Portland Enterprise Zone

Program Overview

The Oregon Enterprise Zone program is a State of Oregon economic development program that allows for property tax exemptions designed to encourage existing and new firms to invest in new capital outlays in certain designated areas.  In exchange for receiving the property tax exemptions, participating firms are required to meet the program requirements set by the state and the local jurisdiction. 

The purpose of the Portland Enterprise Zone program (“Portland E-Zone”) is to facilitate new investment by predominantly industrial-based businesses in Portland to create and retain quality jobs, and to expand awareness of local procurement opportunities within the Portland E-Zone boundary.  Additional benefits of the Portland E-Zone include assistance with training opportunities for the participating companies and their new employees and assistance to small businesses through community grant funding.

Qualifying for the program

The Portland E-Zone is a five-year property tax abatement program that works best for industrial-based firms planning to invest more than a million dollars in property assets (in construction and equipment) and create new or additional employment opportunities.  Once a qualified firm enters into the program it will receive full tax abatement on all qualified property for five years, consecutively, as long as annual compliance with program requirements is met.  See the Portland Enterprise Zone Policy for more details.

Find out if your company is in the Portland E-Zone

Go to www.portlandmaps.com. Enter in your address. Click the “Development” tab at the top of the screen.  Enterprise Zone eligibility will be indicated on the new page.

Applying for the Portland E-Zone program

Contact Sierra Gardiner, Portland E-Zone Project Coordinator, at (503) 823-2868 or gardiners@pdc.us, to begin the intake application for the program.  Submitting an application form does not pre-qualify your property.  Sierra can provide you with estimates and annual compliance information.  See the Written Agreement for more information on becoming authorized into the program.

 

 



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Portland Development Commission | 222 NW Fifth Ave | Portland, OR 97209-3859
Phone: 503-823-3200 | Fax: 503-823-3368
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