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|Monday, June 01, 2009|
Local rock climbers in Bend are clinging to their gym membership as if they were hanging off a sheer mountainside. And with an imploded housing market and unemployment at 17%, the city is teetering on a cliff. Yet Bend-based Inclimb Rock Gym is planning to move into a larger building in July, an expansion plan that’s echoed at several Portland gyms.
“It’s kind of a response to the recession,” says manager Bevin Hess. “The building we’re in got bought right before the market crashed. They have plans to demolish it, so we decided to go the opposite route and expand.”
Though some clubs have seen membership remain flat, Inclimb and other fitness clubs around the state are following a national trend. According to trade magazine Fitness Business Pro, the fitness industry will not be as drastically affected by the recession as others. Research company IBISWorld projects 4% growth in the fitness industry this year. IBISWorld ranks the fitness industry fifth in projected growth, behind industries like video games and biotechnology.
In the Portland area, the YMCA of Columbia-Willamette is considering a new gym, though it’s based on need rather than profit. The YMCA and Gresham are discussing plans for a new YMCA in the Rockwood neighborhood. YMCA spokeswoman Tammy Spencer thinks people use fitness to regain control over their lives. “Folks might not be able to do anything about the stock market and economy,” says Spencer, “but they can do something about their health.”
24 Hour Fitness and L.A. Fitness are also expanding in Portland. There are a dozen 24 Hour Fitness clubs in Oregon, almost all in Portland. A 13th will open on Southeast McLaughlin in August. In January, L.A. Fitness opened its fifth location in Portland and plans a sixth this summer.
“People still need to be healthy. It’s something that people still hold high on their value list,” says Tyron Manlove of the L.A. Fitness on Northwest Northup.
Monday, July 13, 2015
BY KIM MOORE
Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.
Wednesday, June 10, 2015
Jeff Lang and his wife Rae used to dole out campaign checks like candy. “We were like alcoholics,” Lang says. ”We couldn’t just give a little.”
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN
A New York floral and gift business takes on the iconic Harry & David brand.
Wednesday, June 24, 2015
One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.
Friday, July 10, 2015
BY GREGG MORRIS
Rita Hansen aims to scale natural gas vehicle innovation.
Tuesday, July 14, 2015
The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
"I feel private enterprises are capable of operating at a higher efficiency than state government."
"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."
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One of the many reasons why businesses fail is due to the lack of attention to analytics. Sure, you can go on running your business, but mastering the science of analytics will translate into a business advantage.
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
Professional and Continuing Education (PACE) and the College of Business at Oregon State University is offering “Business Analytics for Competitive Advantage”, a two-day intensive workshop.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.