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|Articles - July 2010|
|Thursday, June 24, 2010|
The reroute around the downtown was sorely needed. Trucks traveling through downtown’s main streets, Fifth and Sixth, left behind grimy dirt and residue, which did not make for pleasant shopping experiences. “Fifth looked like it was on its last leg,” says Bud Prince, the former director of Redmond Economic Development.
But business owners worried the reroute would decrease business by diverting traffic.
The reroute, which opened three years ago, has indeed diverted traffic. Daily counts taken by the Oregon Department of Transportation show that approximately 34,400 vehicles drove through downtown Redmond each day during August 2007. Now only 14,400 vehicles pass through downtown, according to DOT spokesman Peter Murphy.
But foot traffic is up and sales remain steady, if not getting slightly better. The only businesses to close because of the bypass have been two gas stations, says Heather Richards, Redmond’s community development director.
The bypass project also led to 250 construction jobs and funding for a much-needed makeover: new traffic signals and planter boxes, repaired sidewalks, and upgraded storefronts. Chris Doty, Redmond’s public works director, says bypass funding allowed Redmond to get additional money to repave Fifth and Sixth. The city is receiving $3.5 million in federal stimulus funds and $5 million in state funding for the construction.
Revitalizing downtown Redmond will have long-term consequences for business growth. “[It’s] is a strong signal… that there’s a future in Redmond,” Prince says.
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With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
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BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
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In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
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