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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
Thursday, March 19, 2015
BY APRIL STREETER
How the private sector can ride the next transit revolution.
Thursday, March 26, 2015
BY KIM MOORE
A conversation with Craig Wanichek, president and CEO of Summit Bank.
Friday, March 06, 2015
BY JEFF DELKIN | OP-ED CONTRIBUTOR
As a local business owner, I believe it’s important to build our economy on a platform of conservation values.
Thursday, April 09, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.
Thursday, March 26, 2015
BY LINDA BAKER
Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.
Friday, March 13, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Ten startups have secured venture capital, angel or seed funding in 2015.
Friday, March 27, 2015
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New events series brings magazine to life.
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Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.