The Portland Diamond Project is seeking $800 million in funding from Oregon legislators to build a baseball stadium, a significant increase from the $150 million approved two decades ago. The funds would be repaid over 30 years through a “jock tax” on players and team employees, with the revenue eventually going into the state’s general fund. The proposed stadium would be built on a 33-acre site in Portland’s South Waterfront area, following a sale agreement with Zidell Yards. While MLB has not announced plans to expand, several cities, including Salt Lake City and Montreal, are vying to attract a team. The Diamond Project’s request aims to make Portland competitive with other cities, such as Salt Lake City, which recently received $900 million in public funding for a ballpark district. Project founder Craig Cheek, Portland Mayor Keith Wilson, and others are set to testify in front of the Senate Finance and Revenue Committee to advocate for the project. The proposed ballpark, designed by Populous, was revealed at a recent committee hearing. The bill is part of the effort to bring Major League Baseball to Oregon and make Portland a potential expansion site in the future.
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