Business is booming in Central Oregon
Central Oregon’s tourist economy is thriving and hotel proprietors are jumping on the hotel-building bandwagon. Here’s a run down of new hotel construction going on in our town.
- A 120-room Best Western Premier hotel will be built in southwest Bend. The property will be immediately north of the Mt. Washington/Century Dr. roundabout. Groundbreaking is scheduled for 2017.
- Construction began in January on Marriott’s 106-room Springhill Suites at the edge of the Old Mill District (the old crane shed site).
- InnSight Hotel Management Group is building a 100-room hotel and 10,000 square feet of retail space on NW Wall St. across from Pioneer Park.
Central Oregon unemployment rates continue to move downward in all three counties. Deschutes County added 3,410 jobs during 2015, a gain of 4.8%, and remains the hottest job market among Oregon’s metropolitan areas. Crook County lost 120 jobs in 2015 and Jefferson County added 110.
Bend UGB revision passes milestone
Bend’s new urban growth boundary plan has been whipped into shape and should be ready for submission to the Oregon Land Conservation and Development Commission sometimes this year. The plan would add 2,150 acres to the area within the UGB, far less than the 8,400 acres first proposed in 2010. The latest plan answers state demands for higher density and pushes the UGB perimeter outward to accommodate designated parcels, mostly on the east side. The plan must still be approved by the Bend City Council and Deschutes County Commission, after which the state agency will have the final say.
OSU Expands Campus Site
OSU-Cascades has purchased 46 acres adjoining the university’s initial 10-acre campus site in southwest Bend. Construction on the 10-acre site should be completed in September. That campus will accommodate up to 1,890 students. Development of the 46-acre site will raise enrollment capacity to 5,000 by 2025. University officials would like to expand the campus further and are working with Deschutes County to explore ways to reclaim the 76-acre former demolition landfill. This would bring the campus size to 132 acres. Establishment of a new campus is essential for the university’s growth to four-year status, seen as necessary to support job and economic growth in Central Oregon.
Bend area schools increase enrollment
Enrollment increases in 2015 pushed the Bend-La Pine School District to the fifth largest in the state, up one position from the year before. The district’s enrollment grew by 395 to reach a total of 17,517. Redmond schools increased enrollment by 34 students for a total of 7,363. Other Central Oregon schools experienced decreased enrollment.
As you can see, a lot of growth is occurring in Central Oregon which should bring job and economic growth to our area. If you or someone you know is thinking about moving to Bend, give me a call for information about the Central Oregon real estate market at 541-410-3645 or email@example.com