Metro and TriMet are taking concrete steps this summer to determine if it’s feasible to build a tunnel underneath downtown Portland and the Willamette River to speed up light rail trains and provide an alternative river crossing to the aging Steel Bridge.
Portland is about to see a flurry of construction because of a provision in the 2017 tax overhaul that led to the creation of more than 8,700 “opportunity zones” across the country—areas that, in theory, have been ignored by investors and need generous tax breaks to catch up. But Oregon did an audacious thing: . . . Click on link above for Bloomberg article.