Dr. Gerard Mildner Director, Center for Real EstatePortland State UniversityApril 13th, 2010

James E. Gibbons Educational Trust Fund

•Scott Langley - Ashforth Pacific

•Karen Williams - Carroll Investments

•Bruce Korter – Washington Capital Management

1. Demographic Composition of American Downtowns

2. Enrollment Planning

3. Redevelopment Options

Dave Leland Leland and Associates

Paul Cathcart Portland Public Schools

Bruce Wood Foundation Real Estate Development

Sarah Lynn Schoening Portland Public Schools – Office of School Modernization

Stacey Glenewinkel Portland State University

Urban

10

1 Rural

Urban – Rural Differential (Portland)

Employment Density

Population Density

Portland

Manhattan 1910 and 1930

1940 - 1980

2000 - 2002 2003 - 2005 2006 - 2008

River District 22 35 48

Downtown 59 71 54

Northwest 89 80 97

Children in the River District: 252

Enrolled in Portland Public Schools: 54

1. Leasing

2. Flexible Boundaries

3. Commuter School

affordable housing over a school

Downtown West Portland Elsewhere

St. Michael’s Church

35% 19% 46%

The International School

8% 19% 73%

Public – Private Partnership

Private Sector

Land Usage

$

Public Sector

School Modernization

1. School Closure

2. School Relocation

3. High Density Schools

Lincoln High School

Arts & Communications Magnet Academy Beaverton High School

4. Indoor Sports vs. Field Sports

5. Shared Athletic Facilities

Tualatin Hills Park

Housing Youth Oriented

Retail Day Care &

After School Activities

Public Library Museum Public

Auditorium

Declining School Enrollment

Growing School Enrollment

Growing Local

Economy

•School consolidation

•Sell surplus space

•Lease out surplus space

•Partnerships for modernization

•Need for new schools

•Downtown thriving

•Lease new space

•Partnerships for new construction

Declining Local Econom

y

•School consolidation and cost cutting needed

•Need for other tools and economic development

•Need for new schools

•But few development opportunities