PDC prepares to sell parcel of land near convention center

PDC prepares to sell parcel of land near convention center

The Portland Development Commission will vote whether to sell the 0.31-acre parcel north of the Oregon Convention Center for $1.3 million.

 That's $320,000 short of the $1.62 million the agency's appraiser said it was worth earlier this year. 

But an appraisal paid for by the developer, Mortenson Construction, put the land's value at $1 million. After negotiations and a discussion between the two appraisers, they agreed to split the difference.

Read more at OregonLive.com