Let's keep in mind that 2/3s of the cost of the Tram is covered by OHSU, with a lot of the balance from Tax Increment Funds generated by OHSU's and other's investment in the South Waterfront URA. Don't know the precise breakdown. What is it?
I don't know of any other transportation/development project where those who can expect to gain the most are putting up so much of the money.
And bottom line is the entire region gains when its largest employer succeeds and grows; I would think everyone would want this. Investments in knowledge based endeavors are the best an individual or a community can make to insure their economic wellbeing.
Not to mention that OHSU is the provider of health care to a large segment of our community, especially the uninsured. Let's cut them a little slack on this project.
PS While OHSU does not pay property taxes, its employees sure do.