8legs: Portland state university

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Portland facing $1 billion-plus in arts, culture and entertainment infrastructure requests • Oregon ArtsWatch

Portland faces more than $1 billion in arts and infrastructure requests, shaping a pivotal budget debate.
PSU proposes a new Portland Arts and Culture Center with a 3,000-seat city center and a 1,200-seat community theater.
Keller Auditorium may be renovated into a mid-size venue or replaced by the PSU center, a choice dividing council members.
The Portland’5 Centers for the Arts maintenance needs total up to $336 million across Keller, Hatfield, and Schnitzer venues.
Moda Center upgrades are backed by a $600 million state package tied to Blazers' ownership and lease terms.
SB 1501 would fund the Moda Center upgrades with $360 million in state bonds and taxes on performers, contingent on Blazers' ownership change.
City officials warn of competing needs and a looming $66.9 million general fund shortfall in 2026.
Metro transfer of Portland’5 management to the City is planned by July 1, 2027, with a data-driven assessment underway.
Portland has identified a two-venue approach, with PSU center first and Keller renovation to follow, but market demand remains contested.
PSU has raised $155 million toward its Portland Arts and Culture Center share, including $85 million in state funds.

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