PORTLAND-The City of Portland’s urban renewal agency, the Portland Development Commission has acquired the Grant Warehouse site on Northeast Martin Luther King Jr. Boulevard with plans to replace the existing building with a residential-over-retail development.

The 16,200-sf site is located near the intersection of MLK Boulevard and Fremont Avenue and is seen as a key commercial redevelopment “node.” The property holds a 19,000-sf building that had been used by the previous owner as a metallurgical laboratory to recover precious metals from waste received from other facilities.

In late 1998 and early 1999, an Environmental Protection Agency investigation found more than 10,000 containers in the building, including 55-gallon drums of industrial wastes. After tests demonstrated high concentrations of heavy metals in deteriorating containers, the EPA determined there was imminent threat to human health and the environment and began emergency abatement action.

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.