Mill Creek Urban Renewal Area

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The 650 acre Mill Creek Industrial Park Urban Renewal Area (URA) was formed to support development of the Mill Creek Corporate Center in Southeast Salem. The URA provides funding for major infrastructure (roads, utilities, traffic signals) needed to attract large industrial uses and family wage jobs to the site.

Assessed values and key projects were determined when the urban renewal district was first established. Project plans are subject to change at the direction of the Urban Renewal Agency.

Overview

Assessed value at creation: $1,012,524
Current assessed value: $50,537,427
Return on investment: $38,697,207
Total bonding capacity: $26,000,000
Projects: Public water, sewer, roads, wetland mitigation, and other utilities.

Plan documents

Mill Creek URA Overview980 KB
Mill Creek Urban Renewal Plan2842 KB

​Incentives

​Additional information

Contact us

Tory BanfordProject ManagerUrban Development Department
Mailing address:
350 Commercial ST NE
Salem OR 97301
TTY/TDD: 
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