4th Main project wins revitalization award
Downtown Hillsboros 4th Main project received an Excellence in Downtown Revitalization Award for the "Best New Building" from Oregon Main Street today during the Oregon Main Annual Conference in McMinnville. This award is granted to the individual, business or organization that has constructed the best new building or building addition in a downtown area. Developed by Tokola Properties, 4th Main is a new mixed use, transit-supportive project. The 1.1 acre project entails several components 71 market rate apartment units; approximately 3,800 square feet of ground floor retail; and will include the renovation of the vintage, mid-century bank building to incorporate a use supportive of the city's ongoing efforts to bring more evening and weekend activity to Main Street. "The 4th Main project is a game-changer for us in our efforts to continue the revitalization of downtown Hillsboro, said Hillsboro Mayor Jerry Willey. As part of our city's 2020 Vision and Action Plan, we prioritized bringing more residents to downtown Hillsboro, and thanks to the efforts of city leaders, Metro, the Federal Transit Administration, and most importantly Dwight Unti's (of Tokola Properties) $15 million investment, we are welcoming as many as 125 new residents at 4th Main." "We are thrilled to present this award to the 4th/Main project," says Sheri Stuart, Oregon Main Street coordinator. "The project will bring residents and customers to downtown Hillsboro and contribute to a stronger downtown economy."
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