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|Articles - April 2013|
|Monday, April 01, 2013|
Page 4 of 4
Whether the New Seasons, McMenamins and Tasty & Sons of the world eventually expand to the outer east side remains to be seen; whether that kind of business development would lead to gentrification and displacement of local residents is also unclear. More certain is the incremental on-the-ground capacity building, which continues across East Portland. The Division-Midway Alliance, another East Portland prosperity initiative district, is planning a spring neighborhood fair and bike rodeo; according to Alliance co-chair Lori Boisen, the organization is also recruiting multilingual high school students to help engage business owners in cleaning up and improving their properties.
The owner of a coupon business targeting inner Southeast and Northeast residents, Boisen says her company is eager to move east. “But advertisers want to go where the money is,” she says. “Our goal is to make this a prosperous area for businesses.”
In Lents, longtime property owner Sam Farah had been using a storefront on Southeast 92nd Avenue as family storage — for the past eight years. But with the help of PDC grants to improve the sidewalk frontage and storefronts, Farah recently decided to upgrade the building. “We finally felt the need to do something with the property,” he says. One of the spaces was recently leased to Working Class Acupuncture, a business that used a $60,000 tenant improvement loan to complete its own build-out.
On 122nd, when White isn’t putting the finishing touches on South of Holgate, he’s championing a mixed-use project that would combine retail space, a community kitchen and veterans’ housing, a development he says requires PDC assistance. White also hopes a few of the rezoned properties — a large undeveloped lot off 126th and Powell, in particular — will attract a vertical manufacturing company like Bridgetown Natural Foods, which, in 2010, moved into a 65,000-square-foot facility on Foster Road east of I-205.
For White and many others, such projects can’t arrive soon enough. But if evolution is slow, a new chapter is definitely unfolding in Portland, a city at once lauded for revitalizing languishing neighborhoods and criticized for creating a pattern of homogeneity and dislocation. Improving the fortunes of East Portland is about more than uplifting neighborhoods on the margin. It’s about maintaining the health — and reputation — of the entire city, and testing the viability of a new, culturally diverse, community-based development model. The success or failure of that model could have ripple effects nationwide.
In the past decade, poverty has migrated away from the inner city to the suburbs, in Portland and around the country, says Nick Christensen, president of the Lents Neighborhood Association. “If we want to tell the world we are the best planned city, then we have to come up with the answer to East Portland and how to make it successful economically,” Christensen says. “It’s the great problem we are all trying to solve.”
Monday, April 27, 2015
BY LINDA BAKER
A longtime technologist and entrepreneur, Dwayne Johnson, 53, is managing partner of PDXO/GlobeThree Ventures, a strategy and business consultancy in Portland.
Friday, May 22, 2015
BY ANNIE ELLISON
Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.
Wednesday, May 27, 2015
BY LINDA BAKER | EDITOR
More than 250 people turned out today for Oregon Business magazine’s seventh annual celebration of the 100 Best Green Companies to Work For in Oregon.
Monday, April 27, 2015
BY JACOB PALMER
Live, Work, Play with Christine Jump.
Tuesday, May 26, 2015
BY JACOB PALMER
Live, Work, Play: CEO of Gorilla Capital.
Thursday, April 23, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The entrepreneurial spirit was alive and well at the Oregon Angel showcase, an annual event for angel investors and early stage entrepreneurs.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Oregon Business celebrated the 100 Best Green Workplaces with an awards luncheon yesterday at the Nines Hotel in downtown Portland.
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Sussman Shank LLP served as lead counsel for both the sale of 9 assisted living, memory care, and independent living campuses in Washington, Oregon, and California to a publicly-traded REIT, and the acquisition of 11 single-tenant net lease properties. This transaction was unique because it included both the sale of licensed senior housing facilities and a complicated 1031 tax deferred exchange transaction.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.