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Southwest and Basalt Creek Development Area
OVERVIEW
Established in 2021, this urban renewal area focuses on the areas of Basalt Creek and the Southwest Industrial Concept Areas and implementing identified infrastructure projects over the next 30 years.
The Southwest and Basalt Creek Development Area includes 717 acres of employment land - zoned almost exclusively commercial and industrially. Recent developments include the 124th Extension and Portland General Electric Resiliency Headquarters.
AREA Goals
Goal 1: Employment Land Development
Encourage land development that provides high density employment opportunities. Encourage land development in ways that strengthen the local tax base and support Tualatin’s employment lands as a major local and regional employment center. Manage land development impacts to the environment and other uses.
Goal 2: Transportation Infrastructure
Maintain and enhance the transportation system to reduce travel times, provide travel-time reliability, provide a functional and smooth transportation system, and promote access and safety for all users. Allow for a variety of alternative transportation choices for citizens of and visitors to Tualatin to support a high quality of life and community livability. Support local employment, local businesses, and a prosperous community while recognizing Tualatin’s role in the regional economy.
Goal 3: Utility Infrastructure
Provide public services and facilities to meet the present and future needs of the Area.
Goal 4: Developer Assistance and Incentives
Facilitate development and redevelopment on sites in the Area, stimulating growth, providing new employment opportunities and an increased tax base in the Area. Assist in the provision of infrastructure to support the development of additional housing options in the Area.
WHATS NEXT
Collection of tax-increment revenue is expected to begin in 2023. Leverage existing and future revenues will dictate area project timelines. First infrastructure projects are slated to begin in 2029.
