OT MLB to PDX: We're talking baseball to PDX

Discussion in 'Portland Trail Blazers' started by BigGameDamian, Apr 15, 2018.

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  1. Kano John

    Kano John Start 'em young!

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    That's a nice thought but over the last 20 years several thousand high end condo units were added to the Pearl and S. Waterfront and at the same time homelessness has increased 10 fold.
     
    Kano John, Dec 24, 2024
    #3161
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  2. Phatguysrule

    Phatguysrule Well-Known Member

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    When people are given respectable homes and treatment they recover from the problems related to homelessness at far higher rates and with far lower recidivism rates than any other way.

    This is how Finland has eliminated homelessness. This is how SLC eliminated homelessness between 2005 and 2015 (when the program was ended). Finland spends (and SLC spent) far less on homelessness by offering permanent housing and support than by allowing homelessness.

    *Edit* And I'm not even sure we need to put public money into building skyscrapers. Just change the permitting process to encourage it. If anything, put public money into converting office space into low income residential.
     
    Last edited: Dec 25, 2024
    Phatguysrule, Dec 24, 2024
    #3162
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  3. Phatguysrule

    Phatguysrule Well-Known Member

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    The housing supply in Oregon has been restricted. We lost thousands of homes in the fires, for example. And we had only added 250,000 units between 2005 and 2019. While our 18+ population grew by 650,000.

    And then we had the pandemic (during which many people struggled), then the resulting inflation. Then the aforementioned fires which cost us tens of thousands of houses.

    Any building that we have done has not been nearly enough.

    https://www.deptofnumbers.com/housing-units/oregon/
     
    Last edited: Dec 24, 2024
    Phatguysrule, Dec 24, 2024
    #3163
  4. kjironman1

    kjironman1 Well-Known Member

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    Yep. The cost of allowing them to stay homeless and continue to destroy the city as we know it has been far greater than just giving them a respectable place to live.
     
    kjironman1, Dec 24, 2024
    #3164
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  5. Phatguysrule

    Phatguysrule Well-Known Member

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    100%
     
    Phatguysrule, Dec 24, 2024
    #3165
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  6. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Clackamas Town Center owner defaults on $191M debt as anchor-tenant leases loom

    The owners of Clackamas Town Center have defaulted on $191 million in mortgage debt.

    The default comes just months ahead of a slate of scheduled lease expirations affecting nearly half of the rentable space at the 1.4 million-square-foot shopping mall, according to loan servicer reports.

    The loan balance, which is split in two tranches, was originated for $216 million by Bank of America in September 2012. The mortgage debt was sold that same year to a commercial mortgage-backed securities (CMBS) trust now managed by KeyBank National Association, according to the report.

    A spokesperson with KeyBank declined to comment.

    A spokesperson for Brookfield Properties, which owns Clackamas Town Center, said it is working with its lender and there will be no impact to shopping center operations.

    The mall is at 12000 S.E. 82nd Ave. in Happy Valley. Anchor tenants for the mall include Dick’s Sporting Goods, Macy’s and JCPenney. The report shows that leases for the Macy’s, Macy’s Home Store, JCPenney and a now-shuttered Nordstrom space are set to expire in October. Together those leases account for around 630,000 square feet at the mall, according to servicer reports.

    This comes as a time when department stores are reducing their portfolios as customer buying habits and inflation change the retail landscape. Macy's is the most recent retailer to announce plans to shutter locations. The retailer on Thursday announced plans to close stores nationwide, including locations in Hillsboro and Salem.

    https://www.kgw.com/article/money/b...debt/283-2ed210ec-77af-43a8-8897-05805e0f9d31
     
    SlyPokerDog, Jan 14, 2025
    #3166
  7. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Tear it down and put the baseball stadium there. Has freeway and light rail already.
     
    SlyPokerDog, Jan 14, 2025
    #3167
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  8. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    It would do a lot to revitalize/improve the area.
     
    julius, Jan 14, 2025
    #3168
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  9. SharpesTriumph

    SharpesTriumph Well-Known Member

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    This actually is a great idea!
     
    SharpesTriumph, Jan 14, 2025
    #3169
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  10. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Convert it to a homeless shelter.

    barfo
     
    barfo, Jan 14, 2025
    #3170
  11. PtldPlatypus

    PtldPlatypus Let's go Baby Blazers! Staff Member Global Moderator Moderator

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    Should do that with Lloyd center
     
    PtldPlatypus, Jan 14, 2025
    #3171
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  12. kjironman1

    kjironman1 Well-Known Member

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    It would absolutely be the best consideration they could come up with.
     
    kjironman1, Jan 14, 2025
    #3172
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  13. Hoopguru

    Hoopguru Well-Known Member

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    You've got 205, 212, 224, and 99 all close by too.
     
    Hoopguru, Jan 14, 2025
    #3173
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  14. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    And if the new baseball team has some sort of a center curse like the Blazers do, Sunnyside hospital is right next door.
     
    SlyPokerDog, Jan 14, 2025
    #3174
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  15. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    The footprint for CTC is huge. It dwarfs that of the Ross Island location, and as others have said, it'd be right on the Green line.

    And if they could somehow continue the Green south on I-205 (put it in the median maybe), it could help too.

    I am not holding my breath in the least tho, but the hats would look cool.

    They just built a Residence Inn there, where a baseball stadium would be a boom for that. It almost makes too much sense.
     
    julius, Jan 14, 2025
    #3175
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  16. Hoopguru

    Hoopguru Well-Known Member

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    Anywhere East Side!
     
    Last edited: Jan 15, 2025
    Hoopguru, Jan 15, 2025
    #3176
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  17. superfly4201

    superfly4201 Active Member

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    There would go any semblance of a sexy skyline ballpark. Can’t think of a more boring place.
     
    superfly4201, Jan 15, 2025
    #3177
  18. AldoTrapani

    AldoTrapani Well-Known Member

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    You guys know CTC is a busy ass mall that does extremely well right?

    Everytime I go there I have a hard time finding parking. Washington square mall even more popular.

    The owners just suck is all that is going on. They’ll lose the mall, it’ll go on auction and the next owners will buy it pennys off the dollar and make a killing. Thats it.
     
    AldoTrapani, Jan 15, 2025
    #3178
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  19. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    This is simply not true, unless you only go there during Christmas. I know this because I go there once or twice a week (for work) and there are always parking spots available. They have an entire section of the parking lot they've closed off because they have far more parking than necessary.

    Hell, they have a structure that barely gets used either.
     
    julius, Jan 15, 2025
    #3179
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  20. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Brookfield is a huge outfit. They might suck in many ways, but they definitely aren't novices (or short on money).

    The only way they lose the mall is if they intend to.

    I'd guess what's going on here is that they are either (a) playing some variety of hardball with the lenders, or (b) waiting to see if all the anchor tenants withdraw, in which case it might make sense to bail. Or both.

    barfo
     
    barfo, Jan 15, 2025
    #3180
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