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Shopping (updated!)
Oregon does not have a sales tax but we do have: one of 25 designer Nordstroms in the country, which includes leather goods &amp and clothing-based Chanel boutiques. Despite our "grunge" reputation, Portland moves and shakes (and without a sales tax!). You just need to know where to look.
More clothing stores to check out:  The English Department, Una, Frock (where locally-designed DarBeka can be found), and Garment.
The Pearl(neighborhood full of a plethora of fun shops). Bridgeport Village, just outside Portland and Outlets, also just outside of Portland.
NY Times Portland Style Map,

Strip Clubs
It’s true, Portland has more strip clubs per capita than anywhere else in the U.S. There are a fair number of guys that choose to have their bachelor parties here in “The City That Works” (that used to be the City’s motto).

Restaurants

Wong's King Seafood, featured in VIA AAA's Nov/Dec 08 magazine as a place for Great Dim Sum.

 Food Carts Portland

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Oregon Museum of Science & Industry (OMSI)
Fun for kids & adults.

Oregon Zoo
Don't miss the summer concert series, some at only the cost of zoo admission, others additional.

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NW Film & Video Festival

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Farmer's Market
In addition to Portland's main market, there are markets throughout the Metro area and throughout Oregon that are definitely worth checking out.

Festa Italiana
Takes place each summer.

Flicks On The Bricks
Free movies shown in Pioneer Courthouse Square. Summertime.

Forest Park
One of the nation’s largest urban wilderness, covering 217,800,000 square feet; a labyrinth of hiking trails, nature and scenery. Free.

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Velveteria Museum of Velvet Paintings
What else? Nearly 2000 velvet paintings, nearly 350 on display at one time.

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High Tea
 Lion and the Rose, Victoria Mansion

Hockey:
Winter Hawks

Hot Lips Pizza
What's special about a pizza place? I figure since it was mentioned in Gourmet Magazine, Oct 07, it deserves a mention here. Hot Lips is Portland-born and prides itself on making pizza & soda with organic & sustainable ingredients. They even use bicycles for some of their pizza deliveries in the spirit of being environmental!

Hoyt Arboretum
Views of Mt Hood, St Helens & Rainier. 4000 SW Fairview Blvd.

Huber's
Featured in Oct 08 Gourmet Magazine, Huber's is the oldest bar in Portland, dating back to 1879. Famous for their Spanish Coffees. 411 SW 3rd Ave, Portland.