Home Back Issues Nov/Dec 2012 Staying alive

Staying alive

| Print |  Email
Articles - Nov/Dec 2012
Monday, November 05, 2012
Article Index
Staying alive
Page 2
Page 3
Page 4
Page 5

Resorts, hospitality

1112 StayingAlive 06
R&H Construction also recently built the Lake House at Caldera Springs, a resort development slowly in the works on 400 acres near Sunriver outside of Bend.

After the housing bust and recession, when the dust finally settled over the destination resort scene in Central Oregon, there were unfinished golf courses baking in the desert sun, thousands of approved home lots sitting vacant and a handful of planned resorts that went bankrupt.

“The resort community had a huge shakeup,” says Galash, of R&H, which has done its fair share of resort work at places such as Black Butte Ranch and Caldera Springs.

The sector has long since hit bottom, and it’s been slow to crawl back up. Remington Ranch and Thornburgh Resort filed for bankruptcy in the past two years; others, like Tetherow golf resort, remain in limbo, although there are signs of a gradual turn.

“Lots in these places have been recapitalized or are no longer in the hands of the folks who started them,” says Saito of Gerding Edlen. “That’s the first step.”

Portland developer Joe Weston, who’s owned land at Tetherow since 2007, plans to develop overnight facilities there, which Galash says bodes well, if not for the larger resort scene, then at least for Tetherow.

Elsewhere, other builders have seen some healthy returns in other areas of hospitality.

“We’re doing a number of new hotels and renovations for different developers,” says SERA’s Schultz. “Slowly and quietly, we’ve seen a comeback in hospitality” in Portland and elsewhere around the state.

Ausland Group is currently renovating two Holiday Inns in Grants Pass and Roseburg, and similar to R&H, which completed an expansion for Deschutes Brewery in Bend, the firm just finished up a 28,000-square-foot brewery for Ashland’s Caldera Brewing.

“For a brewery to be expanding like that,” says Ausland, “we think that’s a good sign of what’s to come in the economy.”

Jon Bell is a Portland-based journalist who writes frequently for OB. He can be reached at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .



 

More Articles

Green your workplace

News
Thursday, April 03, 2014
100Green14logo200oxBY OB STAFF

Learn how to green your workplace and lower your environmental footprint at the office. Oregon Business presents a two-hour "Greening Your Workplace" seminar on May 28th, 2014 at the Nines Hotel in Portland.


Read more...

The future of money

March 2014
Tuesday, February 25, 2014
BY JAKE THOMAS

An ancient institution moves slowly into the digital age. 


Read more...

Leader's bookshelf

Contributed Blogs
Friday, March 14, 2014
02.06.14 BooksBY TOM COX | OB BLOGGER

Five books that will make you a better leader.


Read more...

The 2014 List: The Top 34 Medium Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

The more they change, the more they stay the same

March 2014
Tuesday, February 25, 2014
100-best-collageBY BRANDON SAWYER

The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

Fuel's gold

March 2014
Tuesday, February 25, 2014
BY SOPHIA BENNETT

The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue. 


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS