Oregon City Renews, Expands Enterprise Zone
- 09/25/25
Oregon City, ORE. – Oregon City’s Economic Development Department has received approval from the State to expand an existing tool in its toolbox to help further enhance economic development efforts within the community, the Oregon City Enterprise Zone.
The newly configured Enterprise Zone is larger than the previous, growing by 17%. It also includes multiple blocks along the Willamette River, encompassing much of downtown Oregon City. Additionally, there is an overall increase in the number of lots that allow commercial or industrial development.
Enterprise Zones are used by communities to incentivize development in underutilized parts of that city. Eligible businesses looking to relocate into Oregon City’s Enterprise Zone can apply for full property tax exemption for up to 3 years. Eligible businesses already within the enterprise zone that will be expanding their operations and hiring new employees can also apply for the full property tax exemption.
Not just any business can qualify for the exemptions. The goal of the zone is to attract businesses that pay high wages or employ larger numbers of people. In most cases, manufacturing, processors, shipping etc. The zone can also assist with the City’s goal of increasing tourism within the community, by incentivizing hotels to locate on appropriate parcels within the district.
Now that the City has received approval from the state, the district’s new boundaries go into effect retroactively to July 1 of this year.
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Oregon City Renews, Expands Enterprise Zone
- 09/25/25
Oregon City, ORE. – Oregon City’s Economic Development Department has received approval from the State to expand an existing tool in its toolbox to help further enhance economic development efforts within the community, the Oregon City Enterprise Zone.
The newly configured Enterprise Zone is larger than the previous, growing by 17%. It also includes multiple blocks along the Willamette River, encompassing much of downtown Oregon City. Additionally, there is an overall increase in the number of lots that allow commercial or industrial development.
Enterprise Zones are used by communities to incentivize development in underutilized parts of that city. Eligible businesses looking to relocate into Oregon City’s Enterprise Zone can apply for full property tax exemption for up to 3 years. Eligible businesses already within the enterprise zone that will be expanding their operations and hiring new employees can also apply for the full property tax exemption.
Not just any business can qualify for the exemptions. The goal of the zone is to attract businesses that pay high wages or employ larger numbers of people. In most cases, manufacturing, processors, shipping etc. The zone can also assist with the City’s goal of increasing tourism within the community, by incentivizing hotels to locate on appropriate parcels within the district.
Now that the City has received approval from the state, the district’s new boundaries go into effect retroactively to July 1 of this year.
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