#1,604 - Portland desperate for solutions changes policies to convert office space into housing
Two new ordinances approved by the Portland City Council are seeking to get more people to live full-time downtown as well as make the transition from office to housing more viable.
According to a release by the city, vacancy in Portland’s central business district is up almost 26%, and that rise is expected to continue.
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“The challenges we are trying to address are a critical shortage of housing supply and our central business district that lacks sufficient residential occupancy,” said Andrew Fitzpatrick, director of economic development for the city.
Many made their pleas to the Portland City Council as leaders look to solve two major city problems: A demand for housing and overwhelming vacancies in downtown office buildings.
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