Portland Street Fund Update

  Heather Hoell, Venture Portland Executive Director, sent Venture Portland business district members the following update:   On December 3 City Council again debated the proposed Portland Street Fund.  As a reminder, this debate was a second ‘First Reading’ of the ordinance to address the inclusion of a six-year sunset clause.  In addition, Mayor Hales and Commissioner Novick introduced an amendment to maintain current levels of funding for street maintenance during future budget years.  This proposal still isn’t yet in final form. During the hearing, as per The Oregonian article, Commissioner Novick said, “I think we’ll be cooking up another... read more

DTNA Headquarters project construction update

  Project Nova Director, Josh Palmer, provided the following update: Construction Update – December 2014 The noisiest part of our construction project – the installation of over 300 steel piles to a depth of 100-130’ – came to a successful close in early October.  We appreciate all of your patience in living through this process and are pleased that our contractor was able to conclude it two weeks earlier than planned.  Over the next two months, the construction activity on DTNA’s headquarters building project and greenway expansion will continue to increase as a variety of construction-related activities occur. While we... read more

Action Alert: Proposed street fund will collect $46 million per year from Portland businesses and residents

Venture Portland has provided the following summary to its business district members; in turn, SIBA is sharing it with our members. On Monday, Mayor Hales and Commissioner Novick announced the newly named ‘Portland Street Fund’ which will collect $46 million/year from businesses and residents (approximately $33.8 million will be available for transportation improvements). Venture Portland knows that safe and well-maintained roads are critical to the success of neighborhood businesses and business districts and a key component of a healthy, connected city and thriving economy. Which is why, over the last six months, Venture Portland joined neighborhood business owners and business... read more