Old Town Overview

Old Town Overview

Old Town is ready for renewed, focused attention. The area is rich with history, culture and a built environment that is conducive to smart growth development.

Old Town has undergone a revival in recent years and benefited from private investment. Four catalyst projects in Old Town either opened or are currently under construction, three of which utilized city investment. The Barcelona, a four-story housing development with 47 units, held its grand opening in December 2015. The completion of The Barcelona is a noteworthy event as this is the first major affordable housing development project to be constructed in Old Town in decades.
Map of Beaverton Old Town area graphic link to web page.
Franklin and Tucker Apartments, a 70 unit complex opened its doors in the summer of 2015. Meanwhile, two other projects, The Rise Old Town and La Scala, broke ground in 2015. Both projects are mixed-use and will create an additional 131 housing units as well as new commercial space in Old Town.

BURA's Five Year Strategy–Old Town

 

Beaverton's Old Town continues to be a high priority for urban renewal investments. This area has a wealth of community assets and has benefited from significant interest from developers in recent years. BURA will be leveraging private investment through projects that enhance the public realm. This includes a focus on the city's Storefront and Tenant Improvement programs, as well as the Pre-development Assistance Grant program.

The BURA allocation of funds for the next five years is $3,806,310. Individual fiscal years are allocated below:

  • FY17-18 = $1,358,750
  • FY18-19 = $228,780
  • FY19-20 = $293,750
  • FY20-21 = $518,750
  • FY21-22 = $1,406,250

Catalyst Projects


For a complete list of catalyst projects, please see the
BURA Project Map.
BURA Allocation of Funds Five-Year ForecastBURA allocation of funds for the five years FY17-18 through FY21-22
Old Town Area