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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.
Thursday, March 19, 2015
BY APRIL STREETER
How the private sector can ride the next transit revolution.
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR
Vacasa may lack the name recognition of Airbnb. But not for long.
Thursday, April 09, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.
Wednesday, February 18, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."
Friday, February 27, 2015
PHOTOS BY JASON E. KAPLAN
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Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR
Leslie Carlson channels the big idea.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.