- How old is Moda Center and why hasn’t it been renovated before?
- Moda Center opened in 1995, making it the NBA’s oldest arena still operating without a major renovation. Previous upgrade attempts stalled due to funding disputes and shifting civic priorities, leaving the facility with aging infrastructure compared to newer arenas.
- What types of upgrades are likely included in the renovation plan?
- Early discussions point to seating reconfiguration, expanded concourses, enhanced technology (Wi-Fi, digital signage), sustainability upgrades, and improved accessibility. Premium seating and premium hospitality areas are also expected to see significant changes.
- How would the Blazers fund the renovation without relying solely on public money?
- The franchise is exploring naming-rights renewals, corporate partnerships, sponsorship expansions, and targeted public support. Allen emphasized avoiding broad-based tax increases while leveraging private capital to maximize return on investment.
- What’s the timeline for public input and approvals?
- A preliminary blueprint is expected by late 2024. Formal talks with city council and state lawmakers would begin in early 2025, with public hearings likely starting in mid-2025. Construction timelines hinge on funding approvals and potential voter referendums.
- How do renovated arenas typically impact team revenue?
- Renovated NBA arenas often see 20–30% higher game-day revenue from premium seating, sponsorships, and increased event hosting. Newer facilities also attract higher-value concerts and non-sport events, diversifying income beyond basketball.
- Has Portland considered other public investments in sports infrastructure recently?
- Portland has debated public funding for sports facilities amid competing civic priorities like housing and transit. The Blazers’ proposal comes as city leaders weigh the economic trade-offs of investing in aging venues versus other community needs.
