3500 NE Martin Luther King Jr. Blvd., Portland, OR 97212

A long vacant corner lot is transformed into a mixed-use building with office, restaurant and retail

The intersection at Fremont Street and Martin Luther King Jr. Boulevard in Notheast Portland had long been the site of criminal activity and a long-vacant corner market. The location was identified by the City's redevelopment agency as a potential gateway to the King neighborhood and the rapidly-changing Albina area.

The Fremont Building, completed in 2007 by local minority developers, incorporates 9,500 SF of ground floor restaurant and retail, upper-floor office space, and parking.

Development Type: Mixed-use development

Project Timeline: Completed Summer 2007

Project Partners: Portland New Markets Fund I, LLC; Portland Development Commission; Wells Fargo Community Development Corporation; Fremont
Partners, LLC

Total Project Cost: $3.8 million

NMTC Allocation: $4.2 million

Total Economic Impact: $56.6 million

Jobs: 118

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