The MLB to Portland effort first gained attention in 2001 by initially looking for funding using state lottery dollars to provide a portion of the needed funds to develop a stadium. The hope was ofluring an MLB team to the Rose City, and looked at the Montreal Expos as the best possibility. The funding failed to gain a vote on the Senate floor, and the Portland effort had to wait till the next legislative session in 2003 to mount another effort. Several baseball efforts in the city were pulled together by that time under the umbrella, The Oregon Stadium Campaign. The effort was able to secure partial funding by way of earmarking player state income taxes, should a team be located in Portland. Local funding is still to be worked on. The effort now looks to themselves as being the largest market without MLB, now that the Expos have been awarded to Washington, DC.
Principal players are:
The Oregon Stadium Campaign
(Wally Van Valkenburg, CEO - David Kahn, Special Advisor)
Former Portland Mayor Vera Katz
The Oregon Sports Authority
(Drew Mahalic, CEO)
The Portland Baseball Group
(Steve Kanter, President - John Vosmek, Vice President - Jay Waldron, Vice President )
Portland presentation to MLB at initial NY meeting dated Jan. 28, 2003 (Adobe PDF Document)
Portland presentation to MLB in Phoenix dated March. 20, 2003 (Adobe PDF Document)
Comprehensive Finance, site and market document, dated 8/26/04: Proposed Interim Facility: PGE Park (current capacity 22,916. To be expanded to 25,000 - 28,000)
The entire document (Adobe PDF Document (91 pgs) Includes Executive Summary, Portland Market, The Finance Plan, The Ballpark, Team Revenue Projections, and the CSL Plan, - 46.4 megs)
Just the Portland Market section (Adobe PDF Document (22 pgs) - 4.7 megs)
Just the Finance Plan section (Adobe PDF Document (7 pgs) - 1.8 megs)
Just the Ballpark Plan section (Adobe PDF Document (35 pgs) - 38 megs)
Approx. cost: $5 - $10 million
Permanent MLB site locations indentified by HOK Sport under consideration:
Click on a number to the left to view site
1 - Rose Quarter (Blanchard) Site: NE Broadway, Wheeler Ave., and the East Side of the Willamette River
2 - Central Post Office Site - NW Broadway Ave., NW Lovejoy Ave., NW Hoyt Ave., and NW 9th Ave.
3 - Union Station Site - NW Broadway Ave., NW Flanders Ave., NW 3rd Ave.
4 - Burnside Site (405 Cap) - NW Everett Ave., Burnside Ave. NW 14th, NW 17th, (site
"caps" a portion of the I-405 freeway).
5 - PGE Park Site - Burnside Ave., SW 20th Pl., SW 18th Ave.
6 - Lincoln High Schoo Site - SW Salmon St., SW Jefferson St., SW 14th Ave.
SW 17th Ave.
7 - Lents Junction Site - I-205, SE Foster Rd.
38,000 - 40,000 - seat stadium including 60 private luxury suites, 6 party suites, as well as, 4,300 club level seats distributed on 2 levels.
The facility also assumes a 40,000 square feet area set aside for administrative offices, two restaurants and 10,000 square feet of retail space. Five clubhouses and an on-site parking area to accommodate 100 cars for administrative and player parking are also planned. In all, the facility will contain approximately 1.02 million square feet of development.
CONCESSIONS: 211 points of sale
RESTROOMS: 46 public restrooms (23 women, 23 men)
Home @ 24,000 sq. ft., Visitors @ 13,000 sq. ft., Umpires @ 1700 sq. ft., 2 Auxiliary @ 2750 sq. ft. each.
PRESS BOX: 8 broadcast booths, 11,000 sq. ft.
TEAM OFFICES: 40,000 sq. ft.
Render of Rose Quarter (Blachard) site proposal :: Click to enlarge image
Projected Cost Estimates:
Financing Proposal Breakdown:
State Income Tax Revenue - $124-$150 million. All income taxes paid by baseball players and officials will be segregated and used to service $124 million in bonds. Oregon State, Senate Bill 5, which is passed into law allows for up $150 million to be collected toward the financing of a ballpark stadium in Portland, through construction bonds.
Tax Increment Financing - $10 million. There may be an increase in this allocation should the final stadium site be within an urban renewal district capable of making a larger contribution.
Local Improvement District - $5 million.
Stadium District/Business Component - $52 million, possibly more. A Stadium District would be created that would encompass properties within approximately one-half to three-quarters of a mile of the stadium site. System would use two tiers of fees -- one tier for those businesses directly benefiting from the increased traffic, and a lesser tier for those benefiting more indirectly, or more intangibly. The fees would be based on business income and a special fee associated with event parking is also being considered.
Charter Seat Lisence Program (CSL, or PSL) - $25 million. Effects 5,000 seats within the stadium for long-term licenses.
Hotel/VRT Re-Direct - $28 million. Details not yet public.
Ticket Fee - $75 million. - This is a 10% fee on tickets.
Concessions Fee - $25 million. - This is a 8% fee on concessions and merchandise.
Upfront Owner Equity - $0