Our Vision

Transforming the region by making real estate work for all

The common thread that weaves through The Port’s work is real estate – making it productive and creating civic and social benefit through equitable redevelopment.

From shuttered manufacturing plants to vacant business districts to abandoned homes, broken real estate can hold communities back. The Port is pioneering new models of equitable redevelopment to bring good-paying jobs to our region, help entrepreneurs set up storefronts, increase opportunities for homeownership, and make real estate work for everyone in our region.

Our Areas of Focus

The Port's strategic platform is uniquely crafted to address some of our region's toughest challenges. Our tools and expertise, centered around three areas of focus all based on the foundation of real estate equity, are designed to move our region forward.

Industrial Revitalization

Bringing underutilized industrial properties back to their highest and best use, and creating development-ready sites for job creation

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Neighborhood Revitalization

Investing in neighborhoods to provide housing, thriving business districts and renewed commercial corridors

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Public Finance

Offering unique development finance tools for municipalities and companies, loans for entrepreneurs, and down-payment assistance for homebuyers

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Real Estate Equity

Creating opportunities for residents and communities to share in prosperity

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Principles of Redevelopment

The Port's mission is to rebuild communities with a focus on equitable development to promote job creation, improve property value, increase homeownership, and achieve the highest and best use of real estate. Real estate is a key driver of both economic outcomes and quality of life. We evaluate our success on metrics that reflect The Port's Principles of Redevelopment.

Job Creation

Job Creation 
Practices align land use with the yield of number of quality jobs created or small businesses assisted.

Health & Safety

Health & Safety
Practices prioritize redevelopment that eliminates crime hot spots and restore safe environments.

Equitable Development

Equitable Development
Practices require that the overall vision, plan and implementation include local communities’ assets and aspirations as well as residents most affected in the redevelopment project.

Property Appreciation

Property Appreciation
Practices invest intentionally in places where the market has failed and help restore value in properties.

Blight Removal

Blight Removal
Practices acquire vacant, abandoned and underutilized properties and repurpose them as community assets.