Part 1/12:
The Ongoing Doom Loop in Downtown Portland: A Deep Dive into Urban Decline
Introduction: The Crisis Unfolds
Downtown Portland continues to spiral into economic and social decline, exemplified by yet another major commercial property falling into foreclosure—commonly dubbed the "Black Box." Unlike its colorful neighbor, the "Big Pink," this building’s bleak moniker reflects its deteriorating status amid mounting unrest and economic woes. The cycle of decline appears relentless, fueled by various interconnected factors ranging from urban unrest to economic downturns.