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|Articles - June 2010|
|Thursday, May 27, 2010|
GRESHAM Like most cities around the state, Gresham has been hard hit by the commercial real estate crash. Its downtown core is dotted with vacant storefronts, left behind by businesses that failed or moved out of town. But unlike most cities, Gresham decided one way to bring business back to its downtown was to waive all development-related fees as well as first-year license fees.
“Businesses are having a hard time getting over the hurdle of not being able to borrow,” says local businessman Dwight Unti.
Unti is president of Tokola Properties, the developer of 3rd Central, a mixed-use property at NW Third Street and Miller Avenue. Unti also is co-owner of Lillian’s Natural Marketplace, the first business to take advantage of the fee holiday. The market will open in July in 3rd Central’s ground-floor retail space. Unti estimates the fee waivers saved him $20,000.
“Relief on the front end really matters,” says Unti. “In this economy it has been a demoralizing barrier when you add it to the lack of lending.” When the city reduced the front-end costs, “it was exactly what was needed to make the difference.”
Two other businesses — Bella Cupcake and non-commercial radio station KZME — also have taken advantage of the program and will open at 3rd Central this summer. City officials say an insurance company and an ice cream shop also are interested in the program, which runs through March 31, 2011. Community development director Eric Schmidt estimates about 30-40 businesses could benefit from the program, saving about $150,000 collectively in fees.
The city has long wanted a locally owned grocery downtown so residents don’t have to travel out of town to shop. Market operator and co-owner Lillian Negron says about 12 to 15 full- and part-time jobs will be created at the market. She sees fee relief as crucial to getting small businesses off the ground: “It’s an opportunity to bring your business back to Gresham.”
Tuesday, May 27, 2014
Oregon is known for its green-minded citizens, and many workers are attracted to firms and organizations that practice green, not just pay lip service to it.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, May 29, 2014
BY MIKE GREEN
An old profession is new again.
Thursday, May 29, 2014
BY SOPHIA BENNETT
Tillamook expands its tourism niche.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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