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Kotek signs bill authorizing $800M for Portland MLB stadium
Kotek signs bill authorizing $800M for Portland MLB stadium
Kotek signs bill authorizing $800M for Portland MLB stadium

Published on: 06/26/2025

This news was posted by Oregon Today News

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Baseball enthusiasts want to put a ballpark on the former Zidell Yards shipyard south of downtown. The site offers terrific, riverfront views but it has potential soil and seismic issues. And while several transit lines serve the property, it's not easily accessible by car.

Oregon Gov. Tina Kotek signed a bill Thursday that would authorize up to $800 million to help finance a Major League Baseball stadium in Southwest Portland. The bill would divert income taxes from a team’s players and some employees to pay off bonds over 30 years.

News Source : https://www.oregonlive.com/business/2025/06/oregon-governor-signs-bill-authorizing-800-million-for-portland-baseball-stadium.html

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