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|Archives - December 2009|
|Sunday, November 22, 2009|
With Allen's development rights due to expire in November 2010, the Blazers have launched a campaign to redevelop the quarter into "JumpTown," a vibrant and super-green entertainment center. They've hired local architect Rick Potestio and partnered with Nike and the Baltimore-based Cordish Companies to draw up plans involving restaurants, brew pubs, public art, music clubs, a 250-room hotel and an "interactive center" telling the story of how Nike grew from an idea into a $20 billion sports empire. That would be phase one. Phase two would involve waterfront offices and housing — once the real estate markets rebound.
"We're hoping this will be a catalytic project," says J.E. Isaac, senior vice president of business affairs for the Blazers. "If it's done right, it will stimulate a lot of development."
But it won't get done for free. The plan will require a "substantial public investment," Isaac says.
At the center of the property lies the Memorial Coliseum, which is owned by the City of Portland. Mayor Sam Adams has assembled a 32-member stakeholder committee to consider how best to modernize the coliseum, which draws about 450,000 visitors per year but needs upgrading. Early recommendations for the building range from an indoor Pike Place-style public market to a tribal casino with a hotel. Expect a lengthy public process.
Isaac says the Blazers intend to "lead by listening." But there is little doubt who has the inside track in this race. Blazers president Larry Miller, who worked with Nike for 10 years before joining the franchise, says one of his first conversations with Allen focused on redevelopment strategies. Miller's Nike connections helped boost plans for the Nike building, and Miller also initiated the relationship with Cordish, a huge company that has led similar redevelopments in Kansas City, Houston and Louisville.
It remains to be seen how eagerly Portlanders will embrace an out-of-state developer. But a local option may not exist. The recession has been hard on Oregon's big-picture visionaries, several of whom are still struggling to stem the bleeding on the South Waterfront project. Asked what Cordish offers that local firms lack, Isaac gets straight to the point: "Expertise — and money."
Thursday, September 25, 2014
BY KIM MOORE
A conversation with leading partners at law firms in Portland and eastern Oregon, followed by October's powerlist.
Monday, September 29, 2014
BY LINDA BAKER | OB EDITOR
Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.
Thursday, September 25, 2014
BY JESSICA RIDGWAY
I'm not very interesting,” says a modest Ray Di Carlo, CEO and executive producer of Bent Image Labs, an animation and visual effects studio.
Tuesday, August 26, 2014
BY JESSICA RIDGWAY
September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.
Wednesday, August 27, 2014
BY LEE VAN DER VOO
By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Tuesday, August 19, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."
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|U.S. private payrolls increase|
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|Johnson & Johnson to acquire Alios BioPharma|
|JAB Holding to buy Einstein Noah|
|DreamWorks Animation may have a Japanese suitor|
|Yahoo, AOL propose merger|
|Cadillac brand to rename its vehicles|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
Bank of America partners with nonprofits to create opportunities for women and drive economic growth.
How one Portland startup tracks devices around the world, making the Internet a safer place for businesses and consumers.
First Call Resolution targets employee well-being and client satisfaction.
The Oregon Entrepreneurs Network (OEN) is pleased to announce 12 finalists—from a record number of 67 nominees—for the 2014 OEN Tom Holce Entrepreneurship Awards
The Oregon Entrepreneurs Network (OEN) is pleased to announce three finalists for the inaugural OEN Game Changer Award.