finding ...
By Jonathan Bach – Staff Reporter, Portland Business Journal. Aug 10, 2022. ... but they are notable these days after the exodus of Portland employers from the central business district accelerated.
Venture Portland distributed $95,000 in tax year 2023 to 11 business districts across the city, including the Williams Vancouver Business Association, St. Johns Boosters, Montavilla East Tabor ...
Following outcry from businesses in Portland’s Central Eastside Industrial District, city leaders have partnered with neighborhood representatives to develop a 90-day plan to improve perceptions ...
District 2 is tied with East Portland’s District 1 neighborhood for having the highest percentage of homeowners in Portland, at 57%. Residents make a median household income of $90,000 and 12% ...
PORTLAND, Ore. (KOIN) — In January, Portland Mayor Ted Wheeler and the Central Eastside Industrial Council announced their plans to help the district recover from an uptick in vandalism, trash ...