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|Articles - April 2012|
|Thursday, March 22, 2012|
Page 2 of 3
“The city’s growth in personal income or average wage per job has not kept pace with its reputation as an innovator,” says Skip Rung, executive director of the Oregon Nanoscience and Microtechnologies Institute and a member of the economic development commission. Rung and other members said the plan endorsed by the council aims to reverse these trends by focusing on three action areas: growing and retaining startups, supporting existing employers such as CH2M HILL, and “leveraging existing assets,” by creating enterprise zones or marketing the vacancies that exist on the Hewlett-Packard campus.
Unsurprisingly, the city plan targets OSU as a key resource for spinning off research-based businesses. The university’s history of nurturing new companies dates to the 1930s, when a professor and three students started CH2M HILL, which is now headquartered in Colorado. Today the university seeks to keep local startups from decamping to other cities, says OSU vice president for research and commission member Rick Spinrad. Possible strategies include giving such companies access to university libraries and fee-based materials. The larger question, says Spinrad, “is what can the university do differently to support business?”
Another commission member, Nick Fowler, CEO of Perpetua Power Source Technologies, said the city aims to more fully exploit synergies between the university, HP and CH2M HILL. A former HP employee, Nick Fowler noted that Perpetua’s thermo electric technology is only “one or two degrees of separation” from his former employer’s inkjet technology.
As city leaders grapple with growing businesses and creating jobs, one sector has already taken off: student housing. Capitalizing on student population growth and an apartment vacancy rate of less than 1%, developers are planning at least four major off-campus student housing developments. “It’s a beneficial time for building units,” says Tom Gerding, a contractor who is building one of those projects: 7th Street Station, an 82-unit complex with 308 bedrooms. Gerding also is working on two affordable housing projects.
Not everyone is enthusiastic about the city’s housing boom. “It feels as if Corvallis is under siege from housing developers who say, ‘Ooh, we can build student housing there,’” says Louise Marquering, one of many Corvallis residents who have organized to protest parking, congestion and other problems stemming from OSU’s growth. The university, says Marquering, needs to have its own plan to house students instead of relying on private developers.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.