Greater Portland Featured Real Estate

The Broadway Corridor project

The Broadway Corridor, which encompasses the downtown Portland U.S. Postal Service site, is a key opportunity site for high-density employment, mixed-income housing, and signature city attractions and amenities. This project will connect the Old Town/Chinatown and Pearl District neighborhoods, with the goal to maximize community benefits, particularly to those groups that haven’t benefitted from other urban projects.

Background

The 34-acre Broadway Corridor site is located within the Central City in northwest Portland. The majority of the properties within the Broadway Corridor  are owned by Prosper Portland, including the 14-acre U.S. Postal Service (USPS) site, which is jointly owned with the Portland Housing Bureau (PHB).  The project offers the potential to create nearly 4 million square feet of new economic, business, social and community development opportunities.  The location and size of the Broadway Corridor represents an opportunity to realize Prosper Portland’s vision for an equitable economy by advancing prosperity, creating a vibrant neighborhood, and supporting living wage jobs.

The Broadway Corridor site is at the heart of a transportation network that includes light rail, streetcar, and bus, with multiple stops of each mode within 1/8 of a mile of the site, as well as Prosper Portland-owned Union Station. This will help in making the site accessible to all. It will be the gateway to downtown Portland.

Category: Mixed-Use Development Site • Posted On: 03-06-2026 • Last Updated: 7 hours ago