The latest news of interest to multifamily housing investors in Oregon and Washington.
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Monday, March 20, 2017
Metro to Decide on Designating Urban Reserves April 13
The Metro Council has stated it will delay the decision to designate 23,031 acres for urban reserves until April 13th. The inclusion of the hamlet of Stafford in the designated acreage has caused objections from the cities of Tualatin, Lake Oswego, and West Linn. If certified, the acreage would be open to development for the next 50 years. The Home Builders Association of Metropolitan Portland and Stafford Land Owners Association have endorsed the Metro Council's plans. Read more.