South Waterfront

Portland Oregon

  • Area 35 Acres
  • Buildout Est. $1.9 Billion

Williams & Dame Development, in partnership with OHSU, one of Oregon’s largest employers, and the PDC, Portland’s designated urban renewal agency, led the development of 35 acres of vacant and environmentally contaminated land into a vibrant waterfront neighborhood located on the western banks of the Willamette River. Utilizing both private and public investment (including tax increment financing), Williams & Dame Development led the transformation, creating multiple city blocks, the addition of public infrastructure, parks and transportation, the expansion of the Portland Streetcar service and the addition of one of only two commuter aerial trams in the United States.

This comprehensive development paved the way for expansion of OHSU from its 100-acre campus atop Marquam Hill, including the development of the 400,000 square foot Center for Health and Healing and the 500,000 square foot Collaborative Life Sciences Building. It also served as the springboard for the addition of new high-rise residential units, shops and restaurants to the area.  In February 2011, the South Waterfront District was among the first neighborhoods in the United States to achieve a Gold rating in the LEED for Neighborhoods Pilot Program established by the US Green Building Council. For more information see

  • Master Planning


  • Lead Developer

    Williams & Dame Development

  • Public Partners

    Oregon Health Sciences University and Portland Development Commission