Portland Development Fees to Rise, Effective July 1

Portland Development Fees to Rise, Effective July 1

The Daily Journal of Commerce reports that the Portland City Council approved an increase in development fees last week. The new fees are set to take effect July 1, 2017. Costs for a type II development review would increase 4.3% to $1,617 (currently $1,551); type III master plan review costs will rise 4.3% to $13,351 (currently $12,801); the pre-application conference fee will increase by 4.2% to $1,150 (currently $1,104); and early assistance meeting fees would rise 3.9% to $632 (currently $608). Read more.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com