Story perspectives

Lawmakers Push Oregon Arena Fund for Moda Center Renovation

2/12/2026

Summary

Story summary

Oregon lawmakers discussed the Oregon Arena Fund to renovate Portland's Moda Center, contingent on the Portland Trail Blazers signing a long-term lease.
The Moda Center hosts over 200 events annually and generates significant economic activity.
Governor Tina Kotek emphasized that the investment supports Oregon's future.
Portland Mayor Keith Wilson pledged $120 million upfront and ongoing annual contributions.
The Senate Committee will review the bill on February 16.

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Story summary

Oregon lawmakers discussed the Oregon Arena Fund to renovate Portland's Moda Center, contingent on the Portland Trail Blazers signing a long-term lease.
The Moda Center hosts over 200 events annually and generates significant economic activity.
Governor Tina Kotek emphasized that the investment supports Oregon's future.
Portland Mayor Keith Wilson pledged $120 million upfront and ongoing annual contributions.
The Senate Committee will review the bill on February 16.