Saturday, July 24, 2004

Cascade Station  

A second wind for deserted complex? Cascade Station was traded to Bechtel in a 99 year $0.00 cost lease in exchange for building about 1 mile and being paid to build the rest of the 5 1/2 mile max line to the Portland airport. The contract was awarded with out a public bid process.
This 4 year old empty development has been stalled by planners and the city not allowing parking and big box stores. Taxpayers gave $14 million dollars in loans to help develop this 4 year old vacant project !

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