PORTLAND & STREETCAR: Growing Together · The Portland Streetcar is at the forefront of...
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The Portland Streetcar is at the forefront of Portland’s growth. When city officials planned our first streetcar line in the 1990s, they knew that the success of our transit system was closely linked with housing development in the central city. As a community, we’ve planned our land use and transportation systems together in a way that fosters vibrant neighborhoods and connects Portlanders to jobs, schools, and services. Today, we continue to see the results of that planning. Over the past 17 years, streetcar ridership has grown steadily along with housing construction, with over 15,000 riders per day and 4.8 million total riders last year. In 2017, 2,936 new multifamily housing units were built along the streetcar corridor. To meet increased demand, two new streetcars are being built and will enter service in 2020. As we continue to plan for a growing, vibrant city, the Portland Streetcar will play a leading role in guiding where and how housing investment happens. PORTLAND & STREETCAR: Growing Together HOUSING ALONG THE STREETCAR CORRIDOR of all housing units built in Portland in the last 20 years 49% housing units built in 2017 2,936 new units planned or under construction 11,282 in real market value created since 1998 (19.1% of real market value citywide) $11.1 BILLION Located within 1/4 mile of the Portland Streetcar tracks are: 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 PORTLAND STREETCAR RIDERSHIP AND NEARBY HOUSING DEVELOPMENT HAVE SOARED Total Housing Units Within 1/4 Mile of Streetcar Average Weekday Ridership PortlandStreetcar.org
Transcript of PORTLAND & STREETCAR: Growing Together · The Portland Streetcar is at the forefront of...
The Portland Streetcar is at the forefront of Portland’s growth. When city officials planned our first streetcar line in the 1990s, they knew that the success of our transit system was closely linked with housing development in the central city. As a community, we’ve planned our land use and transportation systems together in a way that fosters vibrant neighborhoods and connects Portlanders to jobs, schools, and services. Today, we continue to see the results of that planning.
Over the past 17 years, streetcar ridership has grown steadily along with housing construction, with over 15,000 riders per day and 4.8 million total riders last year. In 2017, 2,936 new multifamily housing units were built along the streetcar corridor. To meet increased demand, two new streetcars are being built and will enter service in 2020.
As we continue to plan for a growing, vibrant city, the Portland Streetcar will play a leading role in guiding where and how housing investment happens.
PORTLAND & STREETCAR: Growing Together
HOUSING ALONG THE STREETCAR
CORRIDOR
of all housing units built in Portland in the last 20 years
49%
housing units built in 20172,936
new units planned or under construction
11,282
in real market value created since 1998
(19.1% of real market value citywide)
$11.1BILLION
Located within 1/4 mile of the Portland Streetcar tracks are:
24,000
22,000
20,000
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
PORTLAND STREETCAR RIDERSHIP AND NEARBY HOUSING DEVELOPMENT HAVE SOARED
Total Housing Units Within 1/4 Mile of StreetcarAverage Weekday Ridership
PortlandStreetcar.org
PortlandStreetcar.org
NORTHWEST PORTLAND’S NEXT CHAPTER
The neighborhood has hosted a world’s fair, drawn crowds to the city’s first professional baseball stadium, and served as the point of entry to Forest Park. And over the past century, Northwest Portland has become one of the most densely populated residential areas in Oregon, as each generation added a new layer of architecture alongside the buildings of the past.
As we look to the future, the neighborhood’s northern section (from NW Vaughn to Nicolai) offers an opportunity to redevelop more than 45 acres and support the return of the streetcar, helping to restore activity to an area of the city that was once buzzing with culture and commerce.
THE OPPORTUNITY
The Bureau of Planning and Sustainability projects that the land within a ¼ mile of the expanded streetcar route in NW Portland has the potential to support 18,000 jobs and 9,000 housing units by 2035.
45+ ACRES OF LANDready for redevelopment between NW Vaughn and Nicolai
DIRECT ACCESS to Forest Park and the Willamette River
A variety of adaptive reuse and new CONSTRUCTION PROJECTS
NEW PEDESTRIAN, BIKE, AND VEHICLE CONNECTIONS
405
30
Lloyd Center
Rose Quarter
Steel Bridge
Burnside Bridge
NE G
RAN
D AV
E
NE M
LK JR BLVD
NE 7TH
AVE
84
5
Montgomery Park
Riverwalk Access
NW VAUGHN ST
NW NICOLAI ST
Proposed Streetcar Expansion
Existing Streetcar Lines
Redevelopment opportunity areas
LEGEND
