According to an Article in the Oregonian, the Portland Development Commission wants to use your tax dollars to help Home Depot locate on the east end of the Burnside Bridge. The commission is considering Home Depot to anchor a mixed-use project with condominiums and offices centered at the northwest corner of the intersection of East Burnside and Martin Luther King Jr. Boulevard. According to the Oregonian article and a brief mention in the Tribune recently, the PDC has been anything but honest about the fact that they've been talking to Home Depot.
Don Mazziotti (executive director of the PDC) said whether the commission provides financial assistance for any project "depends on the nature of the development."
"The more community objectives that are achieved by a development, the more likely we are to participate in financing," he said. "In many situations, what we do is participate by bringing land and location to a prospective deal."
To see some of the "community objectives" that Home Depot will bring to the table see: http://www.sprawl-busters.com/
I think this is just another way that the PDC ignores local business and uses our money to champion the dark forces of formula-retail, Big-Box Retail and National Chain-Stores. Our mayor appointed these bozos?
Funny thing is if you read the FAQ's on the PDC's website they claim:
The "PDC helps make Portland a great place to live and tries to keep it that way. We call it sustained livability for our city and region. We share a vision with others of a city with a vital economy, healthy neighborhoods and quality jobs for all citizens."
Yeah hoisting a mega huge Home Depot on the Central East Side - that'll help make Portland a great place to live...
link to oregonlive.com