TriMet and its partners took part in an official groundbreaking to begin TriMet’s ramp demolition and construction work. That will be followed, in the summer of 2024, by the first phases of constructing the hollywoodHUB development, according to the agency's news release.
“This project extends beyond mere transit infrastructure. It encompasses TriMet’s commitment to making our region one of the world’s most inclusive, sustainable, and livable places,” TriMet GM Sam Desue Jr. said. “We’re revitalizing this transit center into homes and community space seamlessly linked to TriMet’s bus and MAX service and other shared mobility options.”
The hollywoodHUB will bring 224 new units of affordable housing within steps of TriMet’s buses and trains.
Overall, 151 of the homes will be at or below 60% of the Area Median Income (AMI), while 71 units will be at or below 30% AMI, including 55 homes with rental assistance vouchers ensuring residents only pay 30% of their income on rent and utilities.
Hacienda CDC will serve as the resident services provider, ensuring inclusive supportive services to building residents.
According to data from the National Low-Income Housing Coalition, the region is about 90,000 housing units short of meeting the needs of people living at or below poverty. In 2018, voters approved Metro’s $652.7 million bond program, which earmarks money for permanent affordable housing projects across Multnomah, Washington, and Clackamas counties.
Housing Solutions Through Transit-Oriented Development
Once completed in 2026, the project will serve as another example of transit-oriented development in action. Such projects maximize density while creating walkable neighborhoods near transit, relieving congestion, and increasing the supply of affordable housing and community resources.
TriMet works with local partners or third parties to create better purposes for its underutilized properties, such as the Hollywood/NE 42nd Ave Transit Center.
Other recent examples include the new East County Library, under construction on the old site of TriMet’s Gresham City Hall Park & Ride, and the Fuller Station Apartments.
Completed and opened for residents at the end of 2021, the Fuller Station development features 100 apartments for families and individuals who earn between 30% and 60% of the area's median income.