Portland, Oregon

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Portland, Oregon.
An Energized Downtownand Connected
RegionalUrban Centers
Presented by the Regional Economic Development
PartnersPortland Metropolitan Area, March 2003
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The Hub and Spokes Unique Model Planned growth
and support for business

• Portlands Central City Hub servesthe region
• Vibrant regional centers are tied tohub by
  renowned public transit system
• Opportunities for a range of livingand business
  options in a beautiful environment
• Creating true quality of life

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Our Portland Region

• 27th largest metro area in the U.S.
• Over 1.9 million residents
• Major port for commerce and trade
• Excellent west coast location

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Urban Living atIts Very Best

• Exceptionalworkforcetalent due toquality of
  life
• Full range ofhousing choices
• In terms of commute options, We like what we see
  here. To put it plainly, Portland works. This
  city gets it.
• Liz Stutts, PresidentAssociation for Commuter
  Transportation

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Our Downtown has a Great Business Climate!

• Best availability of services, suppliers,vendors
  ? business and personal
• Solid retail mix downtown and shopping centers
• An active and supportive business climate

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Downtown Portland Where your business
can grow and thrive...

• 16 million sq ft of office space in373 block
  central business district
• 5,000 business-friendly hotel rooms
• More independent restaurantsper capita than any
  other U.S. city
• Best city in the U.S. ? econom-ically vibrant,
  placing a premiumon greenspace, culture, and
  anaccessible city center.
  ? Money Magazine
• Fareless Square, serving 220 city blocks in the
  CBD, plus 140 milesof bike lanes, river views,
  bridges parks

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Most Affordable Space West Coasts lowest cost
office and industrial space

• A wide variety of space with character
• Vital downtown office clusters on west and east
  banks
• Strong transit connections serve to bridge the
  river

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Unique Portland Developments Projects that
showcase business

• Cascade Station PortlandInternational Center
• Brewery Blocks (5-block,historic,
  transit-oriented project)
• One Waterfront Place

Above right Henry Weinhard original brewery
site. Left Part of the completed project with
public art.
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Unique Portland Developments Projects that
showcase business

• Eastbank Esplanade
• Ready-to-build headquarters sites on eastbank,
  with views of Downtown
• 12?26 per sq ftfor Class A Bleases in
  Portlandmetro area
• Lowest lease rateson the west coast

Above Pearl District housing. Left Eastbank
Esplanades floating walkway and view of downtown
from park bench.
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Labor Force Our workforce is extraordinary

• Over 1 million productiveworkers
• 30 services, 15 manufac-turing, 25 trade
• Over 800 creative servicesfirms and 15,000
  creative professionals
• Highly educated workforce
• Ranked 1 or 2 in SAT scoresfor past 10 years

Above Freightliner truck assembly line.
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Labor Force The image may be in timber, but
the jobs are in electronics.
? New York Times, Nov 2002

• Biggest source ofeconomic growthis
  electronicsmanufacturing
• Almost 1,700high-technologyfirms employingover
  66,000
• Intel, the states largest manufacturer, employs
  15,000

Oregons economy is well diversified, having
moved away from the wood products industry in the
early 80s.
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Transportation Connections

• Urban centers connectedat transit
  crossroadslight rail, bus, regionalinterstate
  highways,bicycles walking trails
• Average commute time is 20.7 minutes
• Tri-Met serves over 600 sq. miles of the Portland
  areawith 200,000 riders each weekday
• Access to interstate highways (major N-S E-W
  highways), rail, port and international airport
• Distribution and logistics excellence

Above MAX Station at Portland International
Airport.
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Air, Cargo, Marine

• Asian andEuropeancarriers(Lufthansa, China
  Cargo)
• J.D. Powers ranks Portland airport among top 10
  in North America
• Comprehensive transportation complex
• Foreign Trade Zone

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Nightlife, Culture, The Great Outdoors

• Cultural district
• Pedestrian and bicycle friendly

• Recreational amenities nearby rivers, mountains,
  Oregon coast
• Hiking, rafting, year-round skiing

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Youll Love Living Here

• A vibrant downtowncore, with thousands of middle
  and upper- income residents living downtown
• No. 1 city inNational HealthReport
• 15 minute drive to Oregons winecountry

Above Pioneer Courthouse Square in the heart of
downtown Portland. Left Downtown living.
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Business Environment We support businesses so
theyll grow prosper...

• Portland metro area leads the nation in percent
  of women-owned firms
• Portland ranked among top logistics-friendly
  cities in America
• Oregon is ranked 11 nationally in the 2002 State
  New Economy Index
• Local cities and counties work together to solve
  your business challenges

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Knowledge Networks Portland a leader in
technology and connectivity

• Strengths of universities OHSU/OGI, PSU
• Business networks strong business associations
  as your advocates
• Energy reliability zones in key locations
• Portland ranked 1 of the top most-wired
  citiesin the U.S Nielsen-NetRatings.com
• Intels 1 site worldwide for new patents

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Connected RegionalUrban Centers Communities
working together for economic prosperity

• Beaverton
• Clackamas
• Gresham
• Hillsboro
• Tualatin

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Beaverton Excellent transit-oriented
development opportunities

• Area is home to business giants Nike, Columbia
  Sportswear, Tektronix, Electro Scientific
  Industries
• Sunset Corridor west of Portland with well-rated
  schools, diverse housing, retail centers
• Strong mix of new economy, software cluster and
  professional service businesses

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BeavertonOpportunity Sites

• Beaverton Round
• Only Class A office spacealong westside light
  rail
• Major mixed use projectin downtown Beaverton
• Offices, condominiums, shops, restaurants, health
  club
• Project bisected by light rail just 20 minutes
  west of downtown Portland

The Round, under construction beginning December
2002.
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Clackamas Excellent transit-oriented
development opportunities

• Home to Xerox, Mentor Graphics, Precision
  Castparts Corp, In Focus
• Cluster of metal fabricators, machine
  distribution, computer hardware and software
• 1000 acres of developable land will soon be added
  to East Metro Urban Growth Boundary
• Will be linked by light rail to Portland

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Clackamas An Expanding Urban Area
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Clackamas opportunities Distribution and
warehouse
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Gresham Excellent transit-oriented
development opportunities

• Home to LSI Logic,Microchip Technologies
• Clusters of high tech/ semi, metal fabricators,
  robotics, food beverage processing
• Neighborhoods that emphasize higher densities,
  livability and mixed-use

Above Transit oriented development along light
rail line in Gresham.
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GreshamOpportunity Sites Greshams Civic
Neighborhood

• 130-acre urban district in the heart of Gresham
• Home to Gresham City Hall and Civic Center
• Linked by MAX light rail to Downtown Portland and
  Hillsboro to the west
• Anchored by Gresham Station
• QFC, Borders Books Music, Gap and GapKids,Ann
  Taylor Loft, Cost Plus, Starbucks, Red Robin and
  more national shops

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Hillsboro

• Home of business power houses Intel, Lattice
  Semiconductor, IDT, Triquint, FEI
• Fastest growing economic region in Oregon
• Linked by MAX rail to Portland and Gresham
• The image may be in timber, but the jobs arein
  electronics
• 1,700 high tech companies in metro area
  accounting for 36 percent of factory jobsthree
  times as many as the wood and paper industries
  combined.1

1 Source The New York Times, Nov 5, 2002.
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Intels Ronler Acres Campusin Hillsboro
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HillsboroOpportunity Sites Hillsboros
Award-Winning Orenco Station
Neighborhood
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Tualatin Tree City with a vibrant downtown,
greenways, river and business parks

• Largest EmployersLegacy Meridian Park Hospital,
  UPS, GE Interlogix, Novellus Systems, JAE, Hunt
  Air
• Clusters of high tech (hardware software),
  metals
• Easy access to airport (25 miles) 12 miles from
  Portland
• Direct access to I-5, I-205 and Highway 99W
• Commuter RailConnection to west side Light Rail,
  station planned for Tualatin
• 25 Business Parks of various sizes product

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TualatinOpportunity Sites Focus on the
Center

• Mixed-Use DowntownOffice, Retail, Residential
  and Recreation Opportunities

• Home to several software companiesEpicore,
  Autodesk, Digimarc, Swiftview, Instantiations

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Advantages What sets us apart...

• Labor force educated, committed, available
• Cost structure low land and power costs, less
  traffic congestion
• Business environment no taxes for sales, gross
  receipts, occupations and inventory
• Proximity San Francisco, San Jose, Seattle and
  Los Angeles within 1 ? 2 hr. flights
• Commitment public assistance to site facilities,
  finance and expedite process

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Building on Our Strengths

• We are seeking.
• Headquarters or regional locations
• Software and technology
• Finance, Insurance, Real Estate (FIRE)
• Professional services creative, environmental
  consulting and sustainable industries
• JOBS!

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Help from Our Team Helping you to make the
best business decision

• The Portland region is focused on YOU
• Cities and counties form a regional team
• We show you what you want. where you want
  it
• Teams focus is on meeting your needs

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You are invited to visit thePortland Region to
explore these opportunities.
Economic Development Department 1900 SW 4th Ave.,
Suite 7000, Portland, OR 97201 503-823-3342 or
email boussil_at_pdc.us www.pdc.us