Portland's Vanport Square Inverts Phasing

Summary


Long in development, the first phase of the three-phase Vanport Square project on Martin Luther King Jr. Boulevard has opened. But concerns about current economic conditions have forced developers and the Portland Development Commission to rethink how the project progresses.

The first phase of Vanport Square contains 42,000 square feet of commercial condominium space. Ten of the 16 spaces have already been bought by small businesses, and two more are expected to sell in the near future.

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Extract


Portland's Vanport Square Inverts Phasing

Originally planned as the last phase, the leased commercial property element of the development will be the n...

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