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|Articles - September 2010|
|Friday, August 20, 2010|
The ultimate resurrection of the historic Granada Theater, built in 1929 as the first place to see a talkie west of the Mississippi, has been wobbly for many years.
Three years ago, it looked like it had just the right developer in True North Productions, a Columbia Gorge tour firm. True North had planned to put up to $2 million into the theater and tie the venue in with its tour groups. But the company, which leased the property from Boring businessman Elden Snoozy, closed shop last winter after operator Cecil F. Smith said he couldn’t make the lease payments. The state Department of Consumer and Business Services, Division of Finance and Corporate Securities, says it has two open and ongoing investigations of Smith.
So after years of trying to find the right buyer for the theater, the city has bought the theater for $387,000 in a negotiated deal with a developer. Snoozy had owned the property for 10 years.
The city won’t disclose the developer or the plans because it’s not final, but city manager Nolan Young says the intent is to get the theater into the hands of individuals who can carry out a development. “We would like the theater to continue to operate as a theater,” he says. “Beyond that, we are open to anything that will increase overall commerce and traffic downtown.”
The Granada is considered a key building in the redevelopment of The Dalles historic downtown. The theater, at Federal and Second streets, is part of a downtown block that has a higher-than-average vacancy rate and badly deteriorating structures. Young says the city is negotiating for other properties in that block as part of a larger effort to revitalize the downtown.
“This block is significant because it is located in the center of downtown commercial activity and adjacent to the Washington Street underpass and within walking distance of the future marine terminal and festival area,” Young says. He says they hope to complete negotiations in the next month.
Thursday, December 04, 2014
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Nothing says startup culture like a ping pong table in the office, lounge or lobby.
Thursday, November 20, 2014
BY JASON NORRIS | OB CONTRIBUTOR
Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).
Friday, November 14, 2014
BY JESSICA RIDGWAY
Oregon entrepreneurs reveal their favorite caffeine hangouts.
Thursday, December 11, 2014
BY APRIL STREETER
Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:
The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace.
Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.
This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay.
Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.
New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”
That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!
Tuesday, December 02, 2014
BY LINDA BAKER
A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
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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.
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Through its support of the arts, the Cultural Trust is strengthening the business community.
Heed the morals of these seminal holiday stories in your everyday life.
Amy will practice in the firm's Business, Real Estate, and Tax practice groups.
While the Bend City Council ultimately upheld the approval which enables OSU-Cascades to move forward with the 10 acre site, it did also thoughtfully consider the nature of its code requirements, resident concerns and OSU-Cascade’s efforts and suggestions and crafted conditions of approval to address potential impacts of the site in the area.