Portland Mayor Vera Katz has called redevelopment of the gritty industrial land bordering the south waterfront of the Willamette River 'the greatest opportunity of the decade.'

Developer Homer Williams and his River Campus Investment development partners intend to build 1.5 million square feet of office space, condominiums, apartments, restaurants and retail stores on more than 30 acres in what is known as the North Macadam District.

Oregon Health & Science University would be the biggest presence at the site. The medical school plans to build a 19-story administration building, located near future bioscience labs. An aerial tram would connect from Southwest Bond Avenue to OHSU's campus atop Marquam Hill.

Such a massive project, with its planned high-rises and tram transport, has attracted powerful opposition from residents of the Corbett-Terwilliger and Lair Hill communities. They've organized an effort to control building height, expand the planned greenway and ban or restrict the tram.

The Portland City Council will consider the project

at 2 p.m. Wednesday at City Hall, 1220 S.W. Fifth Ave.

A final decision is expected Nov. 13.

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