When the $3-million project is completed next summer, hopefully, Port City Development will have six units of transition housing and work-training facilities on the property, located at 2110 N. Williams Ave. The project was originally scheduled to be complete this past December, but cleaning away the lead and acid residue took longer than expected, despite not being as bad as expected.

Port City's development is being funded in part by $2 million in Multnomah County Revenue bonds to be paid off with car rental taxes. Port City has raised the remaining $1.3 million required for issuance of the bonds.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.