Portland considered $80M incentives for Nike

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Friday, April 12, 2013

Portland officials considered unprecedented financial incentives of $80 million to lure Nike to the South Waterfront District.

Taxpayer-backed investments could balloon to nearly $140 million if Multnomah County officials approve a major tax-abatement program for Nike, under one scenario.

Details were laid out in information obtained by The Oregonian, though it's not known whether any specific financial package has been offered to Nike officials, who are also weighing options in Washington County.

Read more at OregonLive.com.

{biztweet}portland nike{/biztweet}

 

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