Map_-_Current_Beaverdam_Sites.pdf

This file is a map exhibit presented at a Beaverton Urban Redevelopment Agency (BURA) meeting on August 25, 2026, depicting the current locations of the Beaverdam Sites. The Beaverdam Sites comprise 5.5 acres of transit-oriented redevelopment land in downtown Beaverton, Oregon, owned by BURA, the tax increment financing agency for the City of Beaverton. BURA is soliciting strategic consulting and commercial real estate brokerage services to assist with the development solicitation process, marketing, and potential developer review and selection during winter and spring 2027. The successful firm will market the property nationally and assist in securing qualified developers for a public-private partnership, with the goal of executing an exclusive negotiation agreement, disposition and development agreement, and property sale, potentially in up to two phases. A development solicitation is expected to be released in Spring 2027. Community recommendations, documented in the BURA Board-approved Portfolio Redevelopment Strategy adopted in July 2023, include creating flexible office spaces, improving access and connectivity through new north-south roads, and attracting office tenants as part of a high-density, mixed-use project.

The property's strategic location near MAX light rail transit, bus transit, established retail, a hotel, parking facilities, and the Patricia Reser Center for the Arts positions it as a catalyst for downtown revitalization efforts. BURA seeks an experienced consulting and brokerage firm with demonstrated national reach and active experience in marketing and securing qualified developers for public-private partnerships. The file does not contain information regarding pricing terms, set-asides, contract duration, renewal options, or funding sources.