|| Print ||
|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, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Wednesday, August 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Tuesday, August 26, 2014
Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Tuesday, August 26, 2014
BY VIVIAN MCINERNY
Craft beer comes to Mount Angel.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Google tests drone deliveries|
|Abercrombie to remove logos from most clothing|
|FBI investigates JPMorgan 'cyber-attack'|
|GoPro launches camera dog harnesses|
|Snapchat now worth $10B|
|Tomatoes may lower prostate cancer risk|
|WHO: Ban e-cigarette use indoors|
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 William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.