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Article: Committee Proposes Cap, Developments over Downtown Portland, Ore., Freeway.(Knight Ridder/Tribune Business News)
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- Knight Ridder/Tribune Business News
- Article date:
- September 28, 2000
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CopyrightCOPYRIGHT 2000 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sep. 28--If it can find $10 million, the city of Portland could cap 2 1/2 blocks of Interstate 405 in five years and draw a developer to top the downtown freeway with high-tech offices, a housing tower, maybe even a technology museum, a committee assembled by Mayor Vera Katz has concluded.
Katz's "I-405 strategy team," stocked with city officials and heavy hitters from Portland's development and transit arenas, said in a report issued Wednesday that the engineering and economics of building above the freeway are "sound and feasible."
Capping the blocks between Alder and Taylor streets, where the light-rail tracks cross over the freeway, is the best ...