Crane Count Indicates Developers Slow to Return to Portland’s Urban Core
The Portland Business Journal reports the RLB Crane Index from Rider Levett Bucknall counted only a dozen cranes in downtown Portland in February, down from 28 at the same time in 2020 (just before the pandemic began).
New York, San Francisco, and Las Vegas also saw declines, while Seattle, Los Angeles, and Chicago reportedly saw increases.
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