1. An Eastbank Initiative An Eastbank Initiative

2. City Vision Portland City Council 2001

3. The Eastbank Initiative City Vision

4. Portland City Council 2001 The Eastbank Initiative City Vision

5. Portland City Council 2001 The Eastbank Initiative City Vision “A connection between neighborhoods and the river.”

6. Portland City Council 2001 The Eastbank Initiative City Vision “A reconfigured I-5 freeway to bring together both sides of the Central City and to revitalize the Eastside waterfront.”

7. This is not a new vision

8. How can we realize this dream?

9. Riverfront for People Goals 1. Bring people to the river. 2. More and better transit 3. Revitalize the East Bank 4. Two Golden Eggs 5. Livability

10. Riverfront for People Goals 1. Bring people to the river. 2. More and better transit 3. Revitalize the East Bank 4. Two Golden Eggs 5. Livability

11. Reconfigure the Freeway

12. Existing Freeway System

13. Option AOption BOption C Reconfigure Freeway

14. Option A

15. Option B

16. 7th Ave. Tunnel

17. Option C

18. Option AOption BOption C Reconfigure Freeway Your Option ?

19. Options for McLoughlin

20. Paul Allen Plan for Rose Quarter McLoughlin

21. Howell Plan for McLoughlin Viaduct

22. McLoughlin/New Bridge Connection

23. New Bridge cleans up ramps on West Side of Willamette

24. Move Railroad Right of Way

25. Plan to move Rail line (Freight and High Speed) to Grand Ave. Plan

26. Grand Ave. Tunnel

27. Underground Tracks in all versions

28. Paul Allen Plan for Rose Quarter

29. Rail Station Without Coliseum (One of many options for location of rail station)

30. Coliseum becomes Rail Station

31. Underground Rail Platforms

32. Riverfront for People Goals 1. Bring people to the river. 2. More and better transit 3. Revitalize the East Bank 4. Two Golden Eggs 5. Livability

33. Related Transit Improve- ment Concepts

34. Expand Ped/Bike Network

35. Bicycle and Pedestrian

36. Riverfront for People Goals 1. Bring people to the river 2. More and better transit 3. Revitalize the East Bank 4. Two Golden Eggs 5. Livability

37. Overall Urban Design Concept

38. Integrate Existing Preserve Historic Architecture

39. Integrate Existing Urban Fabric

44. Option 1Option 2Option 3

45. Esplanade Integrated into Waterfront Design

46. 6,000 to 10,000 Housing Units! A new urban neighborhood where the freeway is today. 6,000 to 10,000 Housing Units! A new urban neighborhood where the freeway is today.

47. The Freeway Land, now owned by the State, can require workforce housing.

48. Option 1: Intense Development

51. Option 2: Riverfront Restoration

53. 1852

54. Eastbank South 1890

55. Option 3: Balanced District

59. Marquam Bridge Fragment

62. Option 1Option 2Option 3Your Option ? Revitalized East Side 1234

63. What are the Benefits?

64. The Financial and Economic Benefits of Option 3

65. Eliminating freeway and Marquam Bridge adds 43 acres of land on the Riverfront.

66. 18 Acres to develop

67. $200 Million Total Assessed Value (18 Acres at Option 2 Densities) Land Improve- ments

68. Riverfront for People Goals 1. Bring people to the river 2. More and better transit 3. Revitalize the East Bank 4. Two Golden Eggs 5. Livability

69. West Side East Side

70. Value of 198 acres of land on the river ($Million) Eastside $94 Westside $525

71. EastsideWestside Private Sector Jobs in Firms 2,364 >10,000

72. High Paying Jobs EastsideWestside 400 3,541

73. At least $1.5 Billion, beyond the current $358 million, to the total assessed value (Land and Buildings) of the District. Option 3 adds:

74. 1,500 jobs (1,100 of which are high-paying) More than $1 Billion in business activity. Option 3 adds:

75. Industrial Sanctuary? No significant takings Better access North & South Owners decide when/if to sell Leave sanctuary 7th to 12th No significant takings Better access North & South Owners decide when/if to sell Leave sanctuary 7th to 12th

76. Riverfront for People Goals 1. Bring people to the river 2. More and better transit 3. Revitalize the East Bank 4. Two Golden Eggs 5. Livability

77. This Eastbank Concept is an economic development plan Livability builds jobs in our knowledge economy

78. Why do people move to Oregon? It’s not the weather. It’s not the favorable tax structure. It’s not to find jobs in a rapidly-expanding industrial base. It’s not our educational system. Yet, Oregon and Portland metro both grew by 20% in the 1990s. And unemployment hit record lows, despite the influx.

79. Livability means knowledge jobs In keeping with 1984-2001 trends, companies existing in 1992 in the Portland Metro area LOST 170,000 jobs by 1999. Yet the Metro area gained 100,000 net jobs in the 1992-1993 period, with more than 270,000 jobs being added from new, small companies started after 1992. These jobs are in the knowledge economy--the result of what’s in people’s brains.

80. Urban Life Attracts Dynamic People In Metro areas like Portland, both incomes and rents grew faster nearer the central city in the 1990s.

81. Creative People Like Urban Density They know density means theatres, libraries, coffee shops, etc.

82. Entrepreneurs value their time They know if they live near where they work, they spend less time commuting.

83. Dense urban neighborhoods can incubate knowledge communities. Ideas travel faster, too, in dense urban neighborhoods. Look at Lower Manhattan in New York, or South of Market in San Francisco, for excellent examples of knowledge company incubation. Business Services. Multi-media companies. Creative companies.

84. Not only a “Portland Wins” Strategy The Eastbank must be part of a larger strategy that includes other regional centers-- Gresham, Hillsboro, Beaverton, and Oregon City

86. The Regional Centers Strategy Build more dense, sophisticated, transit- oriented urban centers in our ‘regional centers’. Intense, high-capacity, multi-modal, multi- destinational transit in the suburbs -- buses, streetcars, and Metro light rail. Our region stays livable because density keeps the urban growth boundaries intact. Walk to libraries, theatres, coffee shops, etc.

87. We Propose a Marriage Marry our need for regional center infrastructure with our need for industrial land. We need both strategies. One serves the knowledge economy by providing the land for new jobs, and the other serves the knowledge economy by providing livable urban neighborhoods.

88. We Propose a Marriage (2) Our regional centers economic development strategy relies on keeping the urban growth boundary for livability. To have enough industrial land within the UGB, you have to keep big box retail out of industrial land, zone for more industrial land regionally, and prohibit other uses. Not a conflict with our strategy.

89. Transportation Funding City Suburbs

90. City Suburbs End the Zero Sum Game Expand pie to serve both strategies

91. Riverfront for People III The Eastbank Initiative What are we asking for?

92. A petition to the City of Portland, Multnomah County, Tri-Met, Metro and the State of Oregon. We are asking you to sign a petition: