Council expands Vertical Housing Development Zone to Rockwood and Gresham Vista lot
Council approved Resolution 36‑24 to expand the Vertical Housing Development Zone boundaries to include parts of Downtown Rockwood and Lot 11 at Gresham Vista Business Park after staff cited an Eco Northwest displacement study that found no risk of direct physical displacement.
The full story
The council unanimously approved Resolution 36‑24 on Dec. 10 to expand the city—s Vertical Housing Development Zone to include selected parcels in Downtown Rockwood and Lot 11 of Gresham Vista Business Park. Interim Economic Development Manager Erica Fitzgerald summarized the program—s incentives: a 10‑year partial property-tax abatement (capped at 80% of new building value) and rules that promote mixed-use development, including a requirement that 50% of the ground-floor frontage face the primary street be commercial use.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in