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|Thursday, April 12, 2012|
BY LINDA BAKER
I flew into Pendleton this week (SeaPort Airlines, free Voodoo donuts), where a few city and Chamber of Commerce staffers gave me the lay of the land.
Lack of affordable housing is a major constraint to growth, Corbett says. Before the recession, the city’s housing stock revolved around high end second homes or very low rent housing. To help attract new industry, the city is now in urgent need of mid range workforce housing, says Corbett, noting that the topology of the region--steep hills and valleys-- makes construction challenging, as does a tight lending environment. The city is currently trying to pull together public and private financing to build such housing on a parcel of publicly-owned land designated as high density residential.
The new $45 million upgrade of the Umatilla tribes' Wildhorse Resort and Casino has also "positively impacted our community," says Corbett. Another bright spot is downtown Pendleton, which has maintained its vibrancy and historic character in part because of an urban renewal zone that has allowed local business owners to invest in storefront improvements and other landscaping and design features.
The urban core also benefits from the presence of Hamley’s food and craft empire, featuring world-renowned saddle and leather craftsmanship--and perhaps an equally renowned steakhouse. Despite the 21 vacant storefronts, downtown feels dense and lively, and I bore witness to MacKenzie’s claim that there are often more cars parked downtown after 5 p.m. than during the day.
Like many rural Oregon communities, Pendleton suffers from a shrinking population and limited employment opportunities. But the city is also better positioned than most to flourish in the 21st century. “We have a long history and tradition in the community; it’s very safe and is ranked one of the country's best places to raise a family," says Corbett. "We just need to figure out how to make that happen for more of them.”
Linda Baker is managing editor of Oregon Business.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, July 31, 2014
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.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Wednesday, August 06, 2014
BY LINDA BAKER | OB EDITOR
Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
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.
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.
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