2011 Portland Work Book

7/31/2019 2011 Portland Work Book

1/24

A DAtAscApe of the portlAnD, oregon -VAncouVer, WAshington metro region 2011

the greater portland work book


2/24

portlAnD-VAncouVer

msAc

ities

Withpopul

Atio

n>

12,

000

Wh Ga

Plan?When the Brookings Institution published ExportNation this year, greater Portland-Vancouver madea big showing: number two exporter among all U.S.metro regions, second-greatest ve-year growth inexports, number one in computer and electronicsexports to China.

Tis news didnt come entirely as a surprise.Portland-Vancouver makes things, as it has since timebegan rom merchant ships to silicon chips andnow wind turbine parts, solar panels and lithium-ionbatteries hundreds o products increasingly in

demand by markets arther and arther ung.Invention, manuacture and trade orm the back-

bone o the Portland regions economy, with strongsuits in hardware and sotware, clean tech, biotechand born o the regions insatiable thirst or cycling,hiking, camping and skiing a hyper-active cluster ooutdoor-wear and gear rms.

Businesses have good reason or making Portland-Vancouver their home: easy access to markets, smartworkers and low costs (utilities, commercial space,wages and taxes all take a smaller bite than in otherwestern metros). Te region, too, is amously livable,blessed by nature and man with a spectacular back-

drop o woods and water and a main stage o urbanpleasures interlaced with a network o bus, rail andbike routes.

Troughout this Work Book, greater Portland ismeasured against nine competitive western U.S. metrosto illustrate the regions strengths. While the dataspeak or themselves, theyre enhanced by the voices osix regional executives who introduce their companiesand address the question: Why greater Portland?

Given a value proposition that exalts both workand liestyle, the appropriate rejoinder is: Why not?

cAmAs

VAncouVerportlAnDst helens

BAttle grounDtroutDAle

hAppy VAlley

greshAm

milWAukie

oregon cityWest linn

neWBerg WilsonVille

cAnBymcminnVille

sherWooD

lAke osWego

tigArD

tuAlAtin

BeAVertonhillsBoro

forest groVe


3/24

22,414

P ro du c ti v i ty s u rG e

In 2011, greater Portland-Vancouvers

gross regional product topped $125 billion

a third greater than Austins $84 billion.

And its not stopping. In the next ve years,

its expected to grow by another 30%.

emplmn b n2011

mAnufActuring

informAtion

other serVices

4.7% 3.619.4% 14.8% 14.3% 13.3% 11.3% 2.3%9.7% 6.5%

trADe AnD

trAnsportAtion

goVernment

eDucAtionAnD heAlthserVices

professionAlAnD Business

serVices

leisureAnDhospitAlity

finAnciAlActiVities

construction AnDnAturAl resources

trADe AnDtrAnsportAtion

goVernment

eDucAtion AnDheAlth serVices

professionAl AnDBusiness serVices

mAnufActuring

leisure AnD hospitAlity

finAnciAl ActiVities

construction AnDnAturAl resources

other serVices

informAtion

source: ihs gloBAl

insight 2011

emplmngwhprojecteD

2011-2016

2011-2012

2011-2016

186,086 108,212142,310 137,419 127,971 93,184 62,787

44,629 34,463

2.4%

2.2%

5%

2.8%

0.7%

3.3%

2.5%

1.3%

3.9%

3.2%

9.1%

10.0%

13.1%

24.9%

35.2%

2.9%

3.7%

4.4%

11.2%

3.2%

source: ihs gloBAl insight

= e

econ

omy


4/24

Whi te-c o llar b o o m

Proessional and business services

employment is poised or takeo,

projecting 25% growth rom 2011 to

2016, second only to Austins 33.2%.

Tose 160,000 Portland-Vancouver

workers will represent 15%o the total workorce.

20122014

2011

20102008

2009

2013

2015

-350,000

-300,000

-250,000

-200,000

-150,000

-100,000

-50,000

0

50,000

100,000

economy

Jb gwh Wealth o f Wo rk ersFrom 2011-2016, an 11.8% growth

will add more than 102,000 workers

to the regions workorce, placing

it third behind Austin (16.6%) and

Denver (12.6%). Considering that

greater Portland lost nearly 5%

o its workorce over the previous

ve years, this is happy news.

2011

783,983

1,202,922

962,571

804,911

1,673,816

375,625

861,267

1,225,623

1,864,774

5,169,813

2011-2012

3.3%

2.6%

2.5%

2.1%

2.5%

2.0%

2.4%

1.9%

2.1%

1.7%

2011-2016

16.6%

12.6%

11.8%

11.7%

11.4%

10.6%

10.5%

10.2%

9.4%

7.5%

Austin

DenVer

greater portland

sAcrAmento

seAttle

AlBuquerque

sAn jose

sAn Diego

sAn frAncisco

los Angeles

projecteDemployment projecteD

source: ihs gloBAl insight 2011

joBs


5/24

W ha h ppn g cla an afa awa a W vgna.W l ha laj ab anwh.b

mn knfmakngn Plan,an w p b anbng mmb.

les de asis

f ceo

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ad dv a vadd rV safad Va pad.t wa wa a

wa l A pad ad w w a. W d a a ab a wa a-caaaada, d A. i safad Va w ad b da wvwd ad a av a aa b w ba. t pad aa vdd a w wad a w a vd ba ad aa

-dd a.W a ad a 90

, a padwa a v d aad, d cba swaad n. i wa a gblda Bad, add b p gb 1939 a d - zd b

d a. gb 300ad a v $100 .p gb wa d A .

W a, ad i -dd a v advaa a, avaab w,, v, ad pad a a a a b.

nv d a d A wa aa . gb dd a w w w

BenchmadeKnie Companyoregon city, oregon

a azd ad A ad ad a da a ua. t . Bad vd, v a 3,000 a- wa a 15,000 a- daa 75,000-a-aa a, w 200 ad d aa v

a ad aw .Aa v av ad $30.

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e c o n o m y / c a s e i n p o i n t

c o ns tru c ti o n reb o u nd

In the next ve years, greater

Portlands construction industry will

rebound 35% to 60,360 workers.

(From 2006-2011, the sector lost

20,000 workers.) Now the bad news:

Even with the rebound, constructionemployment in 2016 will still not

reach 2006 levels.

trade and trans p o rt

Accounting or one-ourth o

the regions employment,

transportation and trade employmentin Portland-Vancouver is expected

to increase by 9% to 203,000

workers. Add manuacturing, and

youre talking about more than

325,000 workers one-third o

all regional employment.

Nwn. jbaprojecteD groWth2007-2015


40,000

30,000

20,000

10,000

0

-10,000

-20,000

-30,000

-40,000

-50,000

-60,000

2007 2008 2009 2010 2011 2012 2013 2014 2015

neWresiDents

joBscreAteD

econ

omy


6/24


7/24

inno

VAti

on

saa

sa fa

Ab

Greaer porland

sa D

l A

sa j

Dv

sa

1.4%

1.1%

19.7%

17.1%

14.4%

10.1%

9.1%

13.7%

14.3%

8.5%

Hgh-h bngroWth 2003-2008

source: u.s. census county Business pAtterns

s i li c o n fo res t

Nearly 4,000 high-tech businesses call

Portland-Vancouver home, a concentration

18% greater than the national average.

Since 2005, that number has increased

17%, second only to Austin. High-tech

businesses here employ more than

85,000 residents 33% more than

the national average.

A

Hgh-h GrPAs % of totAl grp 2008

source: u.s. BureAu

of economic AnAlysis

sa j 70.0%

A 33.2%

Ab 32.2%

Greaer porland31.2%

sa fa 27.4%

sa 23.6%

Dv 20.0%

saa 18.5%

sa D 17.9%

l A 17.3%

p atents fo r p o rtland

More than 1,400 patents were awarded

to recipients in Portland-Vancouver.

In the last ve years, patents here

increased 3.5%, while declines were

registered in Los Angeles (-3.9%)

Denver (-7.0%), Sacramento (-12.8%)

and Albuquerque (-14.1%).


8/24

rAnk

66

160

663

777

795

837

863

1,142

1,206

1,221

1,551

1,596

1,599

1,662

1,6861,722

2,113

2,319

2,417

2,505

2,613

2,720

2,759

2,778

2,823

2,836

2,844

2,849

2,882

2,912

2,978

2,994

3,030

3,1303,154

3,234

3,246

cleArAccess

VirtuAlosity solutions

smArsh

liVing hArVest fooDs

WellpArtner

iD experts

AuDigy group

consumer cellulAr

DADDies BoArD shop

oBVius holDings

prokArmA

White horse

Dull olson Weekes Architects

ioVAtion

ethicspointintegrA telecom

cAstor & pollux pet Works

keen heAlthcAre

centerstAnce

fortis construction

nlight

certifieD lAnguAges internAtionAl

xplAne

gBcBlue

tripWire

ryonet

eroi

VigilAn

WAVe form systems

BAggAllini

isite Design

AArons sAles AnD leAse oWnership

sustAinABle hArVest coffee importers

house of Antique hArDWAresilicon forest electronics

pcD group

AngelVision

in. 5000 mpan

source: u.s. census

non-employer stAtistics

fgroWth 2003-2008

los Angeles

sAn frAncisco

seAttle

DenVer

sAn jose

sAn Diego

greater portland

Austin

sAcrAmento

AlBuquerque

employeesBusinesses


Hgh-h 2008

23,379

10,295

6,557

6,309

6,227

5,971

3,901

3,433

2,760

1,265

534,607

234,498

186,124

116,798

204,048

123,606

85,443

75,962

52,851

30,022

28.9%Austin

17.5%AlBuquerque

16.4%greater portland

14.8%sAcrAmento

13.6%seAttle

13.5%sAn Diego

13.2%sAn jose

12.6%

DenVer

11.9%sAn frAncisco

10.3%los Angeles


9/24

i n n o v a t i o n / c a s e i n p o i n t

th a mpan wkngn alna anpan,l a mpan. tha ma g mpan

an la mpan, mbl mpan. Wn bg. tha j h p f. f i ha ab, h w h f h i nknw ab.

chris UlUm

ceo

i a vd wa a a, c u a b a -ab a ba ba d: d. A, dd 2004 ad 24, a waa v a d d a a dd d ad d a taa, w d a ad d .

ov a w a, Ada a bbatad a vd a d aba 130,000 a , a a d

va d . W a $22 a sVa v , A aa w a adv bd ad a ad udsa ad ad wd.

W aza, a u, w a A pad ada aba o vavB e ta cd, wa av a . t a va panw, ad pad aa.

ta va d wad: v wav (o i W) wd (Va),a w (saWd, fc.), (caed pw,

AgilyxtigArD, oregon

hda f c c.) ad bd (gd ed Dv).t v a v , eb caa,w v aab-da.

o a a a a a wa ba ab b ad ad- a adva wad, au. i a a dada b ad vad d b v ad w , a aaad bw b ad v. ta v v, v d b.

freelanc ers

Te region is home to more than

150,000 reelance workers

three times what youd nd in

Albuquerque and 16% more

than in Austin.

source: inc. mAgAine 2010

3,289

3,301

3,316

3,371

3,406

3,499

3,543

3,550

3,586

3,713

3,785

3,937

4,023

4,225

4,403

4,549

4,568

4,922

eArl & BroWn

fooDguys

timBercon

proformA spectrum print grAphics

Vernier softWAre & technology

hAnson construction

sAm meDicAl proDucts

noVA usA WooD proDucts

sterling communicAtions

pApA murphys internAtionAl

e-Bi internAtionAl

Docusource print mAnAgement

structureD communicAtion systems

gf Architects

r2c group

surf coWBoy

stoel riVes

VAnDerhouWen

i nc .-li s ted

wo greater Portland companies rank

among the Inc. 500 list o astest-growing

businesses and 56 among the top 5000.

Tese companies boast an average

growth rate o 203%.

c ap i tal i nfu s i o n

In 2010, Pacic Northwest

companies received more than

$806 million in 156 deals.

sAn jose 353.0

Austin 128.9

sAn frAncisco 125.8

seAttle 109.8

sAn Diego 64.4

greater portland 63.8

AlBuquerque29.8

los Angeles 26.5

DenVer 20.9

sAcrAmento 16.6

source: uspto

Panper 100k resiDents 2009

silicon VAlley $8,513.4

los Angeles $1,584.1

sAn Diego $846.9

pacific northwest* $806.3

colorADo $467.5

southWest $277.6

sAcrAmento $33.9

* incluDes oregon, WAshington AnD iDAho

source: priceWAterhousecoopers

moneytree

vnapal

in millions 2010

inno

VAti

on


10/24

g p20.6% A

12.9%

sa

12.1%

sa D

9.2%

sa fa

11.5%

saa

6.3%

sa j20.1%

l A

10.9%

Ab

13.4%

Dv

7.3%

expgwh2003-2008

source: Brookings

metropolitAn policy

progrAm AnD

mooDys.com 2010

los Angeles

8.1%

sAn jose

5.5%

Austin

16.0%

sAn frAncisco

13.0%

sAn Diego

10.1%

sAcrAmento

8.6%

GEtE

ptND

20.2%

DenVer

10.9%

seAttle

14.8%

AlBuquerque

5.3%

exp haf GrP% of totAl 2008

source: Brookings metropolitAn policy

progrAm AnD mooDys.com 2010. DAtA 2003-2008

mak i ng i t b i g

More than 108,000 greater Portland

residents (11% o the workorce)

are employed in manuacturing.

By 2016, the manuacturing brain trustis expected to grow 13%, registering

the largest increase o any

West Coast region and outpacing

Seattle by more than 300%.


11/24

mAnuf

Actu

ring

+ex

port

s

m a n u f a c t u r i n g + e x p o r t / c a s e i n p o i n t

W n -gnnnan n h u.s. aa man f ang jban walh. i bl hwl f hnlg an

a ban manfangba l a h ha fang h f. th n f h an f nn nmnn ogn.

paUl otelliniceo

W v a a , a j ead,a aa aa a i,w a 15,000 a aw r A aaad r&D 20 w pad .

s a b a a hb 1974, saa caa-bad i a ad o (a $20 b aa v), a dd aa a a -aa a. maa,ad ad a a aa d ad a d. f 2003 2008, ad aa

a dbd pad-Vav $22 b, 125,626b. e w a 20.6% d.

f a dad, ia vd a av s f, a -a a d la, s ad tq,a . m a awd a d-a a- aa, dsaWd, 1,000 a aa d a nAa, ad a caed pw,w a 200 d ad r. caed wad a ipo 2012.

i a adaa -d w. i fba 2011, ab d wd

IntelhillsBoro, oregon

14-a a,a $3 b a a v w a w 3,000 w (wd 19 , a40 ad 13,000ad ) ad a 800b-d a w w aa a ba d.

t a aa ava $117,000, a aa ava.

i b ba db aa Aa v ad aw v da, dad pd obaad a v r A fba2011. hw d w a a a i v ,aa , ? i a wda v a v, b a a Aa ba a d b.

mo re g o o dsto mark et

From 2003 to 2008, greater Portlands

exports increased more than 20%,

the largest increase among benchmark

regions. Compare Denvers 10.9% growth,

Los Angeles 8.1%, San Joses 5.5%and Albuquerques 5.3%.

los Angeles $78.5

sAn frAncisco $30.9

seAttle $24.2

sAn jose $22.8

greater portland $22.0

sAn Diego $15.5

Austin $10.2

DenVer $10.1

sAcrAmento $6.3

AlBuquerque $4.5

source: Brookings metropolitAn

policy progrAm AnD mooDys.com 2010.

DAtA 2003-2008

exp alin Billions 2008

los Angeles 560,475

sAn jose 212,157

seAttle 196,000

sAn frAncisco 160,125

greater portland 125,626

sAn Diego 115,245

DenVer 74,397

Austin 73,540

sAcrAmento 43,235

AlBuquerque 26,498

source: Brookings metropolitAn

policy progrAm AnD mooDys.com 2010.

DAtA 2003-2008

exp-la jb2008

los Angeles 527,742

seAttle 172,612

sAn jose 160,053

sAn frAncisco 116,753

greater portland108,212

sAn Diego 92,309

DenVer 59,726

Austin 48,473

sAcrAmento 33,990

AlBuquerque17,851


mmplmn

groWth 2011-2016

exp o rt emp lo yment

and Wag es

Export-related work employs

nearly 126,000 Portland-Vancouver

residents, 13% o the total workorce.

Annual wages average $91,535.


12/24

mmplmn

groWth 2011

AlBuquerque

17,851

DenVer

59,726

sAn frAncisco

116,753

GEtE

ptND

108,212

Austin

48,473

sAcrAmento

33,990

13.1%

10.6% 10.1% 9.8% 9.5%

9.0%

sAn Diego

92,309

los Angeles

527,742

seAttle

172,612

sAn jose

160,053

7.9% 7.5%

5.2% 4.6%

Hgh-h manfang bngroWth 2003-2008


-10.7%-8.6%

-7.3%-7.3%

-3.7%

1.5%1.8%

3.9%

7.5%

-12.4%

sAcrAmentosAn DiegolosAngeles

seAttlesAnfrAncisco

AustinDenVerGEtEptND

AlBuquerque sAn jose

source: ihs gloBAl

insight 2011


13/24

c l a s s a

o f f i c e

rent

saa $24.48 21.9%

l A $35.40 17.4%

sa j $35.40 25.6%

VAcAncy

Ab $20.37 14.7%

sa fa $35.71 13.9%

Dv $23.43 15.6%

sa $30.20 17.7%

Greaer porland 13.6%

A $28.09 21.4%

$30.36 18.2%sa D

cmmalal a

$ per sq. foot 2011

t o t a l

i n d u s t r i a l

rent VAcAncy

$4.92 13.8% saa

$6.12 3.1% l A

$7.10 9.1% Ab

$12.34 7.2% sa fa

$5.59 8.6% Dv

$6.33 9.3% sa

$5.64 8.9% Greaer porland

$6.99 13.1% A

$10.41 15.1% sa D

$11.16 14.9% sa j

Greaer porland $8.28

f l e x

rent

saa $9.24 18.5%

l A $9.60 4.4%

sa j $12.96 17.7%

VAcAncy

Ab $12.25 13.2%

sa fa $19.38 11.2%

Dv $9.13 16.1%

sa $11.11 15.1%

A $9.15 18.5%

$13.84 21.4%sa D

source: gruBB & ellis compAny

W a r e h o u s e

rent

saa$3.60 13.6%

l A$5.52 3.3%

sa j$5.64 12.9%

VAcAncy

Ab$5.75 10.3%

sa fa$9.67 6.0%

Dv$4.04 7.7%

sa$5.54 8.6%

Greaer porland$4.20 10.4%

A$5.67 15.6%

sa D$9.36 15.4%

i ndu s tri al rates

Keeping with the regions reputation

as an aordable industrial center,

greater Portlands industrial rent is

$5.64 per square oot about hal

the cost o San Franciscos $12.34,

San Joses $11.16 or San Diegos $10.41.

o ffi c e s p ac e b arg ai n

Portland-Vancouver oers the most

aordable class A ofce space on the

West Coast at $23.09 per square oot,

compared to San Franciscos $35.71,

Los Angeles $35.40 and San Joses

$35.40. Te market has remained the

healthiest as well, with a vacancy

rate o 13.6% lowest among

all benchmarks.

$23.09

10.7%co

sts


14/24

b u yi ng a ho me

In 2011, the median value o

a single-amily Portland-area home

was $227,894 a 3.4% decrease

rom the previous year. Comparethat to San Joses $503,145 or

San Franciscos $426,130.


sngl-famlhm al

projecteD groWth 2011-2012

groWth 2006-2011

projecteD groWth 2011-2016

2011 VAlue

a AVerAge 2011

$700$783

$926$1,015$1,074

$1,365$1,539

$1,655

$1,841

$2,264

AlBuquerqueDenVerAustinGEtEptND

sAcrAmentoseAttlesAn josesAn DiegosAn frAncisco losAngeles

$1,000

$2,000

$1,500

$500

0

-23.6%

7.5%

25.4%

existing single-fAmily home

$227,894

-26.6%

12.8%

24.2%

neW single-fAmily home

$246,321

AlBuquerque2.04

DenVer 1.91

greater portland1.64

seAttle 1.62

sAcrAmento 1.60

sAn jose 1.43

Austin 1.42

sAn frAncisco 1.25

sAn Diego 1.23

los Angeles 1.03

source: u.s. census AmericAn

community surVey

Hm-wn n

rAtio 2009

source: AccrA cost of liVing inDex


15/24

cost

s

t w Plan, m ban lan, wh ppln lng, ampng, hkng,, .

f a an m n, b hn f h wk i wa ang,i l h pla, i wan m h!

jeff shafer

ceo

W j sa vd mab pad aa v a a, caa $10 b l A.

t a wa dw adab w d d , a sa,d ad ceo Aav D,w d ad aa b a a a a a $250. (A ad a hwd a Da, W s ad maWab.) i wad v a aw i d w ad b ad a -dbdv.

W w pad-Vav ab a l A, sa d a a dd v-aa a wWa, 20 dww pad. h a aAav a 100-a-v dww Vav,a advaa adab a A a. t sa ad , a b, ad w a av d aa n. Ad .

i db a d a a a d a aad a l A, a sa.i d a a i a i .B d av 20 . Ad a

Agave DenimriDgefielD, WAshington

a Wa. t v w .

t a ad db pad aad sa a d. i 2009, ad Aav a add mab rdd, Wa., ad d a 24,000-a- aada w a i-5a. t a wa b, ada v-, 12 .

i v d av d lA, a sa, w a w a a 15. i wd ava va a ad wd avb v. i wd av ad av badw.

i a dd a.

c o s t / c a s e i n p o i n t

seAttle 19.7%

sAn jose 18.8%

sAn frAncisco 16.7%

greater portland13.4%

sAn Diego 11.3%

sAcrAmento 10.6%

los Angeles 8.9%

DenVer 5.7%

Austin 0.1%

AlBuquerque0.0%

c f halha nx

% ABoVe or BeloWnAtionAl AVerAge 2011

sAn frAncisco 63.8%

sAn jose 56.0%

los Angeles 36.2%

sAn Deigo 32.1%

seAttle 21.2%

sAcrAmento 16.1%


DenVer 3.1%

Austin -4.5%

AlBuquerque-5.0%

source: AccrA cost of liVing inDex

c f lngnx

% ABoVe or BeloWnAtionAl AVerAge 2011


m

greater portland

los Angeles

sAn jose

seAttle

DenVer

Austin

sAn frAncisco

AlBuquerque

sAn Diego

sAcrAmento

$59,890

$63,228

$91,420

$68,388

$61,524$59,154

$78,642

$49,702

$64,338

$59,824

14.1%

13.9%

13.4%

12.7%

11.9%

11.9%

11.6%

11.0%

8.0%

5.0%

pjEctED Gwth 2011-20162011

affo rdab i li ty

Greater Portlands cost o living is

11% higher than the national

average but signicantly less than

that o Los Angeles (36%),

San Jose (56%) or over-the-top

San Francisco (64%).

rental mark et

Te average one-bedroom

apartment in greater Portland rents

or $1,015, while a similar space

would set you back $1,841 in L.A.

and in $2,264 in San Francisco.

o W N to reNt

With one homeowner to every

0.62 renters, greater Portland home

ownership rate ranks among the

top three benchmark regions.


16/24

g etti ng s marter

More than 967,000

greater Portland residents

have some type o ormal

training degree up 8% since

2004. Bachelors or graduate

degree holders have increased

9.2% in the last ve years,

ranking the region second among

benchmarks, just behind Austin.

Some 144,000 o the areasresidents (8% o the population)

are enrolled in college or graduate

school up 14% since 2004.

c

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pa

c

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o

u

v

Wa

u

v

b aan-ghlgroWth 2004-2009

12.7%A

g p9.2%

sa j 2.0%

Ab 4.4%

sa fa 5.2%

Dv 8.0%

sa 8.0%

sa D 6.9%

saa 3.8%

l A 5.0%


community surVey


17/24

e d u c a t i o n / c a s e i n p o i n t

W ha pan nNw yk, illn, calfnaan ogn, an ogn b fa w a hm faabl n m

f gnmn pp.W wn h gn wa al ha wk wll fbh . th lawn gnmn affan w amaz ahw a wa.

peter mUrrayv pn f pan

t da dvd w, WA p a . t b b nAsA ad a a

30 ad-wa wd w w ad a dd a a a u.s.

W W A 100d ab- w a aa a aa adba ad dada adwa, 200 azd wa ad dv w av b dvdb-d - w.

n-aa w,

a w, a b wd w, a pma, v d a,w v Bav . Wd ad . W w, w d av b v Ba Aa sa. W ab a a a. t pad aa aa aab, w-dad .

m a v.i a, a ba ,

A d a a advad d d 2004 2009; 2009, pad d a advad d-dw. A pad a abd Ba Aa b ad a aa a w, w a-a a, d Ab.

A a b o

Welch AllynBeAVerton, oregon

B Aa, W Aa b av vvd a b w. t a d, a a b a aa -da ,aba w a ao ha & s uv,pad a ad a a ad,

d dv adaza av, adv a a a d b adaw o sa uv, a a .

f , a ab a d b o ad a w, a ma. pad a a a d. p wa v , a a ad a .

un n 100k

2009

sAcrAmento

8,831

sAn Diego

8,698

sAn jose

8,434

los Angeles

7,560

Austin

7,526

sAn frAncisco

7,468

AlBuquerque

6,889

DenVer

5,576

GEtE ptND

5,345

seAttle

5,103

source: nAtionAl center for

eDucAtionAl stAtistics ipeDs

source: u.s. census AmericAn community surVey

dg hl% of resiDents 25 AnD olDer 2009

75.8%sAn frAncisco

69.2%DenVer

59.7%los Angeles

68.5%sAn Diego

61.4%greater portland

seAttle 73.7%

Austin64.0%

sAn jose 68.8%

AlBuquerque 61.3%

sAcrAmento 57.6%

Austin 14.4%

AlBuquerque 10.9%

sAn Diego 7.5%

DenVer 7.2%

seAttle 6.1%


sAcrAmento 4.5%

los Angeles 4.0%

sAn frAncisco 3.9%

sAn jose 3.6%


community surVey

rn wh anaa g

m llggroWth 2004-2009

eDucA

tion


18/24

25-a

pplangwh1984-2009

source: u.s. BureAu of

economic AnAlysis

A

147.5%

saa

76.0% Ab

62.1%

Dv

58.4%

sa

53.4%

sa D

49.6%

sa D

49.6%

sa

j29.2%

l

A27.6%

sa

fa25.8%

Greaerporland

60.7%


community surVey

rnwh l

f m

n pa

% of totAlpopulAtion 2009

1.8%

4.4%

4.0% 4.0%3.8% 3.7%

4.6%

2.6%

2.4%

2.0%

mo v i ng i n

From 2008-2009, nearly

100,000 people moved to the

Portland-Vancouver region rom

another metropolitan area.

l Asa Ab A Dv sa DGreaerporland sa j

safa saa


19/24co

mmun

ity

G ro W i NG s tro NG

More than 2.3 million residents

live in greater Portland,

the th-largest metro on

the West Coast. In the next

six years, greater Portland

is expected to top 2.5 million,

a 7.8% increase over 2011.


Walkng an bkng wk% of Workforce 2009

s afe li v i ng

In 2010, greater Portland

experienced 269 violent crimes

per 100K residents hal the

number in Albuquerque (652),

San Francisco (563) and

Sacramento (508), ranking it

the saest metro in the West.

AlBuquerque 2.6%

Austin 2.5%

DenVer 2.9%

los Angeles 3.5%

sAcrAmento 3.5%

sAn Diego 3.4%

seAttle 4.5%

sAn jose 3.6%

GEtE ptND5.3%

sAn frAncisco 5.9%

s treetc ar, b u s , rai l

Over 6% o the regions workorce

takes public transportation to the

ofce. Some 105,000 greater Portland

residents commute to the ofce

without the use o a car.

Te average commute time in greater

Portland is less than 25 minutes.

foot, bike

More than 5% o greater Portland

workers walk or bike to the ofce

twice the percentage in Austin

(2.5%), ranking the region second,

just behind San Francisco (5.9%).

sAn frAncisco 14.6%

seAttle 8.7%

los Angeles 6.2%


DenVer 4.6%

sAn jose 3.1%

sAn Diego 3.1%

Austin 2.8%

sAcrAmento 2.7%

AlBuquerque1.6%


community surVey

Pbl anpan% of Workforce 2009

sAn frAncisco 28.6

los Angeles 27.9

seAttle 27.4

DenVer 26.8

sAcrAmento 25.6

Austin 24.9


sAn jose 24.1

sAn Diego 23.9

AlBuquerque23.3


community surVey

a minutes 2009

sAn Diego 6.6%

DenVer 6.2%


sAn frAncisco 6.0%

Austin 5.9%

sAcrAmento 5.4%

seAttle 5.1%

AlBuquerque4.8%

los Angeles 4.8%

sAn jose 4.5%


community surVey

Wkng fm hm% of Workforce 2009


20/24

los Angeles 79.9

DenVer 52.2

sAn frAncisco 48.9

seAttle 31.6

sAn Diego 16.9


sAcrAmento 8.9

Austin 8.7

sAn jose 8.3

AlBuquerque5.8

source: Airport council

a in millions 2010

art ho ts p o t

Te Portland-Vancouver region boasts

more than 850 arts and recreation

establishments 38 per 100K

residents, ranking it ahead o

Austin (35), San Diego (35) and

Albuquerque (30). Te number

has grown almost 11%

since 2005.

AlBuquerque 652.4

sAn frAncisco 563.0

sAcrAmento 508.5

los Angeles 482.7

sAn Diego 424.3

seAttle 384.3

Austin 356.1

DenVer 346.9

sAn jose288.6


source: u.s. fBi uniform crime stAtistics

vln mper 100,000 resiDents 2009

l.A. 96

sa fa42

41

38

Dv38

sa D35

35

Ab 30

saa 29

sa j 28

sa

source:u.s. census county

Business pAtterns

a

ablhmnper 100k resiDents 2008

Greaer porland

A


21/24co

mmun

ity

Whn h blk ha whl h f ban nwmpan ha lanhwhn h la fw a.th n-pak, fa-

gwh, p-nbn. i a whl nwn f npn.

scott kveton

ceo

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W , a a dva b , a ceo skv.

Ad uba A d b a a w a pad d w ad wa . W a 25-a a w a 60.7%, a w w a a a

l A ad dw ba ad advad-d d. i a a150,000 a, a a ubaA daw .

hav a b a a d , a kv.pad wa. Wd av d w Aazad m ad fab a.t a aa a v wa w a a-ad a.

ev uba A adbd z v a $5.4 Vc nvb 2010,kv dd av d w , v bd d 25,000-a-d wa adaa a a w b a v vd. h

Urban AirshipportlAnD, oregon

a a a b babd b a a av aw w .

W b pa D aad aa, a a adadadd av a baD ad Wd+kd d a ad adv-d wa a, dp lab ad si, adw av bb wbad .

m a w v da aw ad v ba v wa d ad v w v, a kv. h w w a b,bd a b ad v a aa a. i b awd.

c o m m u n i t y / c a s e i n p o i n t

sa fa 5,048

Greaer porland3,834

sa 3,629

Dv 3,296

A 3,262

Ab 3,157

saa 3,095

sa D 3,029

l A 2,278

sa j 2,000

sam-xpl

per 100k resiDents

2009

A

Ab

sa

g psa j

Dv

sa D

sa fa

saa

l A

immgan

18.7%

10.6%

5.7%

3.7%3.3%

2.7%

2.7%

2.2%

-0.2%

-1.0%

sa

A

g p

saaAb

sa D

sa fa

sa j

Dv

l A

Hpan

18.3%

15.7%

12.1%

9.6%8.7%

7.5%

6.4%

6.0%

5.7%

0.7%

A

Ab

g p

sa DDv

sa

sa j

saa

sa fa

l A

a a

21.7%

20.5%

8.9%

7.9%7.5%

6.9%

6.4%

3.2%

2.4%

-0.1%

g p

sa fa

sa j

Absa D

Dv

sa

l A

A

saa

n a

39.6%

31.7%

30.4%

12.4%6.9%

6.7%

4.9%

4.7%

4.3%

-7.3%

immgan an mn pplangroWth 2004-2009


community surVey



22/24


23/24

m gz

the regence group

m s acity of portlAnD

J b

Wells fArgo

m s b

city of greshAm

cmmn

J bclAckAmAs county

cha Jff cgnmultnomAh county

m d d

city of BeAVerton

J fportlAnD stAte uniVersity

rg HnhawBAnk of AmericA

Pn tm Hgh

metro regionAlgoVernment

Jhn Jakn

oregonliVe.com

g knW nAturAl

d k

schWABe, WilliAmson& WyAtt

W lw

key BAnk

m t l

city of VAncouVer

m k mconsortium of smAll cities

J mmelVin mArk compAnies

r m

proDuce roW propertymAnAgement

Gg N

the stAnDArD

Jm P

portlAnD generAl electric

dnn rawlnnmiller nAsh

e ra

oregon stAte uniVersity

Pa rnpAcificcorp

Ga rnl

perkins & co.

tm soregon heAlth & sciences

uniVersity

Wall van valknbg

stoel riVes

m W

us BAnk

m J W

city of hillsBoro

b Wport of portlAnD

greater portland inc.

1211 s.W. fifth AVe.suite 540

portlAnD, or 97204

phone 503.445.8065

fAx 503.445.8071

A daa ad ba ab dwadd

aad.

Design Bytaz D

ambassadors

john porter, AAA / pAul ehrlich, ADiDAs / steVe jAnik, BAll jAnik / mArk steVenson, cApitAl pAcific BAnk / greg gooDmAn, city center pArking / ADAm DAVis, DAVis hiBBitts & miDghAll

DAViD DelAp, DelAp llp / tim tAnk, frAier hunnicutt finAnciAl / Domonic collettA, lAne poWell /mArVin reVoAl, pAcific Benefit plAnners

DAn hempy, pAcific continentAl BAnk / j isAAcs, portlAnD trAilBlAers / DreW hAgeDorn, tonkon torp / steVe Wells, trAmmell croW / Bill scott, ipcAr

Business oregon / city of forest groVe / city of hAppy VAlley / city of lAke osWego / city of milWAukie / city of neWBerg / city of sherWooD / city of tigArD / city of tuAlAtin / city of West linn

city of WilsonVille / eAstsiDe cities pArtnership - fAirVieW, troutDAle, WooD VillAge / portlAnD Business AlliAnce / portlAnD DeVelopment commission

WAshington county / WestsiDe economic AlliAnce / Workforce pArtnership - sW Workforce Dc / Workforce pArtnership - Wicco / Workforce pArtnership - Worksystems inc.

ma BAlAskA Airlines

ma cgroup mAckenie

ja haadacoAxis

s laAshforth pAcific

rad lavuniVersity of oregon

sv mzBiAmp systems

Da WdWieDen+kenneDy

ceo advisory coUncil

greater portland inc. investors

board


24/24

sources: ihs

gloBAl insight

2011. u.s. census,

AmericAn community

surVey 2004-2009

fBi uniform crime

stAtistics 2009

Brookings metropolitAn

progrAm 2010

pWc moneytree 2010

Airport council 2011

Panper 100k resiDents

63.8

groWth 2004-2009

3.5%

ba g hl

479,171

groWth 2004-2009

9.2%

ag hl

487,906

groWth 2004-2009

5.7%

G gnalp

$125.4 Billion

projecteD

groWth 2011-2016

28.8%

vn apal$806 million

Ga Plan-van

Pplan2.3 million

projecteDgroWth 2011-2016

7.8%

exp$22 Billion

% shAreof totAl grp

20.6%

amm m

24.8 minutes

apang

13.2 million

emplmn962,571

projecteD

groWth 2011-2016

11.8%

mEDiN husEhD iNcmE $59,890

css fficE spcE $23.09 per sq. foot

wEhusE ENt $4.20 per sq. foot

ptmENt ENt $1,015 per month

sy pE wkE $46,970 AnnuAl

ExistiNG siNGE-fmiy husE $227,894

EffEctivE tx tE NNEw iNvEstmENts

3.8% (oregon, no. 2 us)9.8% (WAshington, no. 40 us)

iNDusti spcE $5.64 per sq. foot

cst f iviNG 11% ABoVe u.s. AVerAge

2011 Portland Work Book

Documents

Transcript of 2011 Portland Work Book