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|Articles - October 2012|
|Monday, September 24, 2012|
Page 2 of 4
Salem: A city in search of itself
In the basement of one of Salem’s historic buildings, Carole Smith, a downtown property owner, is talking about one of the main problems facing Oregon’s second-largest city. “We’re always saying: ‘Portland does this, Portland does that.’ We need to come up with our own solutions.”
Forty miles from PDX, Salem suffers a bit from low self-esteem and dependency issues, especially where its bigger, brasher neighbor to the north is concerned. But in a city where the economy has yet to improve — the unemployment rate is 9.6% — there are signs Salem is ready to carve out its own identity, one based on the city’s unique assets. Two very different initiatives — a city loan program that so far has funded value-added food businesses and an ambitious streetscape plan — are indicative of this approach.
Home to NORPAC Foods, Truitt Brothers and other food-processing giants, Salem is now supporting smaller specialty food and beverage companies that capitalize on local, sustainable food trends. A case in point is the Fairview Urban Renewal Area small-business pilot program, an initiative that offers loans to existing manufacturers in need of capital to grow, then forgives up to 70% of the loan in exchange for job creation. So far, the program has awarded loans to three food and beverage companies, says Wales, the city’s urban development director.
“Our goal is to grow the next Kettle Chips,” he says, referring to the Salem-born company, now owned by Diamond Foods. One potential candidate is Wandering Aengus Ciderworks. The artisan cider company grossed $500,000 in 2011; that figure is expected to exceed $1 million in 2012, says marketing director and co-owner James Kohn. For his part, Kohn would like to see Salem convert some of the surrounding grass-seed farms to specialty apple orchards. “We’re trying to sustain growth in locally sourced products,” he says.
Across town, business owners in the central core are working on another Salem-sourced project, a streetscape plan built around the vision of Elizabeth Lord and Edith Schryver, renowned garden designers who lived in Salem in the early 1900s. Linking Riverfront Park to the capitol, the gardenscape would put a local stamp on the downtown revitalization trend, says Eric Kittleson, president of the board of the Downtown Partnership. By drawing tourists who visit the Oregon Garden in Silverton, and helping Salem Hospital and Willamette University attract high-caliber employees, the landscaped downtown would also “be a huge driver for the Salem economy,” says Smith. Supporters hope to tap urban-renewal funds for the project, says Kittleson.
So far, more traditional downtown drivers have stalled. The Rivers, a high-end condo building, has sold only a few units; the long-anticipated mixed-use redevelopment of the old Boise Cascade mill is on hold. “We don’t have much to comment on at this time,” says Jason Tokarski, VP of Mountain West Investment, which purchased the site in 2007.
The city has other Salem-branded projects in the works, including putting the finishing touches on a unique 100-acre wetland in the 650-acre Mill Creek Corporate Center, the largest industrial site on the I-5 corridor between Sacramento and Canada, according to Wales. As the city moves ahead with these and other strategies, business leaders are trying to keep one guiding principle in mind. “We shouldn’t be advertising we’re close to Portland,” says Ray Burstedt, president of SEDCOR, a local economic development nonprofit. “We need to focus on who we are.”
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Wednesday, August 19, 2015
BY LINDA WESTON
In 1996, after a 17-year career in the destination marketing industry, where I gained national standing as the CEO of the Convention & Visitors Association of Lane County, I was recruited by the founders of a new professional basketball league for women. The American Basketball League (ABL) hoped to leverage the success of the 1996 USA women’s national team at the Atlanta Olympics — much like USA Soccer is now leveraging the U.S. Women’s National Team’s victory in the World Cup. The ABL wanted a team in Portland, and they wanted me to be its general manager.
Tuesday, July 28, 2015
BY JASON NORRIS
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
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Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.