Monday, September 28, 2009

South Waterfront part 2 takes shape

From the Oregonian:

Portland has grand plans for the second phase of high-rise development in the South Waterfront district. But those plans will come with a grand cost. The city projects that a single road project will cost the public $66.5 million. That road -- six-tenths of a mile on Moody Avenue -- is far more than asphalt. It's a new pair of streetcar tracks, new utility piping and new bike lanes. All of that will rise up to 14 feet higher than the existing Moody Avenue to get above the flood plain and accommodate a light-rail line on its way to Milwaukie. City leaders, in a pitch for U.S. economic recovery grants, said the work would unlock prime riverfront land to new development and potentially growing companies. The project has regional benefits of corralling growth, cutting carbon emissions and expanding streetcar capacity to other neighborhoods, Portland officials believe.
"This is what will produce livable communities," said Art Pearce, senior project manager in the city's transportation office.

The Moody Avenue project is part of a $78 million effort to spark redevelopment in an area the city calls the "Innovation Quadrant." The area runs from Portland State University to Oregon Health & Science University to South Waterfront and across the river to OMSI.


The Innovation Quadrant? Seriously!?


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