This page contains a single entry from the blog posted on August 2, 2011 3:12 PM. The previous post in this blog was City replacing "urban renewal" lines of credit with $44.9MM bonds. The next post in this blog is Some good news for a change. Many more can be found on the main index page or by looking through the archives.

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Tuesday, August 2, 2011

Portland begging for takers at Centennial Mills

This is pretty funny. Now Portland's mayor and his Melvin Mark buddy chairing the anemic Portland Development Commission are sending out open letters seeking "public service-minded investors" for failed PDC projects. This missive, about the bombed Centennial Mills project, has got two "iconic"s in it, including one "wonderfully iconic," which really shows the desperation.

Oh, and so you don't forget, do it by midnight tonight! "Please respond by 5:00 p.m., Friday, August 26, 2011." Act now and they'll throw in some ginsu knives.

Comments (10)

"Based on the LAB Holding, LLC Proposal, annual property taxes generated from the new development are an estimated $770,000 year together with over 325 new jobs and an annual payroll of approximately $9.4 million."

They must have been smoking some high test, only available in Portlandia, weed! But if one looks at all the great jobs created by our light rail lines and associated developments/jobs predicted, we have people still smokin it!

I vote for Ninkasi Brewing , easily one of the most successful and high -growth companies in Oregon.

They can put in a huge brewery ,like Widmer has , and then a stunning waterfront brewpub !
They are at PDX events all the time , they love PDX.
Sam get on down state and recruit those lads.

And anyone thinks the market is full , did not got to the Brewfest , it was sooo packed you could not move!

Interesting how they give a shout-out and link to Anna Griffin. Maybe they're just trying to be topical, but it makes them look lazy or under-informed: "We can't be bothered to detail the problems with the site, so why don't you go read this article instead."

The ginzu knives will come in handy @hari kari time.

Maybe a "Sham Wow!" would be more appropriate. Holds 100x it's weight in tears

Second prize is a set of steak knives. Third prize is you're fired.

First prize is lunch with Sam Adams. Second prize is two lunches with Sam Adams and third prize is...

We could turn it into a theme park called Portland Confidential (courtesy of Phil Stanford). It would have a huge brothel, a gambling hall, a heroin smoking room, a biker bar, a Men's Bar, and special lounge for real estate sharpies, all supervised by cops on the take. We could exclude non-whites and Jews and serve the city's elite, just like the old days.

EL - third prize is an outing with David Wu but you must bring your teen aged daughter...

So is this the next 'Burnside Bridgehead' failure?

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