A railroad yard grows up.
1994. Forrest Gump compared life to chocolates. The Cowboys kicked Buffalo in the Super Bowl. And abandoned warehouses and empty offices dominated an old Burlington Northern railyard in Northwest Portland. But a group that would become HOYT saw promise in the dilapidated district.
It didn't happen overnight. Initial development of the 34-acre site was slowed by long-standing traffic structures. In 1997, a Development Agreement between HOYT and the City of Portland was finalized. Its primary objective was to bring high density housing to this portion of the city, where little to no housing existed. Milestones in the development included demolition of the Lovejoy Ramp, construction of the Portland Streetcar, and what will be three highly designed parks throughout the neighborhood. HOYT, with the City of Portland, has converted what was once a railyard site into a world-class, mixed-use, urban community.
With the completion of 11 multi-level residential communities and an ever-growing number of galleries, restaurants, parks and shops, HOYT's vision of a dynamic urban neighborhood has been realized, and continues to evolve.