The plan calls for a 1,030-apartment mixed-use development comprised of four towers ranging in height from 10 to 32 stories.
The city economic development department is looking for redevelopment, lease or purchase proposals.
Developer Jordan Schnitzer's $115.7 million project would require $38.5 million in public subsidies.
Starwood Capital Group bought more than 1.2 million square feet of office and flex space in a $164.1 million deal.
The Oregon Construction Contractors Board uncovered 60 potential violations at 400 jobs sites in Portland and along the coast.