General Rees E. Price invested in the land in which he is named after and his son, William Price continued to develop the area and built the incline in 1874. The Price Hill incline was an extension of Eighth Street from the city basin up to the top of Price Hill. The eastern terminus of the incline was at Eighth Street and Glenway Avenue and the western terminus was about 350 feet above the base at Eighth Street and Matson Place. The incline was a double track and 800 feet in length. The difference between the Price Hill incline and others like the Mt. Adams incline was that the Price Hill one did not carry streetcars. The Price Hill incline started with steam engines and in 1928 converted to electric. By 1943, the incline fell into disrepair and was discontinued. At the top of the hill is Incline Plaza (shown above) – the exact point where the incline reached the top of Price Hill.
The Incline District of Price Hill is the area that lays within a ½ mile of Price Avenue. The goal of the Incline District project is to create a walk able community at the top of Price Hill with a neighborhood business district complete with shops, restaurants, and businesses as well as residential space – all with great views of the city. At this time there are a lot of activities at the top of Price Hill with new apartments and improvements seen throughout.