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Condos are suddenly worth the risk as the apartment market cools
For years, an old law has kept condo developers away. Now, the hot market has builders rushing back.
Worksystems and regional partners address the need for diversity in construction workforce
As the ongoing economic recovery has led to business growth and infrastructure investments, the construction sector has boomed, making it a high-growth industry in the Portland Metro Area. However, the career opportunities generated by this growth are not equitably accessible to everyone in the community. Construction has historically been a male-dominated and racially homogenous industry, and this continues to be the case. At the same time, construction businesses report a severe shortage in skilled…
Building Oregon’s workforce pipeline: Meeting the region’s talent needs in construction
The cranes continue to take prominence in Portland’s landscape as the city is witnessing unprecedented growth from regional infrastructure investments. Construction is Oregon’s fastest-growing sector, expanding by nearly 10 percent in the last year, according to the Oregon Bureau of Labor and Industries (BOLI). Like the rest of the nation, the demand for skilled labor is at a critical juncture in Oregon. In the Portland metro area, this demand is increasing, as demonstrated by the 2018 labor market…
Why a community-partner approach to diversifying construction trades benefits the community
The construction sector in the Portland Metro region continues to boom – and in a variety of ways. Metro and the city of Portland jointly commissioned a study in 2017 to research the construction field, a high-growth industry due to business and infrastructure developments tied to the economic recovery. According to the study, the number of construction-related jobs in the Portland Metro region is predicted to climb through 2026, with nearly 9,000 new jobs becoming available. Many more skilled…
Prop 10’s rent controls are a California disaster with national implications, opponents say
The proposition’s opponents say it would prompt landlords and investors to abandon the rental market, existing units would deteriorate and, in the end, there would be fewer apartments.
Another Chinese automaker opens U.S. HQ in Silicon Valley
The company joins Nio — which is set to do a U.S. IPO next Wednesday — Byton and SF Motors in opening Valley headquarters.
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