Council rejects nearly 3,000 new homes
Although the City Council has repeatedly proclaimed a housing shortage crisis, it recently voted down proposals for more than 2,900 new units, including 500 priced below market value in downtown.
On Wednesday, the council rejected a plan to build 275 new apartments in the Pearl District and a zoning change that could have produced 2,617 more in the RiverPlace area along the west bank of the Willamette River — including 500 that would have been affordable to households earning 80 percent or less of the regional income.
Before that, the council rejected a proposed subdivision in Southwest Portland designed for 12 homes.
The RiverPlace maximum height adjustment will be reconsidered on March 22.
Although the reasoning was different in each of the decisions, the result is a potential loss of nearly 3,000 new homes. This happened despite the fact that the council declared a housing emergency in each of the last three years.
Most of the new units the council rejected would have been relatively expensive. But economists say that increasing the total housing supply will help reduce costs.
The three projects rejected by the council were the 17-story Fremont Place Apartments in the Pearl District, a major redevelopment in the downtown RiverPlace area, and the proposed Macadam Ridge subdivision.
You can read previous Portland Tribune stories on all of the proposed projects at: