City of Portland buys Moda Center for $7M

The Portland City Council has officially approved the city’s purchase of the Moda Center and land on the property, for over $7 million.

[warnerbasement]

How is it only $7, 000, 000? Like how is that giant building less than 3.5 houses in Laurelhurst?

[Robin-ff]

Is homelessness important to Portland officials?
Actions speak louder than words!

[JavierMartinez-wocz]

Change it back to the rose garden and why the truck are we even buying this? I have a million other ideas where that 7m could have gone

[DavidFountain-bw]

Where did they find the money for that ? Will taxpayers be on the hook ?

[odar]

What! But we can’t make new roads but toll our roads and ruin our side streets?

[jonesstrategicconsulting]

Guys something bigger is here. Think about it? 7 million? Think mass emergency planning. Shelter and command center. 7 million? Yea ok. This is alarming.

[itsallasimulationman]

There's one thing I know: if you want it done right, then have the government handle it.

[jamesklaatu]

Here that flushing sound? Where the heck does all this money come from? Spent on all the unimportant stuff. This while the city decay continues to spiral the bowl.

[joeypollack]

considering what that place did to me and this city, this is war.

[lmoorerd]

I don't know, it's in a rough part of town...😄

[curtgibson]

7 Mil is nothing. Great deal. But I am not holding my breath that they will upgrade it using the revenue from it.

[thesecurityguardchannel]

Can’t wait to see the homeless camp they turn it into 🙏

[bulldaggerwatkins]

A WNBA franchise will potentially attract dozens of attendees and the much-needed revenue stream they bring with them.

[TyroneHolmes-lm]

Just another place they can put homeless people in way to waste money

[victorandreyuk]

How do they expect to make money by having a wnba team lol

[SupremeGy]

How do they expect to make money by having a wnba team?

That’s the worst financial decision you could make.