ARTICLE
After the success of Tigard’s River Terrace 1.0 development in adding roughly 500 acres for housing, members of the HBA’s Government Affairs committee have requested a listening session with Tigard staff and elected officials regarding River Terrace 2.0. The second edition of River Terrace again seeks to plan out an additional 500 acres for new neighborhood development in a UGB expansion area. The HBA has concerns with the proposed development plan. While River Terrace is a large greenfield site the plan calls for a rigid and prescriptive in-fill pattern that will create financing and construction challenges for developers in the area. Tigard officials have expressed a willingness to meet with the development community to discuss these concerns. Expect an update with more details once a listening session is scheduled.
After the success of Tigard’s River Terrace 1.0 development in adding roughly 500 acres for housing, members of the HBA’s Government Affairs committee have requested a listening session with Tigard staff and elected officials regarding River Terrace 2.0. The second edition of River Terrace again seeks to plan out an additional 500 acres for new neighborhood development in a UGB expansion area. The HBA has concerns with the proposed development plan. While River Terrace is a large greenfield site the plan calls for a rigid and prescriptive in-fill pattern that will create financing and construction challenges for developers in the area.
Tigard officials have expressed a willingness to meet with the development community to discuss these concerns. Expect an update with more details once a listening session is scheduled.