Quote:
Originally Posted by RED_PDXer
I'll believe it when I see it.
Meanwhile, the city has been sitting on these vacant properties nearby that could be developed with affordable and market rate housing without demolishing existing housing now:
North of Lincoln and
South of Lincoln and West of Naito.
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Sure, but we are talking about two different things. There is definitely a market for housing and what the developers of Riverplace want to do would be a very attractive development for anyone looking for a picturesque urban view.
The sites that the city owns downtown, I am not sure what their plans are or if they would want to risk building affordable housing on those locations or any housing. It might be better for them to hold onto those properties as bargaining chips with developers that have private money to develop those sites.