Sponsored by Forest Grove Economic Development

MADRAS

| Print |  Email
Tuesday, May 01, 2007

{safe_alt_text}

“The hump,” as locals call it, was many things during its storied past. It began as a brick building and, oddly enough, after incarnations as a slaughterhouse, brick mall, Nazarene Church and a sand heap, it’s returning to its roots. “It was always dirty, an eyesore,” says Holli VanWert, executive director of the Madras-Jefferson County Chamber of Commerce. In 2004 the Madras Redevelopment Commission purchased the 75,000-square-foot site as part of a plan to help business owners remodel rundown buildings. BrickHouse LLC, a company comprised of Madras locals, recently purchased 45,000 square feet of the property for about $670,000. Rick Allen, a managing partner of BrickHouse, says the site is at a premier location between two major roads. Previously buried power lines added to the hump’s potential. BrickHouse hopes to develop a three-story brick building to house offices and a restaurant.


Pelton Round Butte, a series of three hydroelectric dams on the Deschutes River, is certified by the Low Impact Hydropower Institute as a green-power generator. It is one of only 26 hydro plants, out of about 78,000 dams in the country, to earn that status. Pelton Round Butte generates about 465 million watts, enough to power a city the size of Salem. Portland General Electric and the Confederated Tribes of Warm Springs own the project. Falls Creek Dam outside of Eugene is the only other Oregon dam with green-power status.


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

 

More Articles

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

Portland rises

News
Monday, August 18, 2014

IMG 2551Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


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