[ April 26, 2024 ]
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Report: Downtown Portland is On The Verge of Financial Collapse Thanks to Black Lives Matter Riots
By Wayne Dupree, August 21, 2020
Businesses that are based in the downtown area of Portland, Oregon are fleeing their offices as the nightly Black Lives Matter riots continue to overtake the city.
Story continues below advertisement“Businesses are leaving,” Andrew Hoan, president and CEO of the Portland Business Alliance (PBA), told KATU.
“The financial consequences to the downtown corridor are a running calculation that is almost impossible to wrap your mind around,” he added, going on to say that one company already has said that the riots have cost $20 million in damage and lost business.
“You have blocks and blocks of plywood. You have graffiti. You have an accumulation of damages that are unrepaired, an ongoing perception that coming downtown is not a safe place,” Hoan continued. “We need to start to turn the corner now, so that this sort of irreparable damage does not last.”
This comes after 83 consecutive nights of increasingly violent protests in Portland in the wake of the death of George Floyd, who died in police custody in Minneapolis, Minnesota back in May. On Tuesday night, the violence increased once again as a mob smashed its way into a government building and set fires, according to the New York Post.
Standard Insurance is one Portland-based company that has fled the downtown area, moving most of its 2,100 employees from its downtown HQ to work at a site located just outside the city, according to KGW8.
“Our downtown properties have sustained significant vandalism and a number of employees and contractors have been assaulted in recent months,” explained the company’s senior spokesman, Bob Speltz.
He added that moving the staffers away from downtown was necessary because of the “current disruptions and unsafe conditions in the neighborhood.”
The insurance giant remains “committed to the downtown core,” Speltz said, “assuming conditions in the neighborhood improve.”
Stacey Gibson, who owns a Subway restaurant in Portland, said that everyone was “concerned” for safety and has had to hire extra people to try to keep staff safe.
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62 Comments
3 years ago
Friends are moving soon. They relate the difficulty isn’t just relocation but consideration of where their relocation CAN be. They can’t relocate to a location under the influence of modern Democrats for obvious reasons. They are NOT free to move about the country and that’s a damn shame.
3 years ago
Reply to
WildernessOfMirrors
Perhaps. IDK. Mass internal migration seems to be happening currently. Libs are fleeing jurisdictions THEY created. Will they learn from their mistakes or will they bring their idiocy with them and vote likewise? Certainly they are tolerant and friendly and not expecting their new communities adapt to service them.
3 years ago
Reply to
Philip
Hopefully they don’t get a warm welcome from the people who’s neighborhoods they move into unless they have learned their lesson.
3 years ago
Reply to
WildernessOfMirrors
Perhaps it is a warm welcome that might influence them politically against asinine voting. IDK. We gotta be awesomer than them, not just because we are naturally, but because it’s simply better.
3 years ago
Reply to
Philip
Perhaps. I don’t think I am as tolerant as you, but it’s something to consider.
3 years ago
It would be idiotic to stay, reopen or rebuild in that hellhole if there is a viable option. It would be the equivalent of pitching your tent on a den of rattlesnakes — you’re gonna get bit.
3 years ago
do ya thunk? why is it they already made a TV show called Portlandia??????
3 years ago
do ya thunk? why is it they already made a TV show called Portlandia??????
3 years ago
Democrats have transformed formerly beautiful cities into … holes… Coming to a town near you..
3 years ago
Reply to
taxpayer22
They aren’t coming here. They already tried organizing that crap online here, and our cops were on them like sleaze on Hillary. We aren’t ruled by Democrats here, our mayors and cops won’t put up with that crap.
3 years ago
Reply to
taxpayer22
I live in Sydney Australia and have seen a video of a Muslim in a hijab smashing a window in partnership with the other low life.
The left have joined forces with the people that carry a book that tells them to kill them, Quran 8:12
3 years ago
Reply to
Bikinis not Burkas
They are allies yes … but the answer will be in elections … you must unite to get these individuals in law and order !!!!
3 years ago
Reply to
Bikinis not Burkas
They march in the streets imitating BLM-ANTIFA in Australia’s major cities and now the whole damn country is in lockdown and getting worse. I live in FNQ and NOBODY can cross into Queensland without a permit and a VIRUS TEST and we are bloody pleased about that! The Federation of Australian States is broken by garbage minorities spewing their Communist-Left ideologies and NOBODY is stopping them.
3 years ago
Reply to
John Blow
Thanks God, there are no black or Muslim mobs here in Tasmania too (though we have quite a few honestly working – unlike the BLM parasites – black mates).
3 years ago
Reply to
taxpayer22
Yep…..we have one glaring example of history repeating itself, Detroit!
3 years ago
I lived there in the early 80’s. It was a great town. Why any municipal administration would allow its destruction is beyond me.
3 years ago
PRESIDENT TRUMP:
PLEASE DO NOT GIVE PORTLAND ANY MONEY!
The Democrats did this! THEY OWN IT! THEY NEED TO FIX IT AND NOT WITH WE, THE PEOPLE’S MONEY!
3 years ago
Reply to
Liberalism_IS_UNGODLY
It’s alright, Brown will raise taxes to aid in ignoring all that.
3 years ago
Reply to
Liberalism_IS_UNGODLY
It’s alright, Brown will raise taxes to aid in ignoring all that.
3 years ago
I will correct this to more accurately state what happened.
“This comes after 83 consecutive nights of increasingly violent protests in Portland in the wake of the death of George Floyd”
More accurate version:
This comes after 83 consecutive nights of increasingly violent riots in Portland; the death of George Floyd has been the excuse of the radical arm of the democratic party for these riots.
The riots in Portland and other democrat controlled cities are being allowed to proceed as a part of the democrat plan to sow confusion in the upcoming election along with mail in voting.
3 years ago
Reply to
anonQ
Which is why theres no condemnation from the rats – They can’t win anything on their own ” merits ” as they have no merits – look at sleepy/creepy china joe – prime example..40+ years at having achieved virtually nothing except take a paycheck of OUR TAXPAYER money and use his ” position ” to further his families ends –
3 years ago
Reply to
anonQ
Yes, please remember that George Floyd was murdered by Democrats, in 50-year-long-Democrat-controlled Minneapolis where the Mayor, police chief, right down to the librarians have All Been Democrats for over 50 years!! So, my former party, the Democrats, murdered George Floyd!!!
3 years ago
3 years ago
Reply to
anonQ
The Illinois Lt Gov is black.
The Illinois Atty Gen is black.
The Cook County State’s Atty is black.
The Mayor of Chicago is black.
The Chicago PD Superintendent is black.
The CPD Dep. Super. for Constitutional Policing is black.
Let’s talk some more about systemic racism.
3 years ago
Reply to
Jay
“systemic racism” is another left wing construct they use to justify their anti American activities.
3 years ago
83 consecutive nights of rioting in Portland!!
How many BLM/Antifa arrests have stuck?
How many lawsuits against the city for failure to protect non-rioting citizens who have been hurt?
How many lawsuits against the city for failure to protect small businesses?
That’s OK Mayor Wheeler and DA Schmidt. I’ll wait for your response.
Oh yeah, this has nothing to do with Floyd. Black lives don’t matter.
3 years ago
Reply to
WildernessOfMirrors
People keep talking about lawsuits under the illusion that the democrats have not destroyed the justice system. The courts are often just an extension of the democrat socialist party. The Flynn case is just a high profile example of judicial corruption. Police with their hands tied and lunatic District attorneys join the judges in parceling out injustice.
3 years ago
It is just another version of the protection racket. “Nice business you have here, be a shame if something happened to it”. Keep the campaign cash coming or see your business looted and burned. The police were elsewhere as ordered.
3 years ago
America was bamboozled into the $15/hour minimum wage Utopia that Democrats promised would take place…….. So why all the rioting, arson and looting in THEIR controlled cities and States??!!!
#$15-Hour-Utopia ???
3 years ago
Reply to
AR154U☑ᵀʳᵘᵐᵖ DEPLORABLE 2020
Those are the shiites worried Soros will cut them off if they do not perform well. Fifteen bucks an hour is not enough.
3 years ago
‘”… an ongoing perception that coming downtown is not a safe place,” Hoan continued.’ What is this “perception”? It is outright fact.
3 years ago
Reply to
stephen5970
DemonRats are concerned with manipulating perception, and hiding reality.
3 years ago
Black Lives Matter is a terrorist organization, just like antifa
3 years ago
let it rot… “portlandia” style.
3 years ago
Spiraling down the leftist toilet of Portland – and every other democrat run city.
3 years ago
Once great cities, soon to be vermin filled cities.
3 years ago
The Convict Hero of the DemonRats, died from an overdone of Fentanyl, combined with meth and other dangerous drugs.
3 years ago
Reply to
AlgorithmicAnalyst
He was also a known drug addict. In fact, he was blasted out of his mind when those police officers pulled him over for trying to pass a counterfeit $20 bill.
3 years ago
Reply to
AlgorithmicAnalyst
The lefties have canonized him. He is now known as St. George of Floyd, patron saint of looters.
3 years ago
If you have ever watched Portlandia…. THIS is how it ends.
3 years ago
so, will oregon and washington vote republican?
3 years ago
Leave Portland while you still have your lives. If you stay you still lose everything AND you probably will lose your lives. Do not plan to ever come back again.
{o.o}
3 years ago
This is what you can expect to happen to your city when you vote Democrat. I hope Portland gets a clue.
3 years ago
Just what did people in these cities think was going to happen if they allowed this to happen…?
3 years ago
The city and the state could have shut this down early. Instead they let it go. By their inaction, they have encouraged their own destruction. Let the city leaders and blm/antifa live out the rest of their miserable lives in the the very sh!thole that they themselves created……
3 years ago
The radical politicians are the problem to the riots and not the solution.
3 years ago
All business should leave the downtown area for a friendlier place, even out of state , if possible. The only way that the mayor, council and state assembly councillors will get the message, is when they see a sizeable drop in tax income.
3 years ago
This little piece by Sperry a couple of years ago makes a lot more sense in the light of today . . . .
Paul Sperry who presciently wrote in the New York Post: “Obama has an army of agitators––numbering more than 30,000––who will fight his Republican successor at every turn of his historic presidency…and command them from a bunker less than two miles from the White House.”
“His OFA Washington HQ is now the nerve center that coordinates 250 offices nationwide,” Sperry continued, “which together with its Chicago-based sister organization, the Community Organizing Institute (COI), are planning to facilitate the “training [of] more than 2 million youths in Alinsky street tactics” and carry out plans “to stage 400 rallies across 42 states to attack Trump and Republicans.”
3 years ago
The Democratically controlled cities are reaping what they sowed.
3 years ago
They keep saying “mobs” when they should say “democrats!”
3 years ago
Every Livelihood Matters! ELM
3 years ago
JOE BIDEN IS A PLUME-PLUCKED MAMMERING JACKANAPES.
3 years ago
Democrats would rather loose the city and turn on their constituents than admit Trump is right and ask for help from troops …
