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Port of Portland briefs Troutdale on TRIP investments, airport projects and an Opportunity Zone nomination
Summary
Port of Portland staff updated the Troutdale City Council on activity at the Troutdale Reynolds Industrial Park, airport maintenance and an Opportunity Zone nomination spanning four jurisdictions; the Port also detailed an impact-reduction program that addressed roughly 175 reports regionally last year, including 20 in Troutdale.
Port of Portland representatives briefed the Troutdale City Council on June 9 about economic activity at the Troutdale Reynolds Industrial Park (TRIP), airport maintenance issues and a joint Opportunity Zone nomination submitted to Business Oregon.
Dan Eisen, the Port’s regional affairs manager, and Chris (development manager) described TRIP as a legacy industrial site that now hosts major logistics and energy projects and generates direct employment and private investment for the region. “TRIP...we employ close to 5,000 jobs directly on site,” Chris said, and the Port estimates the site has drawn roughly $800 million in private investment.
Major tenants and facilities The Port summarized four principal TRIP developments: FedEx (occupying multiple lots with potential further expansion), Amazon (which took multiple lots about a decade ago), CNS Grocery Wholesalers (aka Sundial Logistics) and a recently developed battery-energy-storage site constructed to support grid resiliency after a partnership with an electrical utility. The Port said some lots remain available (lots 4, 5 and 9) and it expects potential transactions later in 2026; staff emphasized that industrial demand has cooled regionally since earlier cycles.
Airport and hangar topics Port staff described ongoing airport maintenance, short-term hangar-lease discussions with Multnomah County for an existing hangar and the potential capital cost of runway rehabilitation — work that typically requires FAA participation. The Port said prior master-plan work contemplated hangar migration but that full moves were not scheduled until the 2030s.
Impact reduction and homelessness coordination The Port described its impact‑reduction program for homelessness and illegal dumping on Port lands, reporting roughly 175 reports addressed this past year across the region (about 20 in Troutdale). The Port pointed the council to an online portal for logging reports and said staff coordinate outreach, trash collection and referrals to service providers.
Opportunity Zone nomination The Port explained it coordinated a joint application with Troutdale, Gresham, Fairview, Portland and Multnomah County to nominate a large Columbia‑Corridor tract for Opportunity Zone designation. The application was submitted to Business Oregon; the governor will forward selections to the U.S. Treasury between July and September. Port staff said designation could stimulate long-term private investment via deferred and potential waived capital‑gains treatment if investments remain for the statutory hold period.
Council questions and next steps Councilors asked for clarifications about tract boundaries (the southern boundary is largely I‑84 and the northern boundary includes the Columbia River and Government Island), hangar details and runway rehabilitation costs. Port staff reiterated the need for interjurisdictional coordination on homelessness, FAA involvement for runway projects, and expressed optimism about longer-term transactions at remaining Port lots.
What to watch: the Port said it expects to continue coordination with the city on economic-opportunity analysis updates later this year and to report back as sales or lease negotiations progress.
