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AECCommercialFinanceIndustry NewsPortland

Portland Council Pledges $120MM Toward $600MM Moda Center Overhaul to Keep Blazers

Wednesday’s vote sets the stage for months of high-stakes bargaining with the Trail Blazers’ new ownership, whose rocky start with City Hall has...

Interstate Bridge Replacement, Federal Highway Administration, Bridge Investment Program, Columbia River, U.S. Department of Transportation
AECFeaturedIndustry NewsPortland

ODOT Draft Estimate Pushes Rose Quarter Freeway Project to $3.6B, Leaving Nearly $3B Unfunded

A draft internal cost memo prepared by the Oregon Department of Transportation and posted publicly this week values the remaining unfunded work on...

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AECFinanceIndustry NewsPortland

Multnomah County Commissioners Float New Funding Path for Moda Center’s $600MM Overhaul

Two Multnomah County commissioners are pushing to fund the county's entire $88 million capital pledge for the Moda Center renovation through an existing...

REI, Portland, Pearl District
AECCommercialIndustry NewsPortland

Mortenson’s Portland Chief Presses Case for Public-Private Deals as $573MM Moda Center Package Stalls

Mortenson Vice President and General Manager Mike Clifford, whose firm built two of the region’s marquee public-private projects, argued in a Portland Business...

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AECCommercialFinanceIndustry NewsPortland

Blazers Owner Dundon Refuses Private Cash for $600MM Moda Center Overhaul as Portland’s August Deadline Nears

New Trail Blazers owner Tom Dundon told a record Portland Metro Chamber crowd that he will not contribute private money toward the Moda...

Skyline of Portland, Oregon
AECCommercialFeaturedFinanceIndustry NewsPortland

City Study Pegged Moda Center Needs at $505MM as Trail Blazers Seek $600MM in Public Funds

A city-commissioned facility assessment found the Moda Center needs $505 million over 20 years to remain operable, well below the $600 million public...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
AECCommercialFeaturedFinanceIndustry NewsPortlandResidential

Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share

Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...

Seahawks 12 flag
FeaturedFinanceIndustry News

Paul Allen Estate Launches Record-Setting Sale of Super Bowl Champion Seahawks

The NFL franchise is expected to command between $9 billion and $11 billion, shattering the all-time record for a professional sports team transaction....

Seattle Seahawks
CommercialFeaturedFinanceIndustry News

Seattle Seahawks to Hit the Market After Super Bowl LX

Paul Allen’s Estate to Sell NFL Franchise in What Could Be Record $7-8 Billion Deal The Seattle Seahawks will be put up for...

markus-spiske-BfphcCvhl6E-unsplash-basketball
CommercialFeaturedHospitalityIndustry NewsPortlandRetail

Carolina Hurricanes Owner Tom Dundon Set to Acquire Portland Trail Blazers

Multi-sport entrepreneur reaches tentative deal to purchase NBA franchise from Paul Allen’s estate Carolina Hurricanes owner Tom Dundon has reached a tentative agreement...

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AECCommercialFinanceIndustry NewsPortland

City of Portland Approves Bridge Agreement with Trail Blazers for Lease Extension at Moda Center

By The Registry Staff Days after the Portland Trail Blazers and the City of Portland solidified a bridge agreement to pave the way...

AECFinanceIndustry NewsNews ReleasesPortland

Chiles Foundation Announces $5MM Gift for Building Improvements at the University of Portland’s 4,852-Seat Chiles Center

PORTLAND, Ore. — In 1983, a transformational gift from the Chiles Foundation led to the dedication of the Earle A. and Virginia H....

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