Portland Diamond Project reaches agreement to buy South Waterfront property for MLB stadium

The organization has agreed to purchase Zidell Yards, a 33-acre former shipyard south of downtown Portland that overlooks the Willamette River.

PORTLAND, Ore. — The Portland Diamond Project confirmed Tuesday morning that it has reached an agreement to buy 33 acres of land on Portland’s South Waterfront with the intention of developing a Major League Baseball stadium development.

The organization has agreed to purchase Zidell Yards, a former shipyard south of downtown Portland that overlooks the Willamette River. The project enters a 120-day due diligence period with a 42-month period to purchase, Portland Diamond Project reported.

“This really is a dream come true,” said

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