University System Improvements will Benefit Economy for Oregonians

An important economic impact for Portland and Oregon, will result from the capital funding allocation for the Oregon University System. The $561 million capital budget  including the $60 million allocated to reduce the system's $640 million deferred maintenance backlog will help meet critical repair needs, and modernize classrooms and laboratories.

The efforts that will take place on campuses across Oregon will also create more than 11,800 construction jobs over the next several years. The projects will provide a $1.25 billion economic output of goods and services through the projects, and provide almost $400 million in increased earning for Oregonians.PCAT Building in the Background on PSU Campus

Portland State University will benefit with funds to help with the redevelopment of the PCAT building (that is the older turquoise tile building on 5th and 6th Avenues); improvements in the Science Teaching and Research Center; Science Building repairs and updating; and Lincoln Hall repairs. The Economic Benefits will Roll Out to Portlanders

While the improvements will be excellent for PSU, the economic impacts of those projects will roll out to Portlanders far beyond the campus.

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