Good Beer Fuels Great Preservation Results

30 January 2004 - 2:00pm

Properties are rescued to create public spaces that embrace art, the love of good beer, and an urban renewal effort reflecting neighborhood history.

Portland, a city reknowned for planning and great beer, is blessed to have the McMenamin brothers. In an effort to create unique public spaces, they have rescued abandoned properties (ranging from an elementary school to the legendary Crystal Ballroom). These spaces reflect neighborhood history, support local artists, and provide great places to drink great beer. Planners can learn a great deal from this "organic" effort that just sort of happened.

Source: The Chicago Tribune, January 28, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"