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

OB Video: Oregon MESA

News
Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


Read more...

Proceed with caution

June 2014
Thursday, May 29, 2014
0614leadersBY COURTNEY SHERWOOD

Business and civic leaders weigh the risks and rewards of going green.


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Downtime with Doug Gastich

June 2014
Thursday, May 29, 2014
BY JESSICA RIDGWAY

How the president of BlueVolt spends his free time.


Read more...

Detox fashion

June 2014
Thursday, May 29, 2014
BY LINDA BAKER

Remember mood rings? A team of scientists at Oregon State University has designed what might be considered a 21st-century analog of the ’70s jewelry fad: a bracelet that reveals one’s exposure to pollutants.


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