Clinton Triangle

Portland, USA

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Clinton Triangle is a six-acre swath of land at the southeastern edge of the Central Eastside in Portland, Oregon. It is one of the last underdeveloped contiguous parcels within Portland’s Central City. Given Portland’s recent investment in an adjacent light rail station, the city seeks proposals that prioritize high-density development driven by transit, support affordable housing and other community benefits, and implement innovative measures that foster resiliency and sustainable development.

Clinton Triangle is one of the last underdeveloped contiguous parcels within Portland’s Central City. The site is a six-acre swath of land at the southern portion of Portland’s Central Eastside district. This district has played a significant role in the city’s economy for more than 150 years and is home to 1,000 businesses ranging from industrial to knowledge-based and design that employ an estimated 17,000 people. Its location and urban character make it a highly attractive and desirable place for other uses including residential and commercial. As a result, the Central Eastside has experienced an unprecedented amount of growth with new industries, while older industrial buildings are shifting to a greater mix of office and retail. The site is adjacent to two mixed-use and residential neighborhoods — Hosford Abernathy to the north and Brooklyn to the south. The area also encompasses the Oregon Museum of Science & Industry (OMSI), one of the nation’s top science museums.


The site is well-served by a variety of public transit modes including the MAX Orange line, bike paths, and several bus lines. In addition, given Portland’s recent investment in an adjacent light rail station, the city seeks proposals on this site that prioritize high-density development driven by transit, support affordable housing and other community benefits, and implement innovative measures that foster resiliency and sustainable development. 

Information

Expected program
The City seeks proposals that prioritize mixed used, high-density development. Affordable housing as well as space for local retail and community services that serve the neighborhoods should also be included in the development program.  Finally, the proposals need to maintain a fire station that can either be a standalone building (existing Fire Station 23) or incorporated into a new development.

Owner

The Clinton Triangle consists of two primary parcels owned by separate entities. The NW parcel is owned by the City of Portland (Portland Fire & Rescue and Water Bureau). The SE parcel is owned by Stacy and Witbeck

Plot area
6.65 acres (2,7 ha), divided in two parcels: NW parcel (3.4 acres) ; SE parcel (3.25 acres):

Type of property transfer intended

Proposals should address the Clinton Triangle with a cohesive redevelopment program for the full six acres. However, there will be two separate transactions for property transfer with specific requirements for each. The City of Portland will consider a lease, purchase and sale agreement with a financial participation mechanism or other innovative approaches. Stacy and Witbeck will consider a lease or purchase and sale agreement with a financial participation mechanism.  The company wishes to maintain its regional office at the Clinton Triangle and would prefer to lease the space for an estimated 15 employees. 
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