The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Wednesday, May 31, 2017
Portland Development Fees to Rise, Effective July 1
The Daily Journal of Commerce reports that the Portland City Council approved an increase in development fees last week. The new fees are set to take effect July 1, 2017. Costs for a type II development review would increase 4.3% to $1,617 (currently $1,551); type III master plan review costs will rise 4.3% to $13,351 (currently $12,801); the pre-application conference fee will increase by 4.2% to $1,150 (currently $1,104); and early assistance meeting fees would rise 3.9% to $632 (currently $608). Read more.
Labels:
#development,
#oregon,
#Portland
Location: Portland, Ore.
Portland, OR, USA
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