Home Must Reads Metro may seek lottery funds for Convention Center hotel

Metro may seek lottery funds for Convention Center hotel

| Print |  Email
Must Reads
Thursday, January 10, 2013

Metro officials consider seeking $15 million in state lottery funds to help fund a proposed hotel at the Oregon Convention Center.

The regional government's staff in a memo recommended pursuing the funds during the coming legislative session. It would supplement $8 million available for the project through Metro and the Portland Development Commission.

A partnership between Hyatt Hotels, the Schlesinger family of Portland and Mortenson Construction of Minneapolis has proposed a Hyatt-flagged hotel on a Schlesinger-owned site north of the convention center. It said it would need as much as $36.1 million in public funds to make the project feasible, as well as a 30-year rebate on lodging taxes generated by the hotel.

Read more at OregonLive.com.

{biztweet}convention center hotel{/biztweet}

 

More Articles

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS