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|Articles - January 2011|
|Thursday, December 16, 2010|
Jon Kellogg, a 22-year veteran of the commercial real estate industry, says he caught a lot of flak when he first began considering bringing mixed-use development to North Williams Avenue.
“People thought we were crazy for looking at this area,” he says.
But Kellogg liked what he saw: a dense neighborhood a mile and a half from downtown, affordable buildings ripe for adaptive reuse and all the financial benefits that come with an “urban renewal area” designation.
And then there were the bicyclists. “We’d sit there and watch them ride by,” says Kellogg. “It was a constant stream.”
It used to be that practically nobody rode bicycles through this neighborhood. The latest counts find 2,700 bike trips per day. Kellogg decided to make bikes a central part of his redevelopment strategy.
After six and a half years of work, Kellogg and partner Thad Fisco of Portland-based Commercial Realty Advisors have transformed the neighborhood. Twenty tenants populate their 30,000-square-foot HUB building, offering everything from holistic veterinary care to a chocolate potato doughnut with crème anglaise. Their building down the street at 3961 North Williams houses the United Bicycle Institute, where hundreds of students learn mechanics and frame building each year. The storefront has large windows showing employees of Queen Bee Creations working the sewing machines. Among the businesses coming soon are the Hopworks Urban Brewery, a salumeria (Italian for salami shop) called Chop and a bike wheel shop called Epic Wheel Works.
There’s a name for this: bicycle-oriented development. Bikes sell well in Portland, and they also offer practical advantages. As Kellogg and Fisco learned on North Williams, it’s a lot easier to install 127 bicycle parking spaces than to build a parking lot.
It brings in new customers, too. When Valentine’s Day came, Pam Zsori’s Ink & Peat home and floral shop was flooded with biker boys trying to cram organic bouquets into their messenger bags.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
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Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.