The City of Estacada has created an Urban Renewal District to encourage economic vitality and livability while ensuring that future development preserves and enhances the eclectic character of the community.
The purpose of the Agency is to use the tools provided by urban renewal to promote private investment and facilitate the Area’s redevelopment in a manner that is consistent with the City’s long term planning and development objectives. These tools include tax increment financing, which generally means that the property taxes resulting from growth in property value within the Area can be used to finance improvement projects and programs.
What types of projects are proposed for the District?
- Central Business District streetscape improvements & pedestrian facilities
- Highway 224 gateway improvements
- Area-wide street pavement improvements
- Public parking
- Water and sewer system improvements
- Riverfront pedestrian, bicycle and public recreational facilities
- Fire station improvements
- Public restrooms
- Building revitalization grant/loan program
- New Business Development grant/loan program
Click here for the Urban Renewal Plan and Map.
Click here for the Estacada Downtown and Riverside Area Plan |
