Redmond’s Downtown Revival

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(Photo courtesy of Compass Commercial Real Estate Services)

Downtown Redmond, Oregon, has undergone a remarkable transformation in recent years, evolving into a lively hub for business, dining, entertainment, and community life. This resurgence is the result of thoughtful urban planning, strong collaboration between the public and private sectors, and a commitment to blending economic growth with the preservation of the city’s historical character and charm.

A cornerstone of this revitalization has been giving new life to old buildings. One standout project is the SCP Redmond Hotel, which underwent a $7 million, two-year renovation. The hotel preserved its historical charm while incorporating modern amenities, and the project was made possible through a partnership that included $3.53 million in funding from the city’s Urban Renewal Agency. The reopening of the hotel marked a turning point for downtown, encouraging further investment and development in the area, which has helped reshape the identity of downtown Redmond.

Another exciting buildout is the construction and opening of the new Redmond Library. Located in the heart of the city at 827 SW Deschutes Avenue, the two-story, 40,000-square-foot building is more than just a library — it is a modern, sustainably designed community space that reflects Redmond’s commitment to lifelong learning and community engagement. As a new landmark in the heart of downtown, the library is expected to serve as a cultural and educational anchor for decades to come.

To meet the needs of a growing population and workforce, Redmond has introduced and prioritized the construction of mixed-use housing. The NOVA Apartments project is a prime example, as it replaced an aging downtown motel with 24 quality housing units targeted towards local workers. Supported through the city’s Urban Renewal initiative, the project provides much-needed affordable housing while also boosting the liveliness and walkability of the downtown area.

In addition to these major projects, the city has launched several programs to help small businesses enhance the visual appeal of their downtown spaces. These include:

Small Projects Grant Program

This program provides up to $5,000 for exterior improvements that enhance a building’s curb appeal. Eligible improvements include new signage, paint, awnings, lighting, and landscaping. The program is designed to encourage small-scale but impactful upgrades that contribute to a cohesive and attractive downtown environment.

Façade Rehabilitation and Reimbursement Grant

This grant offers financial assistance for significant updates to building exteriors, including the restoration of historic architectural features, replacement of windows and doors, masonry repair, and other structural enhancements. The goal is to preserve Redmond’s historic downtown character while making spaces more functional and inviting for businesses and visitors.

Design Assistance Program

Through this initiative, property and business owners can access expert design consultation at no cost. Professional architects and designers help plan exterior renovations that align with the city’s design standards and long-term vision for downtown. This ensures that individual improvements contribute to a harmonious and aesthetically pleasing streetscape.

Collectively, these initiatives show Redmond’s dedication to supporting local businesses and continuing the revitalization of its downtown. By empowering property owners to invest in their storefronts, the city is creating a vibrant and welcoming space for residents, business owners, and tourists alike.

Want more insight into Central Oregon’s commercial real estate market? This story and additional market data — including vacancy rates, lease activity, and construction trends — are available in the latest edition of Compass Points.

compasscommercial.com

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