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|Articles - September 2012|
|Monday, August 27, 2012|
Page 1 of 2
BY ROBIN DOUSSARD
Coming into Dayton off Highway 18, one of the first things you’ll see is the renovation of Dayton’s First Baptist Church that’s under way. It stands out as a visible sign of progress in a downtown marked by vacant storefronts and worn buildings.
The project is the signature of Bill Stoller, who was born and raised in Yamhill County. A prominent businessman (he cofounded Express Employment Professionals in 1983) and founder of Stoller Vineyards, he has deep roots in the community. So the struggles of tiny Dayton, population 2,500, are something he takes personally.
Five years ago Stoller started buying property in the downtown area. So far he has purchased seven properties, including the 1886 church, around the beautiful square, arguably the town’s biggest asset. Stoller is a key driver in Dayton’s efforts to reinvent itself. Founded in 1850, the town has the square, 50 structures listed on the National Register of Historic Places, easy access from the highway and natural beauty. It is also right in the heart of Oregon wine country. But like many rural Oregon towns, it struggles in the face of few jobs, few businesses and few dollars.
“One of the reasons for doing this is that it’s my home. But Dayton also has significant future potential,” says Stoller. “That’s why I have gotten involved. I didn’t see anyone else stepping forward.” Renovating the church is a concrete statement of his commitment. After it is finished this year, he’ll then decide what to do with it. Over the next few years, Stoller plans to improve the area around the church.
“It hopefully will build the self-confidence of the town,” he says about the church project. “We need to get everything looking good. Within three years, we will have something that really kicks off Dayton. That will be the start.”
Getting started is something Stoller and others in the community feel is finally happening, saying the timing is right for Dayton to begin its turnaround.
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 LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
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.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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.
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