City Selects Capstone Partners for Confluence Development
19 Apr 2023
Following discussions and a recommendation from the Town Center Advisory Board (TCAB), the City of Troutdale's Urban Renewal Agency has designated Capstone Partners as the primary developer for an exclusive negotiating agreement over development of The Confluence at Troutdale.
This follows the City's interviews with three firms to develop the roughly 16-acre former industrial site just north of downtown and adjacent to the Sandy River. The new development will border the upcoming Sandy River Park & Trail, a 3.5-acre waterfront park that will connect downtown with the 40-mile loop trail.
Capstone's concept for The Confluence features a park plaza along the riverfront with hotels, multiple housing options, commercial spaces and industrial spaces mixed into the site. You can explore some of their other development projects and watch their presentation to TCAB in the video below.