Gateway Urban Renewal AreaPDC Overview: Why Gateway?By 2015, the Gateway Regional Center is projected to be one of the most accessible locations in the Portland metropolitan area due to its superior transportation system: adjacent to two interstate freeways, light rail transit to downtown, the airport, Gresham and in 2009, Clackamas Town Center. The Gateway Regional Center urban renewal area effort is collaboration between members of the Gateway community and the City of Portland to guide future growth anticipated by the Metro 2040 Growth Concept. In February 2000, the Opportunity Gateway Concept Plan and Redevelopment Strategy was accepted by the Portland Development Commission and the City Council. Developed by the community, the plan envisions upgrades to the transportation and open space networks in Gateway, as well as new housing, employment and public institutions such as an education and/or arts center. To fulfill the Concept Plan, the City Council approved the Gateway Regional Center Urban Renewal Plan in June 2001. This established the Regional Center as a tax increment district capable of financing up to $164 million for public improvements over 20 years. |
