Last week the Portland Development Commission (PDC) held an informational meeting with Harsch Investment Properties on the potential development of Centennial Mills in a $115 million project that would keep two of its 12 structures while turning the eyesore into a mixed-use development of residential, office and retail space. Harsch Investment has spent $1.4 million exploring development options and is requesting a $38.5 million investment of public funds.
The PDC is likely to schedule public meetings in the coming weeks and may even have a development agreement drafted with Harsch by next month.
Centennial Mills Images: Future Iconic Gateway to the Pearl?
No comments:
Post a Comment
Thanks for your comment! It has been sent to the moderator for review.