Skip sidebar navigation

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.

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

Downtown-Civic Center

Project Overview

We have been listening to the Gresham community for many years about what desires and aspirations they have for investments and improvements in our city. Despite all the planning that has gone into many of these areas of improvement, there have been many challenges along the way that stall progress, largely due to lack of financial resources.

By leveraging community support and recent success in revitalizing downtown Rockwood-West Gresham, we have another opportunity to utilize a powerful urban renewal tool in tax incremental financing (TIF) to help spur investments in our downtown and civic core and make some of these dreams a reality over the next thirty years. The size of this urban renewal area is approximately 900 acres and located in the Downtown-Civic area. View the Downtown-Civic urban renewal boundary map.

Background
FAQs
Contact

From Rockwood Rising to Downtown Rockwood : A Timeline

1 of 13
  • 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.