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Pacific Northwest College of Art unveils $30M renovation plan

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Monday, June 04, 2012

The Pacific Northwest College of Art unveiled a $30 million renovation plan for a former post office and federal building in downtown Portland.

At its annual fundraising gala, the school said the Harold and Arlene Schnitzer CARE Foundation had given $5 million toward the project, and the building at 511 NW Broadway will be named for the Schnitzers.

The donation is one of the first contributions in a $15 million fundraising campaign for the project, the remainder of which will be paid for with tax credits, grants and loans. The Portland Development Commission awarded a $740,000 grant for planning and designing the building.

Read more at OregonLive.com.

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