News
Prosper Portland Weighs Office Building atop Convention Center Parking Garage
ByÌýElliot Njus | The Oregonian/OregonLive
Excerpt:
Portland's economic development agency might top a parking garage already under construction near the Oregon Convention Center with a 10-story office building.
The agency, Prosper Portland, is building the $32 million parking garage alongside a 600-room Hyatt Regency hotel to serve the Oregon Convention Center.Ìý ¾º²Ê×ãÇòapp Construction, the Minneapolis firm behind the hotel, is also building the garage for Prosper Portland.
The hotel's construction is back by $60 million in revenue bonds tied to local lodging taxes, as well as a state grants and land provided by Prosper Portland.Ìý The 442-space garage was intended to serve the hotel and the convention center.
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