“River Terrace reaches a milestone: residency.” Read the full story from Tigard Times Assistant Editor, Mark Miller.
Sep 28, 2016 - Reply
While this is all fine and dandy, what is going to happen when the influx of out of state money, i.e., people moving I’m from California, Washington, Idaho and others, begins to sputter and then quit altogether? How will they fill these empty houses? And the fact that Oregon has historically been a low wage/minimum wage state, where are the jobs/employment opportunities that will allow local people to be able to afford this overpriced, high density housing without costing over 50% of their income(this 50% would also include any taxes, utilities, etc.)? And finally, what will happen when the next housing collapse happens, as it is not a matter of if, but rather a matter of when? News reports are already mentioning that new housing permits and starts are beginning to slow down.
Were all these scenarios taken into consideration before this high density development was approved?
Sep 29, 2016 - Reply
I completely agree. This really concerns me.
Dec 12, 2016 - Reply
My apologies, Jim, for some reason I missed your post when it came in. You ask a lot of valid and interesting questions, many of which relate to issues that go far beyond River Terrace, such as regional migration trends and housing market cycles. I have no good answers for you there. But what I can say is that River Terrace was never envisioned to fix all of the region’s housing problems. It was planned with a modest range of housing types and densities that worked with the topography, existing infrastructure, and existing development and that also met a portion of the region’s forecasted housing needs in this area over time. There are other areas in the city, such as Downtown Tigard and the Tigard Triangle, that are being planned with different kinds of housing to round out the range of housing options available in the city.
Dec 10, 2016 - Reply
How come there is know more Information being posted on here ???
It is kind of strange,no more comments and such. More importantly, what school district is this development in? It would be a heck of a deal to find out after you bought one of those overpriced units that that your kids wont be able to go to that new school right across the road on 175th. But rather they would have to be bussed to THS on Durham. And besides, there are no jobs in the area that can support $200k + homes, unless they are banking on out of state money.
Most of River Terrace is served by the Tigard Tualatin School District, but the northern portion is served by the Beaverton School District. District boundary maps (and specific schools) can be found on each school district’s website, which we’ve provided on our River Terrace FAQ page here: River Terrace FAQ. Once you’re on this page, expand the FAQ section on Services & Amenities for more detailed information.
The city has no control over where school district boundaries are drawn, so some children in this area will go to school in Beaverton and others will go to school in Tigard. While we have no control over school boundaries, we have and will continue to work with both school districts, Washington County, and the City of Beaverton to ensure that all children have a safe route to school.
Jan 8, 2017 - Reply
Chill out…its called economic development. Jim: you sound like a socialist.
Jan 9, 2017 - Reply
Its called valid questions.
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