About the Agency

In 1979 a “Blue Ribbon” Committee recommended the City Council create an Urban Renewal District that would be entitled to utilize the powers granted by Federal and State laws for urban renewal activities.

In the same year the City Council formed the Lake Oswego Redevelopment Agency (LORA) and created a district. The East End Redevelopment District generally extends from the Willamette River to Sixth Street, and from Lakewood Bay to C Avenue. It also includes the commercial areas along State Street from Terwilliger Boulevard to Ladd Street. Tax increment financing was adopted as the principle method of implementing plan projects with the frozen tax base of the tax year 1987-88 used as the starting point to determine available tax increment funding.

In 1986 LORA approved its urban renewal plan (Redevelopment Plan and Report). The original plan listed the projects to be completed and addressed all other requirements of ORS Chapter 457.

Map of the urban renewal area

Lake Oswego Redevelopment Agency Agendas, Summaries & Minutes

Blight to Beauty Slide Show

The East End Redevelopment Plan

The Plan includes a vision statement and financial strategy for the redevelopment of the East End Business District. A blue ribbon committee of Lake Oswego residents developed the vision statement as overall guidance, and the financial strategy provides a general outline for development, financing, and implementation.

In 2001, the City Council made it one of its goals to update the Plan document and appropriated funding for that purpose.

Electronic copies of the updated plan and report are available here:

• The East End Redevelopment Plan, Updated May 18, 2004
• The East End Redevelopment Report

Financial Reports

The Finance Department prepares three financial reports to cover the financial activities of the Urban Renewal Agency. These consist of

1. Budget
2. Financial Impact Report
3. Annual Audit

All are available on the Finance Urban Renewal page.