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Documents related to the Convention Center Hotel project

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Learn more about the legislation, studies and documents associated with the Convention Center headquarters hotel project.

The following documents are available for download below:

• The Executive Summary of Feasability Period Deliverables from Garfield Traub Ashforth LLC. This summary includes initial project cost estimates, schedules, and a hotel pro-forma.
• A resolution approved by the Metropolitan Exposition Recreation Commission (MERC) on Sept. 12, 2007, and its accompanying staff report, on the Convention Center Hotel project.
• A presentation made to the Metro Council and MERC in a joint work session on Sept. 6, 2007. The presentation includes:
  • Information from KPMG on the estimated fiscal and economic impacts of the Oregon Convention Center,
  • Information from the Portland Oregon Visitors Association (POVA) and Strategic Advisory Group (SAG) on the Portland and national hotel markets,
  • Information from HVS International evaluating the market conditions of a proposed Convention Center Hotel,
  • An alternatives analysis prepared by ECONorthwest,
  • A financial analysis of a proposed hotel prepared by Piper Jaffray, and
  • Metro and MERC staff recommendations.
• An analysis, prepared by ECONorthwest, of the various alternatives under consideration by the Metro Council and their impacts on the operations of the Oregon Convention Center and on the region's economy.
• A summary of comments received at a public workshop on the Convention Center Hotel project, held on Aug. 15, 2007.
• A report prepared by HVS International analyzing the hotel market conditions for a proposed Convention Center Hotel. The objective of the market study is to evaluate the market supply and demand for a Convention Center Headquarters Hotel in downtown Portland and to project the estimated costs and revenues associated with such a facility, as well as to evaluate the various operating models that have been suggested for the proposed property.
• An economic and fiscal analysis prepared by KPMG related to the construction and operation of a proposed 600-room publicly owned, privately operated headquarters hotel adjacent to the Oregon Convention Center. The report:
  • summarizes the financial pro forma and the incremental economic impact of the proposed hotel,
  • includes a sensitivity analysis estimating the potential fiscal impacts without a hotel and the potential economic benefits a hotel could generate from non-convention related business, and
  • estimates the fiscal benefits of a hotel for the state of Oregon.

• An annual economic and fiscal impacts analysis for the Oregon Convention Center conducted by KPMG. The 2006 economic and fiscal impact report estimates the economic activity generated by operations of the Oregon Convention Center in terms of spending, employment, and earnings, as well as the fiscal benefits to the tri-county metropolitan region during calendar year 2006.
• A one-page diagram outlining the questions to be addressed and the analytical reports to be issued leading up to a decision by the Metro Council in the fall of 2007.
• Additionally, the Portland Oregon Visitors Association (POVA) commissioned a survey of meeting planners conducted by the Strategic Advisory Group. The survey addressed Portland's attractiveness as a destination and the competitiveness of the Oregon Convention Center. It also addressed factors limiting the Convention Center's competitive position in the convention market and suggested strategies for improving the Oregon Convention Center's performance and economic impact to the region. The results of that survey can be found on POVA's Web site.

Need assistance?

Reed Wagner
503-797-1584
reed.wagner@oregonmetro.gov

Files that are downloadable from this page

• MERC Resolution no. 07-26 and staff report 779K Adobe Acrobat PDF | Published September 12, 2007
• Presentation from Metro Council and MERC joint work session - Sept. 6, 2007 554K Adobe Acrobat PDF | Published September 6, 2007
• ECONorthwest alternatives analysis 71K Adobe Acrobat PDF | Published September 6, 2007
• Comments received at public workshop - Aug. 15, 2007 83K Adobe Acrobat PDF | Published August 15, 2007
• HVS market study of proposed Headquarters Hotel 1.3M Adobe Acrobat PDF | Published August 9, 2007
• KPMG economic and fiscal impact report of proposed Headquarters Hotel 109K Adobe Acrobat PDF | Published August 8, 2007
• KPMG 2006 economic and fiscal impact report of Oregon Convention Center 189K Adobe Acrobat PDF | Published July 18, 2007
• Flow chart of decision-making process and list of reports 36K Adobe Acrobat PDF | Published July 5, 2007
• METRO RESOLUTION NO. 07-3748A - authorizing acceptance of PDC's headquarters hotel contracting process . . . 484K Adobe Acrobat PDF | Published February 8, 2007
• Metro RESOLUTION NO. 07-3772 - assigning Headquarters hotel as Metro project 5.0M Adobe Acrobat PDF | Published February 8, 2007
• RESOLUTION NO. 07-3777 - amending legislative agenda to enable seeking of lottery funding for headquarters hotel project 25K Adobe Acrobat PDF | Published February 8, 2007
• RESOLUTION NO. 07-3868 B - authorizing financing plan for publicly-owned 600 Room Headquarters hotel, and continued negotiation with the project's development team 192K Adobe Acrobat PDF | Published August 27, 2007
• RESOLUTION NO. 07-3882A - authorizing execution of development agreement, use of MTOCA funds, and negotiations for intergovernmental agreements and project funding 61K Adobe Acrobat PDF | Published November 8, 2007
• RESOLUTION NO. 07-3883 - authorizing reimbursement of expenditures with obligation proceeds 117K Adobe Acrobat PDF | Published December 13, 2007
• Executive Summary of Feasibility Period Deliverables by Garfield Traub Ashforth, LLC. 4.9M Adobe Acrobat PDF | Published July 1, 2008