New Mixed-Use Development Comes to Downtown Hillsboro

In a recent piece on Metro News, reporter Molly Simas shares impressions and photos from a recent tour of Hillsboro's newest downtown development, a four-story mixed-use development that will bring new life to a lot that has been undeveloped for over a decade.

The project, called 4th Main is close to MAX light rail station, and is expected to have as many as 125 residents when it is fully booked. It leveraged public funds to help spur development in a suburban downtown where few examples exist, Simas writes:

By leveraging public funds to attract private investment, Metro's Transit-Oriented Development Program, a partner in 4th Main's construction, facilitates high-density residential and commercial developments near transit hubs, hoping to demonstrate their potential as highly livable, successful additions to a community and encourage future like developments.

"We are seeing more demand for urban living," said Metro Councilor Kathryn Harrington, whose district includes Hillsboro. "We have this type of development happening throughout our region because that's what people continue to request. Projects like 4th Main help us build 21st century downtowns."

Public partners have contributed a total of $2 million of investment to the project, including property purchases, grants, and urban renewal; most of the rest of the $16 million cost has been covered by private developers.

And the project looks to pay off well for Hillsboro:

Bringing new businesses and residents to downtown Hillsboro will add taxes to the city from a site that has been undeveloped for 14 years.

Unti said a waiting list has already formed from people interested in living at 4th Main.

"We're still in the building stages. We can't show people the color of carpet, the paint in the hallways, yet they're calling and saying 'I'm very interested, please put me on the list,'" Unti said. "I'm pretty pleased with the level of interest at this point."

Read the full article and see photos here.

See the project website here.

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