Blazers owner talks Moda Center renovation funding at Portland Metro Chamber meeting

Blazers owner talks Moda Center renovation funding at Portland Metro Chamber meeting

KATU sports

Key Points:

  • Tom Dundon, new owner of the Trail Blazers, discussed plans for a $600 million renovation of the Moda Center at the Portland Metro Chamber’s annual meeting, marking his first public remarks since acquiring the team.
  • The renovation funding plan includes approximately $120 million from the City of Portland, though there is ongoing public debate and protests alleging secretive dealings and misuse of public funds.
  • Local leaders involved in the discussion include Senate President Rob Wagner, Senator Kate Lieber, Mayor Keith Wilson, and Multnomah County Chair Jessica Vega Pederson, highlighting the project’s significance to the community.
  • Mayor Wilson indicated the city might need alternative funding sources if the Portland Clean Energy Fund committee rejects the use of climate dollars for the arena renovation.
  • The Portland Metro Council meeting, featuring a conversation between Dundon and Metro Council President Andrew Hoan, is ongoing with live updates provided by KATU News.

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