Portland Center Stage Sets Sights on Armory
Sep 10, 2003
Nearing its September 30 deadline, Portland Center Stage is confident it will reach the $2 million goal to secure the Armory as its future home, writes Aimee Curl, Daily Journal of Commerce. The historic building is part of Gerding Edlen’s Brewery Blocks, a multi-building redevelopment in the Pearl District.
“The Portland Development Commission voted in July to try to purchase the historic Armory building and convert the facility into a new performance venue for Portland Center Stage.”
“The $4.2 million needed to buy the Armory will be borrowed from the city against future urban renewal dollars in that area. The loan will be made through a newly formed entity called the Portland Historic Rehabilitation Fund.”