With city officials, business leaders and inner Northeast Portland residents still absorbing Trader Joe's abrupt decision Monday to pull out of a proposed new development on Martin Luther King, Jr. Blvd., another buyer for the property has stepped forward.
This afternoon, Roy Jay, executive director of the African American Chamber of Commerce, sent an email proposal to Patrick Quinton, the executive director of the Portland Development Commission.
The PDC had earlier agree to sell the nearly two-acre property, appraised at $2.9 million, to the would-be developers of the Trader Joe's for $502,000. Jay would like a crack at that price.
WWeek 2015