Home Archives September 2007 Bumps in the road for Medford’s downtown

Bumps in the road for Medford’s downtown

| Print |  Email
Saturday, September 01, 2007

DowntownMedford.jpgMEDFORD Its library was forced to close its doors, and one of its cornerstone developments is on ice, but champions of downtown Medford are still optimistic that their plans for a revitalized core are on track.

The Bella Vita on Main, the mixed-use development that was heralded by the Medford Urban Renewal Agency (MURA) as a cornerstone development, is on hold indefinitely because of the environment for real-estate finance. “The markt is solid,” says Bella Vita’s  developer Terry Cook, “but financing is impossible.” Cook, of Portland-based Cook Development, says he had about 50% of the retail and residential building pre-sold but after pitches to 64 lending sources, he came up empty.

Still, MURA director Jackie Rodgers is optimistic that other downtown redevelopment projects will pick up the slack. Ground may be broken as early as October on The Commons, an eight-block development project (including three blocks of open space) anchored by the Lithia Motors headquarters. A Bartlett Street overhaul is also well under way and the street will eventually break through a parking structure that currently breaks its flow. A new higher education building for Rogue Community College and Southern Oregon University should be done by fall 2008.

Rodgers also points out that dozens of downtown buldings have received facelifts through the city’s façade program, receiving grants between $1,000 and $37,500 to spiff up historic structures.

Salvatore Mellelo, who started his Mellelo Coffee Roasters business in a corner espresso stand in 1992, says he’s pleased with the progress downtown is making, despite the fact that he was forced to close one of his three downtown shops, the one at the downtown branch of the library, due to a lack of foot traffic. Jackson County closed its libraries in April when officials were unable to find a funding source.

“When I first started, I didn’t see much in the way of loving downtown,” Mellelo says. “But I’ve always loved downtown. I thought, ‘I know what this could be.’”

Despite the setbacks, he still does.

CHRISTINA WILLIAMS

Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Closing the gap: Community colleges and workforce training

News
Thursday, March 27, 2014
03.27.14 thumb collegeBY MARY SPILDE | OP-ED CONTRIBUTOR

Community college career, technical and workforce programs present an opportunity to bring business and education together as never before.


Read more...

100 Best Companies to Work for in Oregon [VIDEO]

News
Monday, March 03, 2014

Screen shot 2014-03-03 at 11.26.47 AM

Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.


Read more...

Video: Kickstarting Oregon business

News
Thursday, March 27, 2014
02.04.14 Thumbnail VideoBY JESSICA RIDGWAY | OB WEB EDITOR

Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.


Read more...

The solution to youth unemployment

News
Thursday, February 27, 2014
02.27.14 Thumbnail TeenworkBY ERIC FRUITS

Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.


Read more...

How to boost web traffic

News
Thursday, April 10, 2014
BY JESSICA RIDGWAY  | OB WEB EDITOR

04.10.14 thumb seo-trafficSEMpdx hosted a workshop this week for entrepreneurs, website developers and others interested in search engine optimization (SEO).  Here are a few tips and tricks aimed at bumping up your search engine rankings.


Read more...

Green eyeshades in the ivory tower

News
Friday, April 04, 2014
EducationCosts BlogBY ERIC FRUITS

The rapidly rising cost of higher education has left even the smartest researchers and the wonkiest of wonks wondering what’s happening and where’s all that money going. More and more, prospective students—and their families—are asking: Is college worth the cost?


Read more...

Workplace benefits

March 2014
Tuesday, February 25, 2014

Health care and vacations rule. That’s the consensus from our reader poll on workplace benefits that help retain and recruit employees.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS