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While there is certainly value in the land, there's no way it's worth $100 million. The PDC paid $88 million for the post office site, which is 2.4x as large, in a more desirable location, and unencumbered by a National Register listed building. |
Good points, but I'm surprised at how little the post office site got.
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I believe for the Memorial Coliseum remodel to really gain traction it needs a viable sports tenant as a anchor. That may or may not be the Winterhawks. They draw way better at the Moda but that maybe because the best games are at the Moda and the Coliseum is such a dump right now. The Winterhawks have said in the past they are willing to be that anchor tenant. If so, they need to step up and make it happen. The other potential anchor tenant is Portland State. They are building a new arena but at 3000 seats, it's kind of a joke. If the team can ever get its act together and become a real draw, they might be the perfect tenant to get a coliseum remodel going.
Remodeling the MC without a plan in mind that gets the public excited is going to continue to fail up to the point where the MC will eventually be comdemed for being unsafe. Remodeling the place to keep the current hodge podge users isn't going to work. I still like the idea of turning it in an ice center. Winterhawks use it as their training facility and arena, the public gets to use it during the rest of the time. It might even encourage some high schools to put together hockey leagues. |
WinterHawks could be the new Timbers. There were people wanting to tear down the timbers stadium as well. You just need a bit of "innovative" thinking and Memorial Coliseum would be a huge asset to the community. The larger question is where is Paul Allen. Guy spends like crazy up in Seattle but lets the Rose Q rot. Everything around him is booming.
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EDIT: Well well... I didn't realize that last year, the Portland Thunder became the Portland Steel - another wtf name. And this year, the team folded. |
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But if that happens, where will a MLB stadium go? One can dream about rooting for the Portland Beavers some day.
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A reasonable person might question the resulting field dimensions – which, based on the Coliseum's existing footprint and allowing for grandstands to accommodate 45,000 or so, would compare favorably with a decent-size little league field – but I view this as a plus since the Beav's had a hard enough time hitting the ball out of modestly-sized Civic Stadium. It goes without saying that their GM would need to focus on acquiring a top-notch pitching staff. *this is pure speculation on my part. |
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