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|Articles - August 2011|
|Wednesday, July 20, 2011|
By Ben Jacklet
“This is probably the largest private cleanup on the Willamette River to date,” he says as he walks from Zidell headquarters toward a shoreline degraded by PCBs, heavy metals and petroleum waste. “It’s huge. What an opportunity.”
The 30-acre parcel, once used to build and later dismantle World War II Navy ships, has sat as mostly vacant rubble for 16 years as the Zidell family negotiated a cleanup agreement with environmental regulators. With that deal approved in February teams of commercial divers, barge operators and asbestos abatement workers are rushing to bury the pollution of the past and set the stage for urban development. The $20 million cleanup coincides with nearby efforts to build a light-rail bridge over the river and a pedestrian bridge over I-5, turning a former dead zone into a hive of activity.
Contractors have removed upland “hot spots” of pollution and are capping the riverbank with sand and rock armor to seal off the contamination, followed by “habitat gravel” for the fish. Landscaping will follow, along with street grids and eventually, the city’s newest neighborhood. The Oregon University System is developing a life sciences research center at an adjacent property owned by OHSU, and plans are being hatched for as many as 20 new mixed-use towers, park blocks, green spaces and a waterfront bike path. The Zidell barge-building facility will remain for a while but will likely be dismantled eventually.
ZRZ Realty, the holding company for the property, plans to develop the area piece by piece, following the market. “This is the next really interesting part of the city to develop,” says ZRZ’s Matt French.
Fishman and Zidell are consulting with environmental officials to make sure the fast-moving cleanup meets the company’s obligations. They expect to finish by November 2012. Then begins the work of building an urban center from scratch, at a time when the city’s real estate market may be recovering — or not.
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
Friday, March 27, 2015
BY ROBERT MULLIN
A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR
A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.
Friday, March 06, 2015
BY JEFF DELKIN | OP-ED CONTRIBUTOR
As a local business owner, I believe it’s important to build our economy on a platform of conservation values.
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, March 20, 2015
BY OB STAFF
Join us to celebrate and network with Oregon’s best green workplaces!
Friday, March 27, 2015
BY AMY MILSHTEIN
As baby boomers sell their businesses, too many forget the all-important succession plan.
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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.
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.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.