Portland Ramps Up Shelter Capacity Amid Homelessness Challenge, Oregon Swiftly Meets Statewide Emergency Housing Goals
Portland is expanding its homeless shelter capacity, aiming for 780 beds by year-end, and implementing new long-term housing solutions, alongside Oregon's progress in addressing homelessness statewide.
Major US Cities Including Portland and San Francisco Tackle Rising Office Vacancies and Resilient Commercial Real Estate Market Shifts
Real estate markets in major US cities are facing high vacancy rates and economic challenges, with weak demand and landlords adapting via flexible leases and property conversions.
REI Closes Pearl District Store in Portland After 20 Years, Cites Crime and Safety Concerns
REI closed its Pearl District location in Portland due to safety concerns and a rise in thefts. The decision coincides with a larger corporate restructuring resulting in nationwide layoffs. A new store is planned for Beaverton in spring 2024.
Albina Vision Trust Seeks to Purchase Portland School District HQ, Proposes Relocation to Transform Community
The Albina Vision Trust proposes to acquire Portland Public Schools' headquarters to address maintenance costs and revitalize historic North Portland with new housing and developments.
California's Emmerson Family Surges Ahead as America's Top Private Landholder; Chinese Billionaire Tianqiao Chen's Oregon Timber Holdings Draw Political Scrutiny
The Emmerson Family and Tianqiao Chen are significant private landowners in the U.S., with recent acquisitions increasing their holdings, amid concerns from officials about foreign ownership.