City of Portland to buy Moda Center for $7.13 million; major ...
WEBAug 7, 2024 · PORTLAND, Ore. (KOIN) — The Portland City Council unanimously approved the city’s purchase of the Moda Center, and a parcel of land located within the Moda Center for $7.13 million at...
City of Portland buys Moda Center for $7M - KPTV
WEBAug 9, 2024 · PORTLAND Ore. (KPTV) - The Portland City Council has officially approved the city’s purchase of the Moda Center and land on the property, for over $7 million. This comes after over seven months...
City of Portland agrees to buy Moda Center, land for $7.13 million ...
WEBAug 8, 2024 · The Portland City Council unanimously approved the city’s purchase of the Moda Center, and a parcel of land located within the Moda Center for $7.13 million at Wednesday’s City Council...
Trail Blazers, city of Portland announce bridge agreement ... - oregonlive
WEBFeb 23, 2024 · During the bridge term, the Trail Blazers will commit to remaining in Portland and playing at the Moda Center. The Blazers currently own the building but lease the land.
City agrees to take control of Moda Center, eyes upgrades
WEBAug 8, 2024 · Portlanders just bought themselves a basketball arena. On Wednesday, the City Council unanimously agreed to purchase the Moda Center from Rip City Management LLC (sister company of the Portland Trail Blazers) for a nominal $1 price.
Proposed City Purchase of Moda Center Would Trigger State’s …
WEBFebruary 28, 2024 at 12:53 pm PST. The Portland City Council today will consider a resolution outlining a deal with Rip City Management LLC that would give both parties more time to negotiate a...
City council approves Moda Center lease agreement to keep Trail ... - MSN
WEBTo make the necessary upgrades happen, Portland City Council agreed to purchase the Moda Center for $1 and a piece of land for $7.03 million underneath the arena, which Rip City Management...
Portland and Trail Blazers consider Moda Center lease extension - kgw.com
WEBFeb 23, 2024 · Moda Center agreement could keep Blazers in Portland through 2035. As part of the agreement, the city will purchase the Moda Center for $1, giving it bulk ownership of the Rose Quarter....
Portland and Trail Blazers will consider 5-year extension to Moda ...
WEBHankins said the Moda Center is overdue for renovations, ranging from a new scoreboard to upgraded seating sections to an exterior lobby.
Trail Blazers, Portland City Council to finalize ‘bridge ... - MSN
WEBThe Blazers, whose current lease terminates on Oct. 11, 2025, plan to remain in Rip City but seek to upgrade the 28-year-old Moda Center, making the facility comparable in amenities and luxuries...