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|Articles - February 2014|
|Tuesday, January 21, 2014|
A number of years ago, The Oregonian published a captivating photo of a group of businessmen eating lunch while peering, mesmerized, into the massive crater that was the beginnings of the Park Avenue West Tower downtown. It was an image straight out of Mike Mulligan and His Steam Shovel, the classic children’s story about a man and the steam shovel — Mary Anne — he refused to abandon, even though competition from gas and diesel shovels was ruining him.
Determined to show off Mary Anne’s prowess, Mike digs the foundation for the town hall of Popperville while its residents gather en masse around the deepening hole to cheer him on.
The design and building of a city is one of humankind’s greatest achievements. When building stalls, the whole city suffers — from job losses and sluggish economic growth, along with lack of dynamism and morale.
Five years after the crash knocked most residential and commercial projects off their foundations, building is back. That building is the theme of our February real estate issue: the Portland neighborhoods that are being transformed by the apartment boom; the reset of the Park Avenue West Tower, located around the corner from the Oregon Business office; and myriad projects in Bend and Ashland.
So much building is taking place, and so fast, that many Oregonians are already sounding a cautionary note about another housing bubble, along with social and traffic impacts of too much growth.
Not to belabor the comparison — I’m not a firm believer in the All I Really Need to Know I Learned in Kindergarten school of business — but those concerns are also resonant of Mike Mulligan, a story about the old being replaced by the new and the nostalgia we often feel for old ways of doing things.
Hint: Mike deals with the problem by converting Mary Anne into a furnace, something like our current practice of using waste heat to power buildings.
When times are bad, people worry about not enough growth; when times are good, we worry about the adverse effects of growth. Such is the fickle nature of, well, human nature — and the business cycles that swing from one end of the spectrum to the other.
Today the real estate cycle is on the move. For those who want cheap entertainment, there is no shortage of holes in the ground (with modern-day steam shovels) to peer into. So bring your lunch and watch the city grow.
— Linda Baker
Tuesday, July 28, 2015
BY JASON NORRIS
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Wednesday, August 19, 2015
BY LINDA WESTON
In 1996, after a 17-year career in the destination marketing industry, where I gained national standing as the CEO of the Convention & Visitors Association of Lane County, I was recruited by the founders of a new professional basketball league for women. The American Basketball League (ABL) hoped to leverage the success of the 1996 USA women’s national team at the Atlanta Olympics — much like USA Soccer is now leveraging the U.S. Women’s National Team’s victory in the World Cup. The ABL wanted a team in Portland, and they wanted me to be its general manager.
Thursday, August 06, 2015
Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.
Monday, July 13, 2015
BY KIM MOORE
A conversation with Greg Lambert, president of Mid Oregon Personnel Services.
Friday, July 10, 2015
BY JACOB PALMER
Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Wednesday, August 19, 2015
BY JACOB PALMER
A Power Lunch at Bob's Red Mill Whole Grain Store and Restaurant.
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Transforming the culture of Oregon’s educational leadership.
Attendance, breakfast buffet, materials, certificate of attendance and parking are all complimentary on behalf of the firm.
New regulations are in effect and more updates are on the horizon, are you prepared?
The Oregon Entrepreneurs Network (OEN) is pleased to announce 16 finalists — from over 60 nominees — for the 2015 OEN Tom Holce Entrepreneurship Awards.