Metro helps fund new Beaverton apartment building


The agency chipped in $300,000 toward Lombard Plaza, a five-story mixed-use development.

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The agency chipped in $300,000 toward Lombard Plaza, a five-story mixed-use development.

As reported by Metro News, the agency’s contribution comes from its Transit-Oriented Development Program, which provides incentives to developers to build mixed-use projects near mass transit stops.

Metro made a similar grant of $350,000 earlier this year for Rembold Properties’ Main Square Living project, a commercial space with 85 units, also in Beaverton.

Read more at Portland Business Journal




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