|| Print ||
|Wednesday, February 23, 2011|
By Corey Paul
Portland's urban renewal agency celebrated a changing of the guard at its meeting on Wednesday, officially appointing Patrick Quinton as its new executive director while bidding thanks and farewell to the retiring leader he replaces, Bruce Warner.
Addressing the board, Quinton mentioned some of his priorities: Find a way to augment the declining tax increment financing money, narrow the widening gap between the rich and poor, tighten urban renewal areas for frugality and focus, and create jobs.
"Out of the worst recession in our lifetime emerged the City's first strategic economic plan and an opportunity for growth," Quinton said, wearing a "Jobs" pin on his lapel.
Quinton faces difficult challenges. The Portland Development Commission's budget isn't what it used to be, with expiring urban renewal districts and declining revenue. About 20 employes will be laid off next month, the agency is negotiating a new contract with the union, and there's still the lengthy and convoluted projects that PDC is developing, such as Burnside Bridgehead and Centennial Mills.
All those factors contributed to PDC's desire for a smooth transition and its choice to promote an internal employee to director. Quinton formerly managed PDC's business and industry division. Besides the benefit of his familiarity and shared vision with PDC, hiring Quinton offered the added benefit of avoiding an expensive and time-consuming national search, said Board Chairman Scott Andrews.
Since PDC hired Quinton in 2008 to manage the South Waterfront's North Macadam Urban Renewal, he helped create the Portland Seed Fund and recruited ReVolt Technology and Vestas Americas headquarters. When in 2009 Quinton was promoted to head the business and industry division, he began implementing the agency's economic development strategy and cluster concepts.
Quinton, 45, is notably younger than Warner, 61. He also spent 16 years before coming to PDC working in the private sector at Textron Financial and ShoreBank Corp. in Chicago, compared to Warner's decades of experience in public administration.
Warner has been widely credited for restoring the commission's reputation and improving transparency and accountability.
"Bruce came on at a really difficult time because the PDC was square in the center of public focus and not necessarily for the right reasons," said Commissioner Charles Wilhoite.
Questions from City Hall and the community swirled around PDC about oversight and spending. Warner proved a stabilizing force as City Hall assumed oversight of PDC in 2007.
Warner announced his retirement in early December, but agreed to stay on during the search for his replacement and the drafting of a new budget. Commissioners praised that decision as sign of his leadership.
"We're going to miss Bruce," said Commission Secretary John Mohlis. "But I think we're in a good position to carry on in a good fashion."
Corey Paul is an associate writer for Oregon Business.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Monday, July 13, 2015
BY CHRIS NOBLE
Whether you're stepping out to work or onto the track, Pacific Northwest shoe companies have you covered.
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
Tuesday, July 28, 2015
BY JASON NORRIS
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Friday, August 14, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA
Can the brave new world of neurotechnology help an OHSU surgeon find a cure for obesity?
|Child care challenge|
|Is there life beyond Reed?|
|Hackers access more than 225k Apple accounts|
|Companies offer wearables for your dog|
|Umatilla targets homeless camps|
|Obama has votes for Iran deal|
|A Bouquet of Beer in Bend|
|Obama aims to restore rights for workers|
|Apple's next new product event: Sept. 9|
For good or ill, gay marriage inspires many people. They have strong feelings about it. Sometimes those strong feelings are grounded in religion and sometimes they are not. When the workplace is added to the mix, emotions tend to run high. After giving an overview of two current situations, The Bullard Edge is going to outline three key points for consideration and clarity.
Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
Attendance, breakfast buffet, materials, certificate of attendance and parking are all complimentary on behalf of the firm.
New regulations are in effect and more updates are on the horizon, are you prepared?
The Oregon Entrepreneurs Network (OEN) is pleased to announce 16 finalists — from over 60 nominees — for the 2015 OEN Tom Holce Entrepreneurship Awards.