Construction firm Stacy and Witbeck that built most of the area's MAX and streetcar routes, bought 3.25 acres along the Portland-to-Milwaukie MAX line for development.
The move is a first for the California-based company, which had never bought land to develop along one of its lines. Company officials hope to eventually build and move into offices on the property, near Southeast Powell Boulevard and Milwaukie Avenue.
Stacy and Witbeck is benefiting from connections to Portland Mayor Charlie Hales. The company president met with Hales in January, leading the new mayor to order city employees to accelerate land-use planning tied to the MAX line.
Read more at OregonLive.com.