Prime development sites in the heart of downtown Portland, Oregon
Downtown Development Group owns a large portfolio of Opportunity Zone property available for development.
- Over 25 central locations available for immediate development
- Established zoning entitlements
- Key locations in every sub-district including the West End, Pearl, Ankeny Blocks, Bridgeheads, Portland State, North Park Blocks
- Opportunities include land lease and land (with potential additional equity) contribution
Prime Opportunity Zone Development Sites
Opportunity Zones – codified as part of the 2017 Tax Cuts and Jobs Act – have afforded investors an unparalleled mechanism for generating tax savings through real estate development. Virtually all of downtown Portland has been overlaid as a Qualified Opportunity Zone. The result is a generational opportunity to develop and own tax-advantaged, prime real estate in one of the nation’s most dynamic markets.
Downtown Development Group owns approximately 25 available Opportunity Zone development sites of differing sizes and entitlements in downtown Portland. Please contact us for co-investment or ground lease opportunities.
- 11 land parcels capable of supporting millions of square feet of mixed-use development
- Located in an Opportunity and Enterprise Zone
- Unique opportunity to develop an urban campus in the heart of downtown Portland
- Multiple projects currently under development
- Neighborhood home to some of Portland’s most notable technology tenants, including New Relic, AirBNB, Puppet Labs, and Google
- Area well served by bike lanes and mass transit