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RE: LeoThread 2025-11-02 14-20

in LeoFinancelast month

Part 4/12:

Portland's bid, on the other hand, is centered around a riverfront location along the Wamtut River, nestled between two iconic bridges. Renderings of the proposed stadium are impressive—a sleek, modern facility with features like a retractable roof to accommodate Oregon’s rainy weather. The site’s proximity to downtown and access to multiple modes of mass transit strengthen Portland’s case. Notably, the state has already committed around $800 million in public funds, facilitated by an existing "jock tax" (a tax on the income of team athletes) that would funnel revenue into stadium development.

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