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HomeMy WebLinkAboutTCAC_Packet_20260408 City of Tigard | 13125 SW Hall Blvd., Tigard, OR 97223 | 503-639-4171 | www.tigard-or.gov | Page 1 of 2 City of Tigard Town Center Advisory Commission Agenda MEETING DATE/TIME: April 8, 2026 — 6:00 to 8:00 p.m. HYBRID MEETING INFORMATION: In-person: Tigard Town Hall, 13125 SW Hall Blvd. or MS Teams: https://www.tigard-or.gov/home/showpublisheddocument/1949/637770827974830260 1. CALL TO ORDER Chair Velasquez 6:00 2. CONSIDER MINUTES Chair Velasquez 6:02 3. CALL FOR NON-AGENDA ITEMS Chair Velasquez 6:05 4. PUBLIC COMMENT Chair Velasquez 6:10 5. STAFF LIAISON UPDATE Sean Farrelly 6:15 6. Q1 TCAC STRATEGIC PLAN REPORT CARD Sean Farrelly 6:20 7. TIF DISTRICT DEMOGRAPHIC REPORTS Sean Farrelly 6:35 8. PARKS FUNDING Sean Farrelly 6:45 9. TCDA BUDGET Sean Farrelly 6:55 10. CINEMAS SITE RFQ Sean Farrelly 7:05 11. PROJECT UPDATES Sean Farrelly 7:15 12. LIAISON REPORTS All 7:20 13. NON-AGENDA ITEMS All 7:25 14. DISCUSSION OF FUTURE TCAC AGENDAS/PROCESSES All 7:30 15. ADJOURN BUSINESS MEETING Chair Velasquez 8:00 *EXECUTIVE SESSION: The Town Center Advisory Commission may go into Executive Session to discuss real property transaction negotiations under ORS 192.660(2) (e). All discussions are confidential and those present may disclose nothing from the Session. Representatives of the news media are allowed to attend Executive Sessions, as provided by ORS 192.660(4), but must not disclose any information discussed. No Executive Session may be held for the purpose of taking any final action or making any final decision. Executive Sessions are closed to the public. Upcoming meetings of note: Wed., May 13, 6:00 p.m., Regular TCAC Meeting Related websites and information: Tigard TIF Districts Tigard Construction Updates The City of Tigard tries to make all reasonable modifications to ensure that people with disabilities have an equal opportunity to participate equally in all city meetings. Upon request, the city will do its best to arrange for the following services/equipment: • Assistive listening devices. • Qualified sign language interpreters. • Qualified bilingual interpreters. Page 1 of 2 CITY OF TIGARD TOWN CENTER ADVISORY COMMISSION Meeting Minutes March 11, 2026 Members Present: Ben Coli, Sarah Ericksen, JoJo Keating, Patty Lofgren, Michele Powers, Chris Sjolin, Bob Tomasovic (Vice Chair). Members Absent: John Goodhouse, Sarah Serata, and Gabe Velasquez (Chair). Staff Present: Redevelopment Project Manager Sean Farrelly, Project Manager Windol Cador, Sr. Planner Susan Shanks and Sr. Administrative Specialist Joe Patton. Others Present: TCAC Council Liaison Councilor Jeanette Shaw 1. CALL TO ORDER Vice Chair Tomasovic called the meeting to order at 6:00 pm. The meeting was held in Town Hall with a hybrid MS Teams option. 2. CONSIDER MINUTES The February 11, 2026, TCAC Minutes were unanimously approved. 3. CALL FOR NON-AGENDA ITEMS – N/A 4. PUBLIC COMMENT – N/A 5. STAFF LIAISON UPDATE Sean noted Council is standardizing bylaws for all boards, committees, and commissions with the same format and an attachment that will define the purpose and specifics that aren’t captured in the standard bylaws. 6. DOWNTOWN REIMAGINED BRIEFING Senior Planner Susan Shanks explained that this project is a long-range planning initiative that began several years ago. Susan noted that the Comprehensive Plan chapter for Downtown was updated in 2024, and the current phase involves revising the land use, development, and transportation regulatory framework to implement the updated vision for Downtown. The final products will include a new zoning map, transportation network map, and set of development standards. Referring to the items outlined in the agenda, Susan stated that the area is currently zoned Mixed-Use Central Business District. The draft proposal would zone the area Mixed-Use Commercial and Mixed-Use Residential to better reflect current development patterns and aspirations for more housing (and more people) in Downtown. The draft proposal also includes the parcels on the opposite side of Hall Blvd, which are zoned Mixed-Use Employment, in the Downtown boundary, as this area includes the potential future location of the Southwest Corridor transit station and alignment, should that project advance. For the transportation network, the draft proposal includes introducing some one-way streets, removing several planned streets, and adding more pedestrian and bicycle facilities. These changes are intended to provide much-needed connectivity for pedestrians and cyclists while reducing the costs of redevelopment. Susan emphasized that any new development standards that are adopted as a result of this project would only apply when properties redeveloped. 7. DEBRIEF FEB. 17 JOINT TCAC/TCDA BOARD MEETING Commissioners observed that the Strategic Plan appeared to fall short of TCDA Board expectations. They noted from the feedback that the TCDA Board seemed to be seeking a different overall direction. Sean shared that he reviewed the meeting video and took notes. His impression is that the Council, acting in its dual role as the TOWN CENTER ADVISORY COMMISSION March 11, 2026 Page 2 of 2 TCDA, is moving toward a broader reassessment of bylaws, goals, and expectations for all volunteer groups. Once the economic development strategy is adopted later this month, Sean will identify elements that fall within TCAC’s scope. In May, Economic Development Manager Danelle Hauther has been invited to provide a briefing and changes to the Transient Lodging Tax and the potential role in Downtown/Triangle revitalization can be discussed. The TCAC Strategic Plan can be revisited with the Board later in the year. Sean also noted that Tigard has been awarded a Metro grant, part of which will fund a feasibility study for establishing a TIF District in the River Terrace 2.0 area, an initiative that the TCAC will be involved in. The two existing TIF Districts will also be evaluated to identify opportunities for improved performance. He concluded by outlining potential discussion topics for the remainder of the year. 8. REVIEW DRAFT TCDA BUDGET PROPOSAL Sean briefly revisited the budget as the Finance department provided actual figures and noted that it is close to being finalized. Sean will keep Commissioners advised of any changes. 9. CINEMAS SITE UPDATE Sean shared the TCDA Board presentation from the previous night that included the Goals for the Site, Activities (current), Community Engagement, Developer Engagement, Scenarios, Recommendation: Redevelopment First, and the Potential Timeline. The Board agreed with staff recommendation to proceed with an RFQ to find a developer partner to develop a portion of the Cinemas site. He will share examples of the Request for Qualification that will be sent to developers to solicit interest and their proposed development at the next meeting. 10. PROJECT UPDATES Sean briefly reviewed the updates included with the agenda. 11. FIELD TRIP PLANNING Chris suggested a trip to Family Promise to tour the renovated kitchen facilities. Sean mentioned the Alongside senior housing project next to the Senior Center as another potential field trip. 12. LIAISON REPORTS A. Patty noted that for the year to date there have been fifteen households, seventeen people, that have used the SAFE parking program. Five households have transitioned into stable housing. The next CHART meeting is next week. CPAH is holding their annual housing forum tomorrow at 6:30 p.m. at the Beaverton Library. The Housing Commission will meet on Friday, Match 13 starting at 9 a.m. at the Hillsboro Library. 13. NON-AGENDA ITEMS – N/A 14. ADJOURN BUSINESS MEETING The meeting adjourned at 8:00 pm. Joe Patton, TCAC Meeting Secretary Bob Tomasovic, Vice Chair TCAC 2026 1st Quarter Goal Update Area of Emphasis Equitable Business Development Strategies: Advocate for stakeholders in both TIF districts using data collection, analysis and summary in the focus areas of: parking, safety, under-represented business opportunities, program and service awareness and possible locations for business development, retention, and growth. Action Plans: (1) Advocacy and Support for Business Owners in TIF Districts (2) Monitoring Parking Management Activities in Downtown and Triangle (3) Planning for Under-represented Business Opportunities • Staff coordinating with TDA, property owners, and brokers on filling vacancies and marketing improvement grant program • Parking data collection concluded on Sept. 30. Presentation to Council on Oct. 14 • 4 previous grant awards in progress • Numerous contacts with potential applicants, but no applications yet KPI’s Previous This Quarter 1. Number of potential businesses contacted by TCAC members 2. Number and amount of improvement grants awarded $50K grant awarded (project uncertain) 3. Number of empty storefront windows used to promote the grant program 0 4. Number of reprinted signs placed in former recipient’s windows 0 Area of Emphasis Connectivity, Parks, and Access Strategies: Advocate for funding in both TIF districts through intentional, strategic support in the form of letters of support, position statements and advisory recommendations to decision-makers. Active support for acquisition of Hall Blvd. by City of Tigard. Work with the Tigard Transportation Advisory Committee on walkability issues and potential solutions. Document and report on pertinent studies, such as the Red Rock Creek Trail Study, and legislative actions that may impact safety, pedestrian projects, walkability, access to parks, and wayfinding Action Plans: • TCAC letter of support for Federal BUILD grant for 72nd Ave • Potential Downtown field trip with TTAC in summer • 10% Design and Engineering of SW 72nd Ave completed TCAC 2026 1st Quarter Goal Update (1) Continue advocacy and support for adequate connectivity, access, mobility and safety related funding: Hall Blvd and 72nd Ave Improvement projects (2) Active support for ownership of Hall Blvd. by the City of Tigard (3) Advocate and work with the Tigard Transportation Advisory Committee and other city committees on addressing walkability issues within and between two TIF districts (4) Receive regular updates on the implementation of the Downtown wayfinding plan. (5) Participate in Cinemas redevelopment planning to increase access to parks in the Triangle KPI’s Previous This Quarter 1. Number of collaborative activities with TTAC 0 2. Number of letters of support, testimonies supporting Hall Blvd. transfer/funding and 72nd Ave. funding 1 3. Number of community outreach meetings attended by TCAC members to distribute surveys and raise awareness of Red Rock Creek Trail and future Triangle park 0 Area of Emphasis Housing and Shelter Strategies: Attend, update, monitor, report and present with new and pertinent information from housing and houseless stakeholder groups. Coordinate and share information acting as liaisons to TCAC with local organizations to ensure information flow and coordination to improve efficiency. Develop suggested strategies and policies to address housing issues within the purview/scope of TCAC to City officials and decision makers. Support funding needs and development assistance available for housing and shelter. Action Plans: 1) Identify liaisons to attend regular housing and houseless stakeholder • CPAH Woodland Hearth under construction (received Development Assistance) • 183- unit market rate apartment building now leasing up (The Montage) TCAC 2026 1st Quarter Goal Update meetings. 2) Monitor data obtained by City pursuant to desired outcome: “Grow Collaborative Partnerships” 3) Consider providing development assistance for affordable housing KPI’s Previous This Quarter 1. Number of housing related meetings/events attended by TCAC members 2. Number of letters of support/testimonies supporting housing and shelter in TIF Districts 3. Number of facilities toured 0 4. Number of market rate housing units built in the TIF Districts per year (target 600) 174 5. Number of affordable housing units built in the TIF Districts per year (target 100) 0 6. Number of affordable senior housing units built in the TIF Districts per year (target 150) 0 7. Number of temporary beds built TIF Districts per year (target 150) 0 8. Amount of investment leveraged by TIF grant programs 9. Annual percent increase in the Assessed Value of each TIF District FY26 City Center: 4.2% Triangle: -0.2% 10. Number of neighborhood amenities added in TIF Districts 0 11. Number of neighborhood demographic reports run for TIF Districts 0 3 Site Details Map City Center TIF District Area: 0.36 square miles SWTiedemanAve SW P a r k S t 99W S W N ort h D a k o t a S t S W 9 0 t h A v e SWTiedemanAve S W 7 8t h Ave SWJohnsonSt S W 98th Ave S W P f a f f le S t SW B e v e la n d R d PacificHwyW SWPacificHwy BeavertonTigardFwyN T i g a r d T r i a n g l e G r e e n b u r g R o a d SW Ha m p t on S t SWAshAve SWHunziker Rd SWWalnutSt SW Omara S t SWWallSt S W H a ll B l v d SWPacificHwy BeavertonTigardFwyN B r own Natur al Area Fanno Cr eek P ark D o w n to w n T i g a r d T i g a r d 0 0.1 0.2 mi This site is located in: City: County: State: ZIP Code: Census Tract: Census Block Group: CBSA: Tigard Washington County Oregon 97223 41067030700 410670307002 Portland-Vancouver-Hillsboro, OR-WA Metropolitan Statistical Area © 2026 Esri Graphic Profile City Center TIF District Area: 0.36 square miles Population by Race White Black Am. Ind.Asian Pac. Isl.Other Two+0% 20 40 60 80% 1.5%2.3%2.4%5.9%12.4%16.9% 58.5% Percent Hispanic Origin: 26.9% Population by Age 6.9% 19.0%15.0% 5.0% 17.0%14.0% 12.0%10.0%<5 5-19 20-24 25-34 35-44 45-54 55-64 65+ Households Census 2010 Census 2020 2024 20290 200 400 600 800 547 583 595 631 Home Value 12.8% 4.3% 4.0% 3.0% 2.0% 74.0%<$100K $100-199K $200-299K $300-399K $400-499K $500K+ 2024-2029 Annual Growth Rate Population Households Median Household Income Owner Occupied Housing Units 1.12%1.18%1.45% 2.88% Household Income 2025 2030 © 2026 Esri Source:Esri forecasts for 2024 and 2029.U.S.Census Bureau 2010 decennial Census data converted by Esri into 2020 geography.U.S.Census Bureau 2020 decennial Census data. Site Details Map Tigard Triangle TIF District Area: 0.86 square miles SWTigardS t Beave r t o n Ti g a r d F w y N SWP ar k S t SWCanter bu r y L n 217 5 S W 7 2 nd A ve SW Le s s er Rd S W 7 4 t h Av e S W S pr uc e S t S W La n da u StS W 9 0t h A ve S W 6 6t h A v e S W E l mwood St S W P i n e S t SWTiedemanAve S W 7 8 th Av e S W 6 5t h A v e S W 6 3 rd A ve SWJohnsonSt SW Bev e lan d R d S W H a l l Blvd PacificHwyW PacificHwy W SWPacificHwy BeavertonTigardFwyN Washington S quare Cellair is Ti g a r d T r i a n g l e G r e e n b u r g R o a d N o r t h T i g a r d 5 SW Ham p t on S t S W B oni t a Rd S W M c D o n a ld S t SW 10 3r d Ave SW 100t h Ave S W 92nd A ve S W 9 7 t h A v e SW Omara St SWWallSt B a ng y Rd S W H a ll B lv d S W 7 2 nd A ve SWPacificHwy BeavertonTigardFwyN Brown Natural A r ea D o w n t o w n Ti g a r d T i g a r d SWLesserRd Becket St HidalgoSt AquinasSt S W 5 5 t h Ave JeffersonPkwy S W 4 9 t h A v e SWBarburBlvd SWBarbur Blvd F a r S o u t h w e s t W e s t P o r tl a n d P a r k O a k C r e e k West l akeDr L a ng f or d Ln BunickDr Parkview Dr Southwood Dr KruseOaks Blvd M e lr os e S t BotticelliSt K r u s e Way H o l l y Or c h a r d 0 0.2 0.4 mi This site is located in: City: County: State: ZIP Code: Census Tract: Census Block Group: CBSA: Tigard Washington County Oregon 97223 41067030700 410670307001 Portland-Vancouver-Hillsboro, OR-WA Metropolitan Statistical Area © 2026 Esri Graphic Profile Tigard Triangle TIF District Area: 0.86 square miles Population by Race White Black Am. Ind.Asian Pac. Isl.Other Two+0% 20 40 60 80% 1.8%2.8%3.8%8.9%12.2%12.8% 57.8% Percent Hispanic Origin: 22.3% Population by Age 7.2%19.0%14.0% 4.4% 18.0% 16.0% 11.0%11.0%<5 5-19 20-24 25-34 35-44 45-54 55-64 65+ Households Census 2010 Census 2020 2024 20290 200 400 600 800 1,000 446 510 713 741 Home Value 11.8% 8.1% 4.0% 1.0% 0.0% 76.0%<$100K $100-199K $200-299K $300-399K $400-499K $500K+ 2024-2029 Annual Growth Rate Population Households Median Household Income Owner Occupied Housing Units 0.71%0.77% 1.56% 3.07% Household Income 2025 2030 © 2026 Esri Source:Esri forecasts for 2024 and 2029.U.S.Census Bureau 2010 decennial Census data converted by Esri into 2020 geography.U.S.Census Bureau 2020 decennial Census data. W B a s e line R d SW River Rd SWFarmingtonRd SW TV Hwy SWFarmington Rd S c h o l l s H e a ly H ei g h ts W es t B e av er ton V os e R a l e i g h H i l l s C e d a r H i l l s W e s t H a v e n -S y l v a n G a r d e n H o m e -W h i t f o r d A l o h a B e a v e r t o n 205 SWStaffordRd Tua l ati n River National Wildl i fe Refuge Far S ou th we s t M a r s h a l l P a r k A r no l d Cr ee k Cr es tw oo d S o uth v i ew R os ew oo d Up l a n d s B y r o m Ri v e r p ar k N e i gh bo r s S o u th w es t L ak e Fo r e s t G r e en bu r g R oa d S o u t h B e a v e r to n De r r y De l l P al i s a d e s B u l l M o u n t a i n T u a l a t i n T i g a r d H o s fo r d - A b er ne th y B r oo k l y nHomestead H ill s d al e S o ut h B u r lin g a m e S el l w o o d M o r e l a nd Fos te r -P ow el l B r e nt wo od - Da r li ng to n P o r t l a n d SWBorlandRd C oll i ns V i e w S k y l a n d H i dd e n S p r i n gs O r e g o n C i t y L a k e O s w e g o M i l w a u k i e O a t f i e l d G l a d s t o n e © 2026 EsriMarch 13, 2026 Tigard Center City/Triangle Market Area Summary Census 2020 2025 2030 Total Population 12,015 12,775 13,151 Total Households 4,981 5,369 5,566 Family Households 2,890 2,984 3,064 Average Household Size 2.39 2.36 2.35 Owner Occupied Housing Units 2,103 2,241 2,366 Renter Occupied Housing Units 2,878 3,128 3,199 Median Age 36.4 37.9 39.7 Trends 2025 - 2030 Area State National Population 0.6% 0.4% 0.4% Households 0.7%0.5%0.6% Family Population 0.5% 0.4% 0.5% Owner Occupied Housing Units 1.1%0.7%0.0% Median Household Income 2.2% 2.9% 2.5% © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data Population by Age Census 2020 2025 2030 Number Percent Number Percent Number Percent 0-4 686 5.7% 685 5.4% 665 5.1% 5-9 680 5.7%726 5.7%682 5.2% 10-14 705 5.9% 692 5.4% 736 5.6% 15-19 656 5.5%720 5.6%702 5.3% 20-24 766 6.4% 806 6.3% 892 6.8% 25-29 1,132 9.4%913 7.2%920 7.0% 30-34 1,106 9.2% 1,191 9.3% 876 6.7% 35-39 995 8.3%1,115 8.7%1,161 8.8% 40-44 879 7.3% 1,020 8.0% 1,110 8.4% 45-49 783 6.5%884 6.9%1,010 7.7% 50-54 721 6.0% 799 6.3% 866 6.6% 55-59 713 5.9%697 5.5%752 5.7% 60-64 683 5.7% 680 5.3% 660 5.0% 65-69 584 4.9%606 4.7%606 4.6% 70-74 415 3.5% 532 4.2% 550 4.2% 75-79 221 1.8%366 2.9%466 3.5% 80-84 135 1.1% 182 1.4% 297 2.3% Age 85+156 1.3%161 1.3%199 1.5% Demographic and Income Profile Tigard Town Center Market Area Ring: 1 mile radius Demographic and Income Profile Race and Ethnicity Census 2020 2025 2030 Number Percent Number Percent Number Percent White Alone 7,787 64.8% 7,873 61.6% 7,792 59.3% Black Alone 285 2.4%347 2.7%365 2.8% American Indian 196 1.6% 207 1.6% 214 1.6% Asian Alone 674 5.6%799 6.3%884 6.7% Pacific Islander 190 1.6% 230 1.8% 257 1.9% Some Other Race 1,505 12.5%1,747 13.7%1,927 14.7% Two or More Races 1,377 11.5% 1,571 12.3% 1,712 13.0% Hispanic (Any Race)2,601 21.6%2,988 23.4%3,279 24.9% © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data Households by Income 2025 2030 Number Percent Number Percent <$10,000 283 5.3% 281 5.0% $10,000-14,999 183 3.4%170 3.0% $15,000-19,999 182 3.4% 155 2.8% $20,000-24,999 253 4.7%235 4.2% $25,000-29,999 150 2.8% 121 2.2% $30,000-34,999 126 2.4%113 2.0% $35,000-39,999 122 2.3% 107 1.9% $40,000-44,999 136 2.5%125 2.3% $45,000-49,999 148 2.8% 146 2.6% $50,000-59,999 448 8.3%436 7.8% $60,000-74,999 451 8.4% 421 7.6% $75000-99999 688 12.8%704 12.7% $100,000-124,999 764 14.2% 841 15.1% $125,000-149,999 532 9.9%617 11.1% $150000-199999 469 8.7% 520 9.3% $200,000-249,999 171 3.2%217 3.9% $250,000-299,999 73 1.4% 98 1.8% $300,000-399,999 80 1.5%117 2.1% $400,000-499,999 37 0.7% 30 0.5% $500,000+73 1.4%110 2.0% Median Household Income $80,991 -$90,235 - Average Household Income $101,243 - $112,434 - Per Capita Income $42,533 -$47,538 - | Tigard TC Market Area | Ring: 1 mile radius Demographic and Income Profile Key Indicators for 2025 12,775 Total Population 5,369 Total Households 2.36 Average Household Size 37.9 Median Age 25,077 Daytime Population Trends: 2025 - 2030 Annual Rate Population Households Families Owner HHs Median HH Income Area State USA Population by Age 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85 2025 2030 © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data | Tigard TC Market Area | Ring: 1 mile radius Demographic and Income Profile Key Indicators for 2025 $80,991 Median Household Income $86,424 Median Net Worth 69 Esri Wealth Index 51 Esri Housing Affordability Index 73 Esri Diversity Index Households by Income for 2025 0% 2% 4% 6% 8% 10% 12% 14% 16% 0.7%1.4% 1.4%1.5% 2.3%2.4%2.5%2.8%2.8%3.2%3.4%3.4% 4.7%5.3% 8.3%8.4%8.7% 9.9% 12.8% 14.2% Population by Race 0% 10% 20% 30% 40% 50% 60% 2025 2030 © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data | Tigard TC Market Area | Ring: 1 mile radius Summary Census 2020 2025 2030 Total Population 122,945 123,683 125,254 Total Households 51,218 51,946 52,773 Family Households 31,707 31,168 31,454 Average Household Size 2.38 2.36 2.35 Owner Occupied Housing Units 31,335 32,201 32,857 Renter Occupied Housing Units 19,883 19,745 19,916 Median Age 41.1 42.2 43.7 Trends 2025 - 2030 Area State National Population 0.3% 0.4% 0.4% Households 0.3%0.5%0.6% Family Population 0.2% 0.4% 0.5% Owner Occupied Housing Units 0.4%0.7%0.0% Median Household Income 2.4% 2.9% 2.5% © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data Population by Age Census 2020 2025 2030 Number Percent Number Percent Number Percent 0-4 6,107 5.0% 5,799 4.7% 5,661 4.5% 5-9 6,810 5.5%6,531 5.3%6,019 4.8% 10-14 7,206 5.9% 6,997 5.7% 6,834 5.5% 15-19 6,720 5.5%6,843 5.5%6,730 5.4% 20-24 6,449 5.3% 6,593 5.3% 6,983 5.6% 25-29 8,358 6.8%7,071 5.7%7,415 5.9% 30-34 8,842 7.2% 8,841 7.2% 7,182 5.7% 35-39 9,136 7.4%8,979 7.3%9,036 7.2% 40-44 8,491 6.9% 9,348 7.6% 9,202 7.3% 45-49 8,207 6.7%8,405 6.8%9,358 7.5% 50-54 7,638 6.2% 8,161 6.6% 8,278 6.6% 55-59 7,804 6.3%7,235 5.8%7,811 6.2% 60-64 7,973 6.5% 7,266 5.9% 6,975 5.6% 65-69 7,589 6.2%7,053 5.7%6,716 5.4% 70-74 6,233 5.1% 6,777 5.5% 6,530 5.2% 75-79 3,991 3.3%5,466 4.4%6,126 4.9% 80-84 2,527 2.1% 3,308 2.7% 4,631 3.7% Age 85+2,864 2.3%3,011 2.4%3,767 3.0% Demographic and Income Profile Tigard Town Center Market Area Ring: 3 mile radius Demographic and Income Profile Race and Ethnicity Census 2020 2025 2030 Number Percent Number Percent Number Percent White Alone 90,739 73.8% 88,216 71.3% 86,720 69.2% Black Alone 2,563 2.1%2,910 2.4%3,029 2.4% American Indian 957 0.8% 970 0.8% 995 0.8% Asian Alone 8,806 7.2%9,814 7.9%10,830 8.7% Pacific Islander 865 0.7% 966 0.8% 1,060 0.8% Some Other Race 6,152 5.0%6,819 5.5%7,476 6.0% Two or More Races 12,863 10.5% 13,987 11.3% 15,145 12.1% Hispanic (Any Race)13,780 11.2%15,143 12.2%16,546 13.2% © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data Households by Income 2025 2030 Number Percent Number Percent <$10,000 1,769 3.4% 1,672 3.2% $10,000-14,999 977 1.9%852 1.6% $15,000-19,999 1,004 1.9% 786 1.5% $20,000-24,999 1,269 2.4%1,061 2.0% $25,000-29,999 797 1.5% 584 1.1% $30,000-34,999 1,235 2.4%1,032 2.0% $35,000-39,999 1,024 2.0% 845 1.6% $40,000-44,999 1,098 2.1%923 1.8% $45,000-49,999 1,032 2.0% 834 1.6% $50,000-59,999 2,652 5.1%2,390 4.5% $60,000-74,999 3,773 7.3% 3,362 6.4% $75000-99999 6,547 12.6%6,150 11.7% $100,000-124,999 6,387 12.3% 6,299 11.9% $125,000-149,999 4,779 9.2%4,948 9.4% $150000-199999 6,009 11.6% 6,520 12.3% $200,000-249,999 4,143 8.0%5,432 10.3% $250,000-299,999 1,997 3.8% 2,554 4.8% $300,000-399,999 2,065 4.0%2,883 5.5% $400,000-499,999 1,042 2.0% 763 1.4% $500,000+2,346 4.5%2,885 5.5% Median Household Income $109,512 -$123,040 - Average Household Income $148,914 - $166,159 - Per Capita Income $62,639 -$70,126 - | Tigard TC Market Area | Ring: 3 mile radius Demographic and Income Profile Key Indicators for 2025 123,683 Total Population 51,946 Total Households 2.36 Average Household Size 42.2 Median Age 156,651 Daytime Population Trends: 2025 - 2030 Annual Rate Population Households Families Owner HHs Median HH Income Area State USA Population by Age 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85 2025 2030 © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data | Tigard TC Market Area | Ring: 3 mile radius Demographic and Income Profile Key Indicators for 2025 $109,512 Median Household Income $373,795 Median Net Worth 139 Esri Wealth Index 63 Esri Housing Affordability Index 58 Esri Diversity Index Households by Income for 2025 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 1.5%1.9%1.9%2.0% 2.0% 2.0%2.1%2.4%2.4% 3.4%3.8%4.0%4.5%5.1% 7.3% 8.0% 9.2% 11.6% 12.3%12.6% Population by Race 0% 10% 20% 30% 40% 50% 60% 70% 2025 2030 © 2026 EsriSource: Esri forecasts for 2025 and 2030. U.S. Census Bureau 2020 decennial Census data | Tigard TC Market Area | Ring: 3 mile radius Agenda Item 11 4/2/26 TIF District Project Updates Tigard’s TIF District Update Project • Opportunity Zone 2.0 nominations to open soon (Triangle and part of Downtown may be eligible) • Metro awarded a 2040 Planning Grant to Tigard to evaluate our current TIF Districts and a potential new one for River Terrace 2.0. Timeline is being developed. City Center TIF District 1. City Center Building Improvement Grants • Recent property owner inquiries 2. Main Street/ Fanno Creek Trail Improvements (Nick Wilson Memorial Plaza) • Project for FY27 will include trail decking, bridge railing, bench, and replanting of Fanno Creek banks 3. Fanno Creek Trail Lighting • Due to cost, trail lighting project will be moved out to future year 4. Downtown Reimagined • TCAC briefed on March 11 5. Downtown/Triangle Parking • 28 Spaces in park and ride lot being leased from TriMet and offered for employee parking • 2-Hour parking signs being changed to M-Sat 8AM-7PM in Downtown and Triangle 6. Hall Blvd • No updates 7. Downtown Wayfinding Plan • Final engineering documentation will start (necessary for signs in ODOT ROW). Implementation will occur in FY26-27. 8. Downtown Art • No updates 9. City Facilities Consolidation (only parking structure is TIF funded) • Future of PW building site TBD Agenda Item 11 Tigard Triangle TIF District 1. 72nd Ave Redevelopment Site (former Cinemas) • Red Rock Creek Stabilization project on schedule for completion next summer • RFQ for developer to go out in May 2. Red Rock Creek Trail Planning • Investigating grants for construction 3. Opportunity Fund (matching grants) • No new applications 4. SW 72nd Avenue • Investigating other grant opportunities 5. Mixed Use Path over Highway 217 • Refinement study for Red Rock Creek Trail crossing of Hwy 217 will start in FY26-27 6. CPAH Woodland Hearth • Construction underway • Nearing completion of sewer and stormwater utilities for which they received state funding 7. Other Triangle Development • The Montage with 183-market-rate apartments next to Hwy 217 is leasing-up • Dartmouth Crossing Phase 2 construction starting up TOWN CENTER ADVISORY COMMISSION AGENDA City of Tigard | 13125 SW Hall Blvd., Tigard, OR 97223 | 503-639-4171 | www.tigard-or.gov | Page 2 of 2 Because the city may need to hire outside service providers or arrange for specialized equipment, those requesting services/equipment should do so as far in advance as possible, but no later than 3 city work days prior to the meeting. To make a request, call 503-718-2481 (voice) or 503-684-2772 (TDD- Telecommunications Devices for the Deaf).