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Old Posted Feb 5, 2007, 12:28 AM
EastPDX EastPDX is offline
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Join Date: Oct 2006
Posts: 77
urbanpdx, I would think ...

... all the developers are waiting for the 102nd work to start. Then they can seriously go in and offer the land owners a fair price. That is first from a timing question. As for a type of development, I would go with a retirement/low income/retail mix. Since the area doesn't have the higher paying jobs that we talked about earlier, using the retirement portion to support the low income apartments. Tax abatements might be available with the low income apartments being in the urban redevelopment zone. Retail should and always has worked in Gateway.

I believe all the developers see the same thing I and others see. Five to ten story redevelopment projects in all the parking lots and along all the major avenues. Parking will be centralized (structures) and underground. The land is too important to be surface parking. Similar to what is happening now in Downtown PDX and out in the The Round area of Beaverton.

EP
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