Posted May 29, 2024, 8:02 PM
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Join Date: Jan 2007
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The day before the City Council begins considering the future of the Keller Auditorium, a new report predicts significant economic harm for the region and local nonprofit arts organizations if it is closed for 24 months to be remodeled. The other two options would keep the Keller open while replacement performing arts centers are built in other parts of Portland.
The council will consider the three proposals on Wednesday, May 29. The Portland Tribune obtained the report on Tuesday.
The study was commissioned by Metro, the regional elected government that operates visitor facilities in the Portland area. It was conducted by Crossroads Consulting. During the first year of the closure, the study estimated potential lost economic contributions to the region including $46.8 million in output, 320 jobs, $20.5 million in labor income, and local and state tax revenues totaling $2.5 million. During the second year, the study estimated potential lost economic contributions including $49.5 million in output, 336 jobs, $21.8 million in labor income, and local and state tax revenues totaling $2.6 million.
The study also predicted adverse impacts to the Keller’s resident companies, including the Oregon Ballet Theater, Portland Opera, and especially Broadway Across America, the popular touring Broadway shows that must be scheduled years in advance.
“In recent communication between the City and Broadway Across America, Broadway Across America expressed concerns regarding the potential temporary closure of Keller Auditorium. According to representatives of the organization, there is fear that a temporary closure would have negative impacts longer than just the construction period. More than 70% of a performance audience is typically a season (or subscription) ticket holder, and these patrons are likely to leave for other entertainment/experiences in markets outside of Portland during the closure,” said the study.
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