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Convention Center Hotel
Today's Oregonian included a front page story on Metro's upcoming vote on a Convention Center hotel. It reports on a funding gap and the need for an annual public subsidy, at least for the first 8 years.
While this is not directly a Multnomah County matter, it could affect local property taxes, a portion of which fund Multnomah County. There are several ideas for covering the funding gap including creating a new business improvement district, raising the hotel/motel tax, and getting funding from the Oregon Lottery. What do you think of a Convention Center hotel?
Posted on September 20, 2007
Comments
(Note: Comments are the views of their authors, and no one else.)
Posted by: Terry Parker - September 20, 2007 03:29 PM
It is obvious the marketplace can not sustain the cost of a convention center hotel without a bevy of public subsidies that not only create a risk, but drain funds for other public services. Furthermore, not only would such a hotel cost other Portland area hotels by taking away patrons, but it also goes against the concept to keep Portland affordable and retain families within the city. The convention center hotel idea should be rejected.