Lents Town Center Updates
Lents Town Center
In September 1998, the City Council established a Lents Town Center Urban Renewal Area in order to accomplish community goals. These include generation of new family wage jobs, assistance to new and existing business, improvements to local infrastructure such as streets and parks, new housing construction and improvements to existing housing.
A community-led planning process has produced several significant proposed changes to the Lents Town Center URA. Accordingly, the Council will consider a separate ordinance to approve an amendment to the Lents Town Center Urban Renewal Plan. The amendment will expand the district’s boundaries to include several underdeveloped commercial areas adjacent to the existing district – most notably, the commercial corridor along S.E. Foster Road. In addition, in order to complete work in the Lents Town Center and support the small businesses in the areas proposed for annexation, the amendment will increase the maximum indebtedness that may be incurred under the plan to a new total of $245 million. The Lents Town Center ordinance constitutes a substantial amendment to that district’s urban renewal plan.
The specific expansion areas are:
Letters of Support (.pdf)
Public hearings
Portland City Council
City Hall Council Chambers
1221 SW Fifth Ave
Portland, OR 97204
June 18, 2008, 9:30 a.m.
June 25, 2008, 9:30 a.m.