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.
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 Practices align land use with the yield of number of quality jobs created or small businesses assisted.
Health & SafetyPractices prioritize redevelopment that eliminates crime hot spots and restore safe environments.
Equitable DevelopmentPractices 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 AppreciationPractices invest intentionally in places where the market has failed and help restore value in properties.
Blight RemovalPractices acquire vacant, abandoned and underutilized properties and repurpose them as community assets.