Name: Portland City Council approves adding downtown to 'enterprise zone'
Uploaded: 2023-09-06T02:02:50Z
Channel: TEGNA

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Portland City Council approves adding downtown to 'enterprise zone'

Clip ID 2439239

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Description

The zone allows businesses with new investments downtown to waive property taxes for five years. Commissioners hope it will help revitalize the area and bring more businesses back during a lengthy post-pandemic slump for Portland's central city. Read more: https://www.kgw.com/article/news/local/the-story/downtown-portland-recovery-study/283-4143af3a-ae39-4cb1-8d65-4a60cc175207 Watch more The Story videos: http://bit.ly/watchTheStory Follow The Story on Twitter: https://twitter.com/TheStoryKGW Follow The Story on Instagram: https://instagram.com/thestorykgw

Station

KGW

Keywords

business local money news politics the-story downtown Portland Portland City Council enterprise zone downtown Portland enterprise zone portland businesses leaving portland businesses closing portland losing businesses businesses leaving portland oregon portland economy

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