Land Readiness Report
The Value of Jobs Coalition believes that quality of life begins with a good job and that a thriving economy creates the foundation for quality schools, healthy parks and happy families. There are a number of factors that help a metro region's economy thrive - an educated workforce, sound infrastructure, a coordinated transportation system and available land to grow and attract employers, to name a few. A recent study - sponsored by Business Oregon, Metro, the Oregon chapter of NAIOP (the Commercial Real Estate Association), the Port of Portland, and Portland Business Alliance - examined one ingredient of regional economic health: the readiness of large-lot industrial lands.
A consistent inventory of sites is a key requirement for meeting market demand, either by expanding local employers or attracting new employers to our region. This study shows, however, that we have a supply of industrial land that is not readily available to attract and cultivate the types of catalytic employers that will help our region's ability to grow and thrive. While there are significant time and financial hurdles to market readiness for many of these industrial sites, the potential economic benefits (jobs, income and property tax) from successful traded-sector development would be substantial.
Our region has a land use history to be proud of, and we take a measured approach to development. Most of the large-lot sites that will become available for industrial development within the foreseeable future are inside the existing Metro urban growth boundary (UGB) or urban reserves. Advancing the readiness of those sites improves our economic competitiveness, maximizes the efficient use of existing infrastructure and reduces outward pressure on the UGB.
We hope the information in this report will start a conversation among public- and private-sector leaders to help move public policy in a direction that enhances our quality of life by creating well paying jobs and laying the foundation for innovative tools that grow employers in, and attract employers to, our region.
The Final Report and Appendices for this study are available in PDF format at the links below:
- Project Overview (pdf)
- Map of Inventory Sites (pdf)
- Inventory of Industrial Sites (pdf)
- Regional Lands Inventory
(Volumes 1,2 & 3: Analysis, Findings and Site Results)
For additional information about the project, please contact Bernie Bottomly, Alliance liaison to the Project Management Team.