"The city, with such limited income from the coliseum, won't invest much in capital improvements, Macht said, making the coliseum even less desirable and helping Portland Arena "kill off" the competition.
Isaac denied the claims, saying they have aggressively tried to fill the coliseum and aren't diverting events to the Rose Garden. The issue is that concert promoters and event organizers often just prefer the newer Rose Garden, with its amenities including a large video board, LED signs and renovated luxury suites".
J. Issac is of course a Senior V.P. with the Portland Trailblazers. While I am under no illusion that the Memorial Coliseum is as attractive to promoters than a modern arena such as the Rose Garden, the fact is the building does quite well considering the lack of attention it has received. Another thing that really upsets me is how it seems that the Memorial Coliseum is seemingly the only project, investment, or structure in the city of Portland that is ever questioned for profitability and/or profit potential? I never hear about any other goofy project that the city embarks on scrutinized so much.