Sponsored by Lane Powell

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

Downtime with John Helmick

June 2015
Tuesday, May 26, 2015
BY JACOB PALMER

Live, Work, Play: CEO of Gorilla Capital.


Read more...

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


Read more...

Nine lives

Linda Baker
Friday, May 22, 2015
0f4f7bfBY LINDA BAKER | EDITOR

Roy Kaufmann always lands on his feet.


Read more...

Department of Self-Promotion

Linda Baker
Wednesday, June 17, 2015

061715-awards1Oregon Business wins journalism awards.


Read more...

Credit Unions Perspective

June 2015
Tuesday, May 26, 2015
BY KIM MOORE

A conversation with Gene Pelham, CEO of Rogue Credit Union.


Read more...

Photo Log: The 2015 100 Best Green Workplaces in Oregon

The Latest
Wednesday, May 27, 2015
greenthumbPHOTOS BY JASON E. KAPLAN

Oregon Business celebrated the 100 Best Green Workplaces with an awards luncheon yesterday at the Nines Hotel in downtown Portland.


Read more...

Green workplace 2.0

Linda Baker
Thursday, May 28, 2015
IMG 2808BY LINDA BAKER | EDITOR

Reinventing capitalism. Office dumpster divers. Handprints versus carbon footprints.


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