The City Still Wants USPS' Pearl District Property and Approved a Concept Plan for the Site

Portland Mercury:

City Council is calling a proposed multi-million dollar deal to buy the United States Postal Service's (USPS) 14-acre downtown headquarters a "once in a generation" deal, but this is actually the second attempt.

At a Thursday hearing, the city approved a tentative concept for prime real estate in the Pearl District that could include up to 2,400 apartments and commercial space providing up to 4,000 jobs.

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