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Old Posted May 13, 2015, 2:04 AM
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65MAX 65MAX is offline
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Join Date: Jun 2006
Location: People's Republic of Portland
Posts: 2,138
First of all, great news about developing this parking lot.

However, I don't think 873 parking spaces is excessive for 980 housing units. Especially when that includes parking for the commercial parts of the development.

Also, nowhere have I seen (except the misleading title of the Business Journal article) where they said the Regal was going to be demolished. If there's going to be theatres in the new development, it seems pretty wasteful to tear down perfectly good (and profitable) theatres just to rebuild them again. The BJ article merely refers to the much more in depth Oregonian article, which simply states that the developers are buying the theatre AND its massive 4-block parking lot. Nobody said the theatre was being demolished.
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