The Waterfront urban renewal district is a statewide example of a successful urban renewal district that stretches north of I-84 from Nichols Basin to the Hook, with almost half of its remaining spending authority left. The redevelopment of Portway Ave. and addition of No. 2nd Street and Anchor Way are the primary projects to date. Remaining projects include roadway improvements to Riverside Drive and 8th Street and other infrastructure projects. The district reached “middle age” in 2018 (when half of its maximum indebtedness was spent). This district’s anticipated retirement is in FY2022-23, returning an additional $73,000,000 in assessed value.