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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.
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN
Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Monday, July 13, 2015
BY KIM MOORE
A conversation with Greg Lambert, president of Mid Oregon Personnel Services.
Friday, July 10, 2015
BY JOE CORTRIGHT
The false promise of economic impact statements.
Thursday, June 18, 2015
While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
Wednesday, July 15, 2015
Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.
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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.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
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.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.