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Urban Renewal

Urban renewal is an economic development tool used in over 100 urban renewal areas in Oregon. Urban renewal does not increase your property taxes. 

How it works

  • It dedicates funds to an identified neighborhood so a city’s urban renewal agency can focus on improving the area. 
  • It is often used to provide infrastructure to help spur economic development.
  • Urban renewal changes how the existing taxes paid on a property are divided out amongst different taxing districts like the City and Multnomah County. 
  • As the value of properties in the urban renewal district increases, money becomes available to use on the projects.
  • Urban renewal in Gresham can provide funding for projects.

The Gresham Redevelopment Commission (GRDC) administers the Gresham's renewal plans.

Projects

Downtown/Civic

Downtown/Civic is a proposed 900-acre urban renewal area with an estimated $211 million to be invested over the next 30 years. Learn more.

Rockwood

Project Overview

Gresham's 20-year urban renewal plan includes improving Rockwood's economy and community. It's a partnership among residents, property and business owners, and the City of Gresham.

A citywide vote in 2003 established the 1,211-acre Rockwood-West Gresham urban renewal area. In 2022, Gresham voters approved extending the urban renewal district from 2023-2029. This gives the City more time to spend approximately $37 million over the next years on new projects.

Rockwood B188
Project Stats
2024 Accomplishments

From Rockwood Rising to Downtown Rockwood : A Timeline

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  • The Downtown Rockwood development is creating opportunity in the heart of the community.

  • In addition to dining and shopping, the Downtown Rockwood Plaza features a splash pad, playground and community events throughout the year.

  • Award-winning Migration Brewing opened a production facility and restaurant in the Rockwood urban renewal area in 2018.

  • The CareOregon Boys & Girls Club at Rockwood opened in October 2017.

  • Visit the Rockwood Market Hall a fresh, authentic dining center and marketplace featuring the diverse flavors of Rockwood.

  • Providing a safe presence, the Rockwood Public Safety Facility opened in 2013 at 675 NE 181st Ave. 

  • The Lumen Business Center offers support services from a preschool to foster young minds, to workforce training and small business coaching.

  • This urban renewal project with TriMet modernized the Rockwood/E 188th Avenue MAX Station with added safety features and  "Rockwood Sunrise" art. It reopened in May 2011.

  • Dutch Bros. Coffee in Rockwood after an urban renewal storefront improvement grant.

  • Rockwood Station apartments after an urban renewal rehabilitation grant.

  • Sandy Boulevard street improvements completed in 2021. This public improvement project will attract new industrial development to the urban renewal area.