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|Archives - April 2008|
|Tuesday, April 01, 2008|
Faced with aging buildings and growing needs, schools struggle to find suitable new locations, and discover the necessity of partnerships with business and the community.
By J. David Santen Jr.
One view of Portland’s Lincoln High School can be found in a recent seven-page assessment of its 1950s-era facilities.
The consultant’s report ticks off an estimated $23.5 million in needed repairs and upgrades — a fraction of the more than $1 billion in costs districtwide — that include replacing the athletic field bleachers (closed midway through last fall’s football season) and the school’s roof, along with fixing significant plumbing and electrical problems and accessibility issues. Not to mention the “modular classrooms” eyesore necessary to accommodate the school’s 1,400-plus students.
As demand for land intensifies, with supply constrained by state land-use laws and urban growth boundaries, school districts find themselves even more limited in where they can place new schools. Most districts build where everyone else is building: in town and in the ’burbs. Traditional standards for schools call for flat parcels of 10 acres for new elementary sites, 20 acres for middle schools and 30 acres for high schools — plus an additional acre per 100 students. In growing urban areas, those large sites can be few and far between.
So schools have become motivated to reconsider what they already own: building a new middle school on an “oversized” elementary school site, for example, or replacing smaller schools with larger (and taller) ones at the same location. The land that school districts are purchasing today may still be flat, but more than likely the parcels are smaller and awkward configurations, acquired and developed in conjunction with multiple partners, such as parks and cities, or condemned from private owners. Or it’s property that the district has managed to stockpile through long-range planning. However they come about it, property is at a premium.
A separate but equal challenge is explaining to neighbors why the district might close older schools and sell land it already owns. Even in the face of declining enrollments, it’s an easier decision financially than socially and emotionally. Schools are de facto recreation centers and parks, meeting places and historic sites. Their zoning is often conditionally approved for school-use only in otherwise residential areas, and rezoning for a new development can be fraught with community input and politics.
To top it off, the school boards and superintendents facing these decisions to buy and sell land, to build or shutter schools, rarely come from a real estate background — particularly the superintendents. So schools, driven by the challenge of managing real estate, have developed new partnerships with cities, counties, parks and libraries, developers and community organizations.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, June 26, 2014
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Taxis Uber Alles?|
|Powerlist: Staffing Firms|
|Zillow to acquire Trulia for $3.5B|
|Dollar Tree to buy Family Dollar|
|Facebook revenue surges 61%|
|Walmart unexpectedly fires CEO|
|GM profit declines 80%|
|Study: Dogs can feel jealousy|
|Boeing profit surges 52%|
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 Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.