Sponsored by Oregon Business

Lesson for Portland public market from Vancouver's failure

| Print |  Email
Archives - September 2007
Saturday, September 01, 2007

{safe_alt_text}

PORTLAND The indoor Vancouver Farmers Market at Esther Short Park closes at the end of this month, crushed by debt and a bad business plan.

Market master Robert Ray says foot traffic was weak, the building was uninviting and “we were doomed from the start” because the market started out in debt with an $180,000 loan. Along with a hefty rent payment, the overhead came crashing down. The outdoor market will remain open.

Ron Paul, director of the nonprofit Historic Portland Public Market Foundation, wants to avoid the same fate. He says it’s crucial for a Portland market to open debt free, and he wants the city to provide a suitable spot. He has his sights set on Union Station in northwest Portland, but it will cost more than $30 million to upgrade the station, plus at least $6 million to make upgrades to accommodate a market, which Paul hopes to raise privately. Paul, who has tried for seven years to open a public market, hopes to have an answer on Union Station this fall. 


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

VIDEO: The 2015 100 Best Companies to Work For in Oregon

The Latest
Friday, February 27, 2015

videothumbVIDEO: 2015 100 Best Companies to work for in Oregon


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...

10 Twitter highlights from #OR100Best

The Latest
Friday, February 27, 2015
100bestBY OB STAFF

Oregon Business held its  22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.


Read more...

4 highlights of the MLS labor deal

The Latest
Wednesday, March 04, 2015
timbersthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

On Wednesday night, a couple days ahead of the 2015 season kickoff, Major League Soccer and the Players Union reached an agreement.


Read more...

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


Read more...

Bike Chic: 7 stylish options for cyclists

April 2015
Thursday, March 26, 2015

Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS