Multifamily, transit-oriented developments create jobs, boost economy
Communities in the Portland metropolitan region are seeing streetscapes and skylines change with multifamily, mixed-use developments located near transit that not only provide needed rental housing, but create jobs and generate economic activity. Two transit-oriented projects tell a story repeated throughout the Portland region and the nation: the smart money is on development projects that push economic recovery.


Humboldt Bay Energy, a corporation registered in Nevada but operating out of Eureka, Calif., has come forward as interested in buying the site, and the bankruptcy court trustee charged with selling Blue Heron's assets said the company is furthest along in the process of buying the property.
Review of the industrial replenishment concept show its benefits would be limited, Metro staff says. Meanwhile, work continues on creating an inventory of the Portland region's available large employment sites.