|Urban renewal is a program to help Oregon cities and counties renew areas within the city's boundaries. Urban renewal and tax increment financing are ways for local governments to focus investments on a particular area in order to bring about public and private upgrades. |
The public upgrades include infrastructure such as streets, roadway improvements, sidewalks, utilities, public spaces, or plazas. These upgrades address declining areas, provide incentives to attract business and housing, build streets, and utilities, address traffic flow and public safety, and support private investment in the area.
The Central Beaverton Urban Renewal Plan allows up to $150 million as the maximum indebtedness that could be incurred under the plan over a 30-year period.
Purposes of the Central Beaverton Urban Renewal Plan is to:
- Encourage improvement of older blocks and buildings
- Provide incentives to increase property values through private investment
- Fund road, water and sewer projects
- Make downtown more usable for pedestrians and bicyclists
- Support business investment, housing creation and job growth
Timeline of Urban Renewal in Beaverton
1972 Urban Renewal Plan
The last urban renewal plan for the City was enacted in 1972. This 1972 plan included completion of the following projects with associated amenities, like landscaping and street lighting:
- Hall Boulevard / Watson Couplet between Cedar Hills Boulevard and Allen Boulevard
- Farmington Road direct connection to Beaverton Hillsdale Highway
- Farmington Road from Lombard Avenue to Murray Boulevard
- Fifth Street connection from Lombard Avenue to Western Avenue
- Center Street from Hall Boulevard to 114th Avenue
- 117th Avenue from Canyon Road to Center Street
- Broadway Street from the west entrance on TV Highway to 117th Avenue
- Tualatin Valley Highway overpass above the new Burlington Northern Railroad at 160th Avenue
- Four parking lots in the downtown area
- Interconnected traffic signal system for the urban renewal area.
2008 Charter Amendment
On November 4, 2008, Beaverton voters approved Measure 34-160 to amend City Charter language regarding urban renewal.
Passage of Measure 34-160 resulted in the following City Charter language:
Section 44. LIMITATION OF POWER OF THE GOVERNING BODY OF THE CITY OF BEAVERTON IN REGARDS TO URBAN RENEWAL.
Section 1. The Governing Body of the City of Beaverton shall not approve any Urban Renewal Plan unless approved by a majority vote in the City of Beaverton at a November or May election. Further, any urban renewal agency shall not be comprised exclusively of members of the City Council.(Amendment approved by the voters November 4, 2008)2010-2011: Development of Urban Renewal Plan
November 2011: Beaverton Urban Renewal Plan approved by voters. Check November 8, 2011 election results
2012-2030: BURA developing started to implement Central Beaverton Urban Renewal Plan by new programs and projects within the urban renewal area.
A Central Beaverton Urban Renewal Advisory Committee (URAC) was established by the BURA Board in May of 2012. Generally, the URAC meets on the first Monday of the month at 7:00 p.m. Generally, the BURA Board meets on the fourth Tuesday of the month.
The Beaverton Building
at The Round
12725 SW Millikan Way
P.O. Box 4755
Beaverton, OR 97076
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