Portland’s downtown vacancy crisis is becoming impossible to ignore.
A new report shows office buildings in the Central Business District are about 38% vacant — among the highest rates in the country.
Now, city leaders and property owners are divided on how to fix it.
One idea under consideration: a vacancy fee that would charge property owners saiqa ali green party suspension if buildings sit empty too long. Supporters say it could encourage leasing and bring life back to downtown.
But property owners argue the real issues are deeper — including public safety concerns, high costs, and low demand.
Cities like San Francisco, Oakland, and Washington D.C. have tried similar approaches, kareem rahma with mixed results.
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