Portland Diamond Project (PDP) has signed an agreement in principle with the Port of Portland to develop the Port’s 45-acre Terminal 2 property.
PDP is the organisation that has been making efforts to bring Major League Baseball (MLB) to Portland.
PDP founder and president Craig Cheek said: “We believe this has the potential to be a transformative landmark project for this city.
“Building an iconic, state-of-the-art ballpark along the Willamette River will catalyze economic development and capture great views of both the urban scale of the city and regional character of the Pacific Northwest.”
The letter of intent with the port enables the company to initiate a collaborative process with the City of Portland and local communities to create a Major League Baseball ballpark and community destination.
Cheek said: “We're committed to building a sustainable, equitable, and accessible ballpark that reflects what makes Portland such a special place to live.
“That means outstanding locally sourced food and beverage amenities, environmentally sustainable construction and operations, opportunities for makers and small businesses, and an atmosphere that celebrates diversity and inclusion and is welcoming to all Portlanders.”
For decades, Terminal 2 has handled commodities such as steel rail, bulk ores, and other oversized international cargo.
The terminal will offer approximately 45 acres of riverfront property with more than 2,000 linear ft of waterfront.
The site is located on NW Front Ave, north of the Pearl District and rapidly evolving Slabtown.
The PDP founder and president said: “For the past year, we’ve been highly focused on securing the best possible property for development of a ballpark and have deeply analyzed multiple sites.
“Although additional options continue to present themselves, we are excited to announce that Terminal 2 is our preferred location and want to thank the Port of Portland for being such a great partner in this vision.”
Image: Rendering of the MLB ballpark planned by Portland Diamond Project at the Port of Portland’s Terminal 2 property. Photo: Courtesy of Portland Diamond Project.