Portland Development Commission (PDC) is an economic development agency based in Portland, Oregon. Established in 1958, PDC focuses on investing in the job creation, innovation and economic opportunity in Portland. PDC is governed by a board of commissioners who are approved by City Council. It is a component unit of City of Portland, Oregon.Portland Development Commission's investment portfolio is valued at over $490.96 million, with investments in private equity, real estate, and cash.