|| Print ||
|Articles - November 2010|
|Thursday, October 21, 2010|
City efforts to reduce barriers to construction along with some substantial loans to downtown projects have helped boost Eugene’s economy.
“The prices are right,” says city manager Jon Ruiz. “Construction costs are down 20% or more compared to a few years ago.” The city is trying to also streamline the permitting process. “[Obtaining permits is] taking three hours rather than three or four weeks,” Ruiz says. The city will also do same-day inspections or Saturday inspections.
One major project under way is a 50,000-square-foot upscale hotel at the Fifth Street Public Market. The 69-room, $11 million project is being developed by market owner Brian Obie and has received $600,000 in loans from the city. Planning on the project began several years ago and was delayed because private investors and banks pulled back lending during the recession, but “there are signs of improvement in Eugene’s economy,” Obie says. Eugene’s August unemployment rate was 10.7%, down from 12.1% in 2009. The occupancy rate of the Fifth Street Public Market was around 93% through the recession, but when the hotel is completed next summer the vacant retail spots are expected to fill again.
“I think Eugene has a huge amount of potential,” says Brad Malsin, president of Portland-based Beam Development. His company purchased two buildings in downtown Eugene: the Center Court and Washburne buildings, which total 100,000 square feet. He also has bought an empty lot near the Center Court building where he plans to construct a new building that will be between 60,000 and 100,000 square feet. All three buildings will contain office and retail space and are expected to be completed within 15 months. The city helped Beam acquire one of the buildings with almost $10 million in loans. The city also helped fund Lane Community College’s downtown campus with $8 million in loans.
It’s all part of Eugene’s development strategy, which focuses on building “the social and physical infrastructure,” Ruiz says. The city is trying to anticipate economic changes and adjust to meet the needs of the community.
“We’re excited about what is going on,” he says.
Friday, March 06, 2015
BY JEFF DELKIN | OP-ED CONTRIBUTOR
As a local business owner, I believe it’s important to build our economy on a platform of conservation values.
Monday, February 23, 2015
Yeah, we know: Oregonians are way too cool for umbrellas. But today’s stylish, high-tech models will soften the resistance of the most rain hardened.
Friday, March 27, 2015
BY AMY MILSHTEIN
Damian Smith bets on changing himself — and Portland — through consulting.
Thursday, March 26, 2015
BY LINDA BAKER
Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
Thursday, March 26, 2015
Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR
Live, Work, Play: Catching up with Chris Johnson.
|Get on the bus!|
|Bike Chic: 7 stylish options for cyclists|
|Emperor of the Sea|
|Epitaph for a Boondoggle|
|Downtime with the executive director of Greater Portland Inc.|
|Swiss bankers guilty of tax fraud avoid jail|
|US grants Texan rhino hunter permit to bring back trophy|
|Norwegian Air tweaks cockpit rules after Germanwings crash|
|Federal Consumer Agency addresses payday loans|
|Slave-caught seafood sold in America|
|Heinz, Kraft merge|
|West Coast lawmakers want earthquake warning funding|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.
The Commission helps to advance the professionalism, equality and efficiency of Oregon's judicial branch of government.