At an event Tuesday, leaders from Metro, Portland, the region's travel industry and Hyatt met to discuss the $230 million, 600-room hotel, which is expected to open in 2019.
On March 3, the Metro Council accepted adjustments to the budget and schedule and updated the development agreement with Mortenson Development and Hyatt Hotels.
The long battle over whether or not to build the Oregon Convention Center Hotel appears to be over. Metro announced today that it has reached an agreement with a coalition of opponents who’ve been fighting the proposed hotel.
After years of court battles, the path toward Metro's 600-room Hyatt Regency hotel near the Oregon Convention Center appears to be clear. The regional government and its opponents announced a settlement Friday.
There have been no bonds issued yet, no ground broken, and the land due north of the Oregon Convention Center sits as empty and quiet today as it has been for years. Even so, backers of the proposed Oregon Convention Center Hotel, a $212 million, 600-room hotel planned for the site, are confident that a 2018 completion date is still on the table.
Metro's plan for a hotel near its Oregon Convention Center cleared another legal hurdle on Wednesday as the project moves closer to groundbreaking.