December 8th, 2008 | by NIGEL JAQUISS News | Posted In: City Hall

HQ Hotel Project On Life Support

pig

As reported over the weekend on WWire, Metro staffers have decided a "headquarters hotel" that tourism boosters want to build next to the Oregon Convention Center, is a non-starter in the current environment.

This morning, Mayor-elect Sam Adams convened government leaders and tourism industry representatives to see if there is any way to keep the project alive. That will be tough, considering neither Metro nor Multnomah County want to put a dime in the project and because economic conditions have worsened dramatically since the City of Portland abandoned its efforts to develop the hotel in 2006.

Today, Adams asked City and Metro finance teams to run the numbers one more time and report back by Friday on whether there's any way to keep the project moving forward.

Maybe it's time for Adams to heed advice former Mayor Vera Katz offered her former chief of staff last summer in remarks at City Club — don't spend every available dollar.

Metro is still scheduled to vote on the issue Dec. 18.
 
  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
comments powered by Disqus
 

Web Design for magazines

Close
Close
Close