Next wave of gentrification hits East Portland

| Print |  Email
Must Reads
Thursday, August 08, 2013

Gentrification is spreading to East Portland neighborhoods between 82nd Avenue and Interstate 205.

A few blocks from the city’s lone Walmart — known for its blue-collar clientele — homebuilders are knocking down small cottages on large lots and erecting multiple two-story homes in their place. That means fewer starter homes or affordable rentals in the area, and more large houses priced $100,000 to $150,000 more than what they replaced, says Cora Potter, who has observed several demolitions a block or two from her house on Southeast Holgate Boulevard and 86th Avenue.

It’s not the stereotypical gentrification of white newcomers replacing African-Americans, Potter says. It’s often Asian immigrants looking to buy new houses for multigeneration families near the Jade District, the cluster of Asian groceries, restaurants and other services along 82nd Avenue and spreading both directions on Division Street and Powell Boulevard. In a single block of 87th Avenue just south of Holgate, Potter can point out at least seven houses, or more than half the neighbors, who are Asians.

Read more at The Portland Tribune.

 

More Articles

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

The short list: 4 companies engaged in a battle of the paddles

The Latest
Thursday, December 04, 2014
pingpongthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Nothing says startup culture like a ping pong table in the office, lounge or lobby.


Read more...

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Legislative Preview: A Shifting Balance

January-Powerbook 2015
Thursday, December 11, 2014
BY APRIL STREETER

Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS