Well, this is exciting: Change ready to pounce on Lents
According to the Portland Tribune, the Portland Development Commission plans to invest $25.7 million in Lents over the next five years as part of a new action plan for the area. That’s a big score for our neighbors to the east. A much needed score, too.
But this is not just a score for Lents. Foster Road, in general, has been neglected over the years, and the PDC wants to correct some of its missteps in the Lents Town Center and encourage more investment and growth in the Heart of Foster.
For clarification, our stretch of Foster Road is included in the Lents Town Center Urban Renewal Area. That means more public investment will be coming our way, too. As the article points out, the PDC will be narrowing its scope to focus primarily on the commercial hubs of 92nd and Foster, as well as the “Heart of Foster” centering around SE 67th.
Coupled with (anticipated) new streetscape and traffic improvements that would bridge the two districts, Foster stands to get a lot more snazzed up in the coming years. And if the PDC’s facilitation of the Portland Mercado and Z Haus Brewery are any indication, they mean business this time.
I guess one good thing about the PDC’s past blunders in the Lents URA is new hope for corrective action. That hope now comes in the form of nearly $26 million. According the Tribune article, investments in the two districts will include, among other things, assisting local businesses, creating jobs, and creating affordable housing. Presumably, that will be in addition to current efforts to improve storefronts and lure more investment into the area (hint: someone to buy the Phoenix Pharmacy or set up shop in the former Save-A-Lot space).
Godspeed, PDC. Godspeed.