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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, October 21, 2015
BY JASON NORRIS | CFA
Volatility reigned supreme over the summer. The old Wall Street adage of, “Sell in May and go away,” was prophetic in 2015.
Monday, September 28, 2015
BY CHRIS NOBLE
This year has been so dry we were caught napping when it finally started to sprinkle. Hopefully you didn’t get caught in a downpour while eagerly awaiting — don’t deny it — our curation of Oregon-grown wet weather wear.
Saturday, October 24, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
What's it like working with your sister and how do you compete in Portland's crowded artisan ice cream space?
Wednesday, October 28, 2015
BY LINDA BAKER
Vigor’s values don’t stop at truth. Walk into a company office, conference room or on any shipyard site and you’ll most likely see a poster inscribed with the words “Truth. Responsibility. Evolution. Love.” Otherwise known as TREL, Vigor’s culture code and the prominence it is accorded can be a bit surprising to the unsuspecting shipyard visitor.
Monday, September 28, 2015
BY LINDA BAKER
Bill Levy of Pacific Ag talked to Oregon Business about new residue markets, the company’s growth strategy and why a biofuel plant is like a large cow.
Wednesday, September 30, 2015
Oregon Business magazine has named the seventh annual 100 Best Nonprofits to Work for in Oregon. The rankings were revealed Wednesday night during an awards dinner at the Sentinel Hotel in Portland.
Thursday, November 12, 2015
BY LINDA BAKER
Raye Miles, a 17-year taxi industry veteran, lacked the foresight to anticipate the single biggest trend in the cab business: breaking the law.
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Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.