Beaverton Urban Renewal Portfolio Strategy
Beaverton, OR · 2023
Client: Beaverton Urban Renewal Agency (BURA)
Location: Beaverton, OR
Year: 2023
CP Role: Lead consultant
Practice Area: Real Estate + Feasibility
Team: Alex Joyce, Principal-in-Charge; Pauline Ruegg, Project Manager; Irene Kim, Engagement Lead; Paul Runge, Market Analysis Lead; Victor Tran, Lead Designer
The Challenge
The Beaverton Urban Renewal Agency owned five downtown sites and wanted each to reach its market potential while advancing equity, living-wage jobs, density, and the arts, in a hard financing market.
Our Approach
We tested each site against the market and developer interest, held a focus group of Black, Indigenous, and other people of color (BIPOC) in downtown, and set the vision with the Agency's Work Group in a two-day charrette. For each site we set a development vision, test-fit site plans, and next actions, with a phasing framework the Agency can update as the market changes.
Outcome
The Agency adopted the strategy in July 2023, and it led to a successful public-private partnership solicitation. By November 2025 the first site, Lombard West, had a development team planning 131 affordable and 100 market-rate homes.
Related Projects
