Rockwood Opportunity: The Need for Investment Now


Thursday, July 2, 2015


8:30am check-in, networking9:00am – 10:30am Program


Sunrise Center
18901 East Burnside Street
Portland, OR97233


Craig Nolte
Federal Reserve Bank of San Francisco

Join this meeting to learn about an exciting community and economic development opportunity in the Rockwood neighborhood.

Rockwood is a community in Gresham that faces considerable challenges and opportunities. As Gresham’s highest density neighborhood, Rockwood boasts a rich ethnic tapestry. It has struggled economically in recent years, and the City is committed to nurturing a more prosperous community. The City formed an urban renewal area in Rockwood in 2003, and there have been a variety of investments in recent years, taking advantage of Rockwood’s superb transit access.

Rockwood CDC has embarked on a strategy to promote community and economic development in Rockwood by securing a short-term lease of the former La Cantina Restaurant following the restaurant’s closure. Since that time, Rockwood CDC has converted the restaurant kitchen into a community kitchen for growing number of emerging small businesses, and space for several nonprofit organizations. Now called “Sunrise Center”, the facility is located in the heart of Rockwood, across from a City-owned 5+ acre vacant site immediately adjoining a MAX station and primed for redevelopment. The goal of this meeting is to discuss the opportunity to purchase the building and secure this important community asset.