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|Articles - June 2011|
|Wednesday, May 18, 2011|
Page 3 of 4Sturgeon operates from a modest, south-facing office on the Fox Tower’s 20th floor. She can be approachable and charming, flashing sparkling eyes as she talks of her imminent escape from spring dreariness to Mexico with her husband and two small boys. But as the conversation shifts to business, it shortens, each of her words measured cautiously. Despite the fact that she’s held the title of president for 10 years now, since she joined TMT as a young Willamette University graduate student at Moyer's request, she admits to being “nervous” about how the ongoing Park Avenue West saga is playing out in public. “I’m worried I’m going to get reamed over it,” in future press, she says.
Sturgeon offers brief glimpses of how difficult the last three years have been. She signed the stop work orders at Park Avenue West in April 2009, a week after her second son, Cole, was born, and a few days after closing on a new house in Lake Oswego.
“It was all a blur,” she says.
Shutting down the project “was incredibly hard. The hardest part was there were no other construction jobs for the workers to jump to.”
“[The downturn] has been hard for people in the office,” she says. “They call counterparts at other firms and they’re just gone, voice mail disconnected. These are people who’ve worked for the same place for 10 or 20 years. So it’s tough for morale.”
But asked if the sight of that dormant hole kitty-corner from the Fox Tower gets under her skin, she grows terse. “It’s just part of the landscape now,” she says.
There is undoubtedly a hard-nosed edge to Sturgeon. She reportedly announced intentions to sue her father, Elie Kassab, for ownership of a theater property in Vancouver, Wash., after dinner at his house with her brother and sister in 2005. The children thought they’d been wronged in a divorce settlement between their mother, Kimberly Moyer, and Kassab, which granted him the company. (Sturgeon and her siblings lost in court.)
By the accounts of business associates, Sturgeon is now the developer in charge at TMT. But she says Moyer still remains a close adviser, descending from his condominium to the office every day, and checking in by phone when at his second home in Rancho Mirage, Calif. “We talk about everything,” Sturgeon says.
Friday, January 23, 2015
BY LINDA BAKER | OB EDITOR
The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.
Wednesday, January 14, 2015
BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR
Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.
Sunday, December 07, 2014
BY LINDA BAKER
On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.
Tuesday, December 02, 2014
BY LINDA BAKER
A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.
Tuesday, January 27, 2015
BY JACOB PALMER
Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.
Wednesday, January 28, 2015
BY LINDA BAKER | OB EDITOR
What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts very seriously.
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The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.