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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.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Friday, July 10, 2015
BY GREGG MORRIS
Rita Hansen aims to scale natural gas vehicle innovation.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Wednesday, August 19, 2015
BY GINA BINOLE
Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
Wednesday, August 19, 2015
BY AMY MILSHTEIN
Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
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Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.