The McGilchrist Urban Renewal Area (URA) provides funding to enhance McGilchrist Street SE in order to improve mobility and stimulate private development.

The McGilchrist URA was established in September 2006 and encompasses approximately 403 acres west of the Salem Municipal Airport (McNary Field).

Assessed values and key projects were determined when the urban renewal district was first established. Project plans are subject to change at the direction of the Urban Renewal Agency.

Overview

• Assessed value at creation: $103,001,366
  
• 2023 assessed value: $197,463,940
• Maximum indebtedness: $11,000,000
  
• Projects: McGilchrist Street Improvement

Plan Documents

• McGilchrist Overview
• McGilchrist Urban Renewal Plan

Projects

McGilchrist Complete Street Improvement Project
Improving the McGilchrist corridor between 12th and 25th Streets, including additional work on 22nd Street.

Incentives

Enterprise Zone Tax Incentive
To encourage the creation of new industrial and manufacturing jobs for the community.

Map

Use the following map to find out if you are in this urban renewal area. Open a mobile-friendly, fullscreen map of the McGilchrist Urban Renewal Area in a new window.