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|Articles - Nov/Dec 2012|
|Monday, November 05, 2012|
Page 2 of 5
Commercial and industrial
When the economy crashed in 2008, commercial and industrial construction all but dried up as companies shifted into austerity mode and made do with what they had.
Oregon’s largest private employer instead announced two years ago that it would build a $3 billion fab in Hillsboro. Known as D1X and scheduled for completion in 2013, the project, along with upgrades to facilities in Oregon and Arizona, was expected to create close to 8,000 U.S. construction jobs.
“Intel is the one wildcard in our home market that really impacts the trades here,” says Kelly Saito, president of Portland-based Gerding Edlen. “They can create an entire market with just one building.”
The company did just that again in late October when it announced plans for another massive round of new construction in Hillsboro that will add an extension to the D1X development fab, an office building, a manufacturing-support building and a multi-story parking garage. Two years worth of construction should kick off in 2013.
Intel’s construction impact reaches far beyond the new facility as well. An expanded Intel presence and 1,000 new full-time jobs will also draw associated vendors and high-tech firms, many of whom will need new or renovated places to work and live.
But not everyone has an Intel, and the action’s been a little slower elsewhere.
In Southern Oregon, Kelsy Ausland, president of Medford development firm Ausland Group, sees a small uptick in private projects. Even if it’s just a 70-stall parking lot outside a corporate office, it’s still a sign that business and employment is picking up.
“Two years ago, people weren’t investing in those kinds of projects,” she says. “Now they’re starting to.” But the Coast and most of the rural areas in the state “are really hurting for construction work,” says Mohlis.
One exception: data centers. Technology companies from Apple to Yahoo have been building data centers in Central Oregon and the Columbia Gorge in recent years. The latest: a 62,000-square-foot addition to one of Facebook’s two 332,000-square-foot Prineville data centers. Those projects employed roughly 250 construction workers every day they were being built. The social-media giant also has land for a third building as large as the first two should demand require it, says company spokesman Lee Weinstein.
Tuesday, May 26, 2015
BY JACOB PALMER
Live, Work, Play: CEO of Gorilla Capital.
Friday, May 22, 2015
BY LINDA BAKER | EDITOR
Roy Kaufmann always lands on his feet.
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.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes.
Wednesday, May 20, 2015
BY KIM MOORE | RESEARCH EDITOR
An earthquake would completely destroy many Oregon businesses, highlighting the urgent need for the private and public sectors to collaborate on shoring up disaster preparedness, said panelists at an Oregon Business breakfast summit today.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Friday, May 22, 2015
BY LINDA BAKER | PHOTOS BY JASON E. KAPLAN
As the recession recedes and tourism grows, Central Oregon resorts redefine themselves for a new generation.
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