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|Articles - April 2013|
|Monday, April 01, 2013|
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BY KARLA STARR
After shelling out for acreage, machinery, landscaping, labor costs, bottling and marketing, budding vintners would be lucky to start a standard winery in the Willamette Valley for anything less than several hundred thousand dollars.
But in Portland, another business model for wineries is sprouting that’s more like founding Facebook than starting a farm. “We have a standard startup story,” says Bob Switzer, co-owner of Seven Bridges Winery in North Portland. “We started in a garage.”
Call it a natural expansion of Oregon’s fertile wine regions and Portland’s rich microbrewery scene. Today Portland boasts at least 13 commercial wineries within city limits, most of which have opened in the past three years. With such low startup costs (a few thousand dollars of credit card debt seems the norm) and little need for physical space (an empty garage or basement will do), it’s almost surprising that the trend took so long to catch on in the foodie, DIY enclave of Portland.
Urban wineries function like any other winemaking venture, save for one factor: Rather than owning acreage and harvesting their own grapes, they rely on buying grapes from outside vineyards.
“It doesn’t mean that we won’t get screwed in a year if we don’t get all the grapes we want,” says Laurie Lewis, co-founder of Hip Chicks Do Wine in Southeast Portland, one of the oldest vintners in Portland. “But with the lower overhead, it’s a little easier to manage than a traditional winery.”
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Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.
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The false promise of economic impact statements.
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As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.
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While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.
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Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA
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Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.