How they'll sell off Portland city park land
The city has actually developed a policy for "asset disposition," and they'll be talking about it at a meeting next Thursday evening. Of course, we can't find the policy posted on the city's website anywhere. It's hard to see how anyone could comment meaningfully on it five seconds after they've seen it for the first time. But we wouldn't be surprised if that's supposed to be the drill. Anyway, the news was broken earlier today on Amanda Fritz's blog.
| Posted at 9:28 AM | Permalink |
|
Comments (2)
Great, we sell off future tax revenues with bonds. Now we want to sell off property so we can get funding for soccer parks and more streetcar type of projects.
I mourn the youth of Portland who will be left with the remainders.
Posted by Steve | September 12, 2008 11:42 AM
"The asset" is the new term used by developers (and now, apparently, municipalities) for a piece of property that may or may already have people living on it or enjoying it prior to conversion or demolition. Calling property "the asset" makes it more antiseptic. It's easier to manipulate and mold "the asset" than to acknowledge that doing so will probably hurt others who have already lived there for years.
The term "the asset" makes my toes curl. The other is "infill" when it is used NOT to refer to building in a vacant lot but to a luxury rental project intended for a place where a residential building already exists and where low- to mid- income residents will be expelled with nothing more than 30 days' notice.
Posted by NW Portlander | September 12, 2008 12:17 PM