Posted Jul 4, 2018, 4:05 AM
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Moderator
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Join Date: May 2005
Location: Portland
Posts: 7,517
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A round of applause for Prosper Portland (PDC) screwing up another no-brainer deal.
Emphasis mine...
https://www.oregonlive.com/expo/news..._targeted_news
Quote:
Zidell said the family would rather wait than scale back its plans for the site.
"Could we scale it back, dumb it down? Sure," Zidell said. "But it's not an interest to us."
He also said the city would have made back its investment over the 20-year buildout period through development fees and construction taxes, even without considering new property tax revenues.
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make paradise, tear up a parking lot
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