$46-Million Rehabilitation Of Port Of Portland's Terminal 2 Now Underway
State of Oregon and Port of Portland officials joined with area business people at the edge of the Willamette River recently to witness official ceremonies noting the beginning of construction on the $46-million renovation of Port of Portland's Terminal 2.
The rehabilitation project, the most ambitious effort undertaken by the Port in this decade, will update nearly a quarter mile of waterfront and add 18 acres of new terminal area. The new section will include two new ship berths, a new crane, warehouse, and assorted yard equipment.
Financing for the project was made possible through a $40-million General Obligation Bond approved by port district voters in May 1984. The ceremony included Oregon Secretary of State Barbara Roberts, State Treasurer Bill Rutherford, Port of Portland Commissioner Blake Hering, Arthur A.
Riedel, president of Riedel International, whose firm won the major construction contract, and Port Executive Director Lloyd Anderson.
According to Capt. Peter Norwood, Port of Portland Marine Director, the terminal rehabilitation will result in one of the most modern and versatile general cargo facilities on the West Coast.