Gresham City Council Approves $380 Million Urban Renewal Plan

Gresham, OR — February 3, 2026 — The City Council has approved a $380 million urban renewal plan to revitalize downtown and Civic neighborhoods over the next 30 years.


Gresham City Council Approves $380 Million Urban Renewal Plan

Gresham, OR — February 3, 2026 — The Gresham City Council has unanimously approved a $380 million urban renewal plan aimed at revitalizing the downtown and Civic neighborhoods over the next 30 years. The plan, adopted on September 2, 2025, utilizes tax increment financing to fund capital projects in a 900-acre area encompassing these historic districts.

Key Components of the Plan

  • Parks and Recreation: Development of new parks and enhancement of existing recreational facilities.
  • Transportation Safety: Improvements to transportation infrastructure to ensure safer travel for residents and visitors.
  • Utilities: Upgrades to utility systems to support the growing community.
  • Small Business Support: Initiatives to foster and support local businesses.
  • Multifamily Housing: Construction of affordable housing units to accommodate the city’s expanding population.

Mayor Travis Stovall expressed enthusiasm about the plan, stating, “I couldn’t be more excited about the positive momentum we have right now. This plan outlines a commitment to growth and prosperity; serving as a great reminder that Gresham is primed for greatness and open for business.” The approval of this plan follows recent investments in the city, including the opening of a Trader Joe’s store, signaling a period of growth and development for Gresham.

Community Impact

The urban renewal plan is expected to bring significant changes to Gresham’s landscape, with a focus on enhancing the quality of life for residents. The development of parks and recreational facilities aims to provide more green spaces for leisure and community events. Transportation improvements are designed to reduce congestion and increase safety on local roads. Utility upgrades will ensure that the city’s infrastructure can meet the demands of a growing population. Support for small businesses is intended to stimulate the local economy and create job opportunities. The addition of affordable housing addresses the need for more living spaces as the city continues to expand.

As the plan unfolds over the next three decades, Gresham residents can anticipate a transformed urban environment that balances growth with community well-being.

Sources

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