Hotel project updates
updated July 17, 2018
Hotel exceeding preliminary booking estimates
Original forecasts for the Hyatt Regency Portland predicted that we would attract five to 10 additional conventions to Portland each year. To date, four to seven additional conventions have been confirmed each year starting in 2020.
31 total conventions have been booked that included a Hyatt room block with an estimated total of 140,000 room nights. In fiscal year 2018, 25 conventions were booked because of the Hyatt Regency Portland at the Oregon Convention Center. These groups specifically selected Portland due to the availability of a Hyatt block of 250 to 550 rooms. Six additional conventions are confirmed with a Hyatt room block that likely would have come to Portland regardless.
Since July 1, 2018, Travel Portland and the Oregon Convention Center sales teams have confirmed six more conventions that include a Hyatt room block. With visitors spending an average of $404 per night, this means an additional $115 million in economic impact for our region, thus far.
Mortenson surpasses quarter completion of hotel with promising social equity workforce numbers
Have you counted the cranes in the Portland skyline lately? Count quickly as another is likely rising as you read this. To no surprise, construction is booming and the demand for labor far exceeds the available workforce, particularly for people of color and women.
While we all understand the impacts of high demand, the dynamics of the trades’ workforce are complicated. Retention of women and people of color is just one area clearly needing improvement.
So how does one address social equity in the workforce? To start, hotel developer, Mortenson Development, contributed $300,000 for the Community Construction Training Program. Metro also contributed $150,000. This $450,000 investment in training has a goal of increasing access to trade careers for people of color and women.
Mortenson and Metro are working to improve access to both minority- and woman-owned contracting businesses as well as helping ease the pathways for minorities and women looking to enter the trades as a career. A recent progress report from Mortenson indicates their efforts are delivering results. To date, the overall workforce is approaching 29 percent people of color and 10 percent women. Apprenticeship hours are significantly over goal at 25 percent. As of June 2018, 135 craft workers are on-site daily with 160,000 hours of work completed.
June 2018 progress report
All utilization hours reported are through the previous month. The hotel project adopted the goals of 20 percent apprentice hours and workforce of 15 percent female and 30 percent people of color.
Hotel project on time and on budget
Project is proceeding according to schedule, approaching 30 percent completion. No discrepancies, conflicts or ambiguities exist in the construction documents that require resolution. No health or safety issues exist in connection with the work.
The project is on target for Leadership in Energy and Environmental Design Silver rating, which requires 50 points. Currently the project team anticipates to achieve 53-57 points. Design points to be submitted to USGBC in November, upon completion of 100 percent design.
Metro has created the Construction Career Pathways Project, which was partially funded by the Metropolitan Recreation Commission. Stakeholders from public agencies and private industry are working with Metro to identify strategies for providing reliable career pathways for people of color and women in the construction trades.
Learn more about Construction Career Pathways Project