PORTLAND-The best case scenario is that we see a recovery beginning in Oregon toward the end of next year, according to Bruce Wood, senior director for real estate development for Opus Northwest.
PORTLAND-The city's land use hearings officer approves the development plan for 18 waterfront acres owned by Homer Williams and Oregon Health Science University in the middle of North Macadam, which encompasses 140 acres along the Willamette River, south of the Marquam Bridge.
LONGVIEW, WA-Continental Energy Services LLC, of Butte, Mont. pays Enron an undisclosed sum for the rights to develop a 290-megawatt power plant at the Port of Longview, but says it won't move ahead until it secures a user, such as the Longview Aluminum plant.
PORTLAND, OR-In a recent survey conducted by Pensions & Investments magazine, the money management firm has been named one of the Top 50 real estate managers in the U.S. as ranked by tax-exempt assets under management.
PORTLAND-PCRI, owner and operator of the Stanford's and Newport Bay chains as well as Portland Steak & Chophouse and Portland City Grill, will open a 10,000-sf, new-concept eatery where Gordon Biersch Brewery had planned to locate in the historic Blitz-Weinhard Brewhouse.
VANCOUVER, WA-A city consultant's report, released this week, confirms that the City of Vancouver's planned Downtown convention center will lose hundreds of thousands of dollars each year. The good news is the money is already lined up to cover the losses.
COBURG, OR-The publicly traded manufacturer of recreational vehicles purchases from Outdoor Resorts of America three luxury motorcoach resort properties under development in Las Vegas, Indio, Calif., and Naples, Fla. Monaco was a lender on the projects.
PORTLAND-A survey by local hospitality specialist The Dundon Co. finds that occupancy rates and quoted corporate room rates rose in 2002. Combined with a lack of development, the situation is prompting optimism after a two-year downward trend.
SEATTLE-The Port of Seattle is now seeking building permits for the $16.5-million, 90,000-sf passenger building at Terminal 30, which will be able to handle larger ships than currently call at Pier 66.
PORTLAND-Springfield, Mo.-based John Q. Hammons Hotels ceremoniously reopens the 286-room Holiday Inn Portland Airport Hotel following a $2-million renovation of the lobby, atrium and half the guest rooms. The same public company owns the nearby Airport Embassy Suites.