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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.”
Wednesday, August 27, 2014
Tom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.