Blazers’ $600 million Moda Center renovation faces public funding debate

Dozens protested outside the Moda Center on September 27, demanding that private owners contribute more to the $600 million renovation project. Portland City Council recently approved a non-binding term sheet, but public funding totaling approximately $365 million from the state, $88 million from Multnomah County, and $120 million from Portland has sparked debate. The renovation process is moving forward, with PCL Construction selected as the contractor, although concerns remain regarding the financing details. A new 20-year lease is required by December 31 to secure state funding, creating urgency for negotiations.

• 1:20 AMYahoo Sports — Blazers’ $600 Million Moda Center Renovation Faces Growing Pushback Over Who Pays