KATU wants to know what you want to see in a Portland Diamond Project baseball stadium

The Portland Diamond Project has signed a letter of intent to purchase Zidell Yards on Portland’s South Waterfront for the future home of a Major League Baseball stadium.

This marks a significant step in bringing professional baseball to the Rose City.

According to officials with the project, the plan includes the purchase of a 33-acre former shipyard on the Willamette River, south of downtown Portland.

“This really is a dream come true,” said Craig Cheek, founder and president of Portland Diamond Project. “This is just a significant step because, you know, you have to have a place where you’re building a ballpark and fans are coming to the stadium and enjoying everything.”

The property is currently owned by ZRZ Real Estate. Following the Portland Diamond Project’s letter of intent, the deal will go into a 120-day due diligence period and a 42-month period to purchase.

"We’ve spent years talking about a future Major League Baseball team calling Portland home. Now we can say Portland will have professional baseball in the heart of the city, along one of Oregon’s most iconic rivers,” Cheek added.

“All we can do is control what we can control and getting real estate under contract is a significant piece of the puzzle.”

https://katu.com/news/local/baseball-organization-plans-to-buy-sw-portland-waterfront-space-for-major-league-stadium
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Author: KATU News
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News post in at: September 25, 2024, 3:03 am.

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