Is the Hyatt hurting for money so bad, they need Portlanders to build them a new hotel? Wouldn't it make more sense not to compete with all the other hotels in town that are already hurting for business?

Portland State University condemned, confiscated and now runs a nice hotel that's hurting for business.

There is a great chance that there will be a ballot measure to defeat this unpopular boondoggle.

Yeah, I don't get why it is necessary to dump taxpayer money directly on this thing, it seems a pretty good example of why BIDs need to be phased out. Every time a project is funded from BID money it means less property taxes are in reality going back to the common pot.

One of the biggest reasons there is (or was) such a tax crush is so much of the city's property has been fenced off into these districts, where they are spent on very nice projects that only benefit that local area not the city itself.

At this point, I think the central city has had enough money pumped into it, the Pearl could fed a part of the city/county's budget on its own at this point.

There needs to be some type of accounting to make sure any money spent on this project does go back to the population, the time of corporate welfare should be over.

Baseball was making good money, butt Mayor Adams dictated that Portland must become internationalized, so he built a soccer stadium out of the baseball field and kicked baseball out of downtown. Now the stadium is fucking bankrupt. Too bad he didn't have time to pass a law requeering Portlanders to change their preference.