Venerable celebrates 20 years in Portland

Since 1991, Venerable’s goal has been to bring about positive change in neighborhoods through redevelopment projects that increase investment, street activity, building standards and opportunities for new businesses and job creation. During this anniversary year, we recognize and thank our partners, clients, tenants and vendors for their cooperation and their business in helping make Venerable one of the city’s top 10 commercial developers.

Portland Public Schools, Venerable talk Washington High School sale

Venerable and Portland Public Schools will negotiate acquisition agreements to revamp Washington High School into a multi-use site that includes housing. School officials agreed to approve any development plan before moving ahead with a sale of the site, at Southeast 12th Avenue and Stark Street. Venerable won the right to negotiate with the district because its plan met fiscal requirements and expectations of the abandoned school’s neighbors. Formal negotiations are set to begin in early March.

Preservation efforts go beyond bottom line

Art DeMuro, of Venerable Properties, remembers hitting the point of no return in the redevelopment of the White Stag Block in Portland. He realized that he and the project were linked, for better or worse, until the end. Now, he’s chasing redevelopment of Washington High School and DeMuro won’t walk away. The desire to see the building brought back into the community is too strong.

Portland preservationist honored

Cathy Galbraith, executive director of Bosco-Milligan Foundation, is passionate about historic preservation. That’s why this year the University of Oregon and Venerable Group awarded the 2nd annual McMath Award for historic preservation to Galbraith. The award honors the late Portland preservationist George McMath.