Welcome to the Future of Urban Renewal

For more than 50 years, the Portland Development Commission has been the city's urban renewal agency, making an integral contribution to many of Portland's most important landmarks, including public plazas, parks and transit systems. Today, we view urban renewal through a different lens, one that strongly reinforces our commitment to invest PDC's financial and human capital to serve the city and its citizens. Two current proposals highlight our new direction:

  • Neighborhood Prosperity Initiative
    This community-driven, self-help economic development approach proposes the creation of up to 6 small urban renewal areas in east Portland, where investments in priority neighborhoods will boost neighborhood business growth, provide economic development opportunities and improve community-wide prosperity.
  • Education URA
    The new urban renewal area will drive the expansion of Portland State University as a leading engine of economic growth, prosperity, and opportunity, with investments targeted toward educational and entrepreneurial advancement.