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Page 1: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

December 9th, 2005

Annual MeetingState of the Corridor

Steve MasonCCA President 2005

Disclaimer: this data considered an indicator only. Users are strongly cautioned to seek expert guidance before basing important decisions this information.

Page 2: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

Columbia Corridor Real Estate Market

3 Indicators

Vacancy Rates Rose in 2004, now moving lower

Absorption Rates Rising

Rental Rates Rising to $.377/sf

A relative strong market compared to 2004

Tri county

Corridor

Source: Capacity Commercial Group, 4/2005

Page 3: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

Columbia Corridor2004 Employment Statistics

Payroll increased 3.4% to $2.29 Billion Businesses decreased 1.1% to 2,419 Average wages increased 3% to $37,394

Information jobs paid best Professional, Construction, Wholesale, Manufacturing

followed in order Employment decreased 1.8% to 59,057 Manufacturing Jobs dominate at 14,170

Down 6% from 2003 Transportation, Wholesale and Retail next largest

Data used in this report was not adjusted to account for non-economic changes (Oregon Employment Dept) Utilities, Natural Resources and Enterprise management not incl.

Page 4: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

Columbia Corridor Top Issues Facing the Corridor

Source: CCA Survey, 2004

Top Concerns Identified:

• Minimize taxes and fees• Sewer system costs• Energy rate regulation• Business development• Congestion reduction• Strengthening the workforce• Freight mobility • Access to Electeds• Environmental Practices• Others

Page 5: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

Columbia Corridor 2005: Major CCA Activities

Source: CCA Survey, 2004

• Regional Business Plan Support• Goal 5 / Nature in Neighborhoods• Cascade River Station plan amendment• East End Connector• Freight Master Plan input• Roads and Bridges • Wellfield Regulation technical support• Mixing zones• Breakfast forums• Lunch with Leaders• Golf Tournament

Page 6: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

Board of Directors

Strategy(Ad Hoc)

TransportationEnvironmental

Land UseWater, Air,

WasteEconomic

DevelopmentMarketing

Staff

Committee Structure

CCA – the Voice of the Corridor

Page 7: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

A Future Vision

Page 8: December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005

Backup Charts

Employment data details


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