The Radiator, a planned five-story development of office and retail space on North Vancouver Avenue and Fremont Street, broke ground Oct.9 amidst a crowd of onlookers that included the site developer, community partners and members of the Boise neighborhood.
Plans for a $198 million Hyatt hotel near the Oregon Convention Center inched forward Thursday after two unanimous approvals from the Multnomah County Commission.
A Hyatt hotel proposed to support the Oregon Convention Center would have to pull in $56,500 a night in its first year in room revenue to meet publicly-bonded debt obligations, a financial analysis showed. One industry analyst says Portland's "downtown summer months are rocking," while another warns that convention hotels could draw lower room rates.
Metro has partnered with economic development consultant Michele Reeves and local jurisdictions around the region to promote making the most of what downtowns already have with efforts that lead to on-the-ground results. In today's Hillsboro Argus, Reeves discusses the factors that go into economic development.
Aloha and Reedville are unincorporated communities in Washington County, between Beaverton and Hillsboro. With 50,000 residents, Aloha and Reedville, if combined, would be the fourth largest city in the county, and the 12th largest in the state, but efforts for this area to become a city have not been successful.
Supporters of the proposed Hyatt hotel near the Oregon Convention Center got a big boost Thursday when the Portland Business Alliance announced its conditional support for the $200 million tourism project.
The tour, led by project developer Dwight Unti of Tokola Properties, highlighted the components of a two-thirds completed dream, which stakeholders hope will bring life, development and revenue to the city's downtown. That dream is 4th Main, a transit-oriented mixed-use development in downtown Hillsboro's historic district.
With an eye toward the changing demographics of the Portland region, Metro launched one of its more ambitious looks at regional policy this week: An advisory committee to define and address equity.
Metro will hold an open house for the general public to learn more about the proposed convention center hotel project on Aug. 1.
Region one step closer to thousands of jobs after legislature approves $10 million for convention center hotel
The Oregon Legislature’s decision to invest $10 million in lottery funds to help bring more visitors to Oregon through construction of a convention center hotel paves the way for good jobs now and in the future and for greater prosperity for our entire state. Attracting more visitors by using Oregon’s reputation as a great place is a smart, strategic and responsible choice that supports private businesses and the families who depend on them.