{"id":261,"date":"2016-11-08T01:33:30","date_gmt":"2016-11-08T01:33:30","guid":{"rendered":"http:\/\/reports.cityofsandy.com\/economicdevelopment\/?p=261"},"modified":"2016-11-08T01:33:30","modified_gmt":"2016-11-08T01:33:30","slug":"economic-development-monthly-report-october-2016","status":"publish","type":"post","link":"https:\/\/reports.cityofsandy.com\/economicdevelopment\/2016\/11\/08\/economic-development-monthly-report-october-2016\/","title":{"rendered":"Economic Development \u2013 Monthly Report \u2013 October 2016"},"content":{"rendered":"

Commercial Properties (vacancies, new businesses, etc.): <\/strong><\/p>\n

Goodwill Industries site (formerly Oja Lumber)<\/u>:\u00a0 Exterior construction seems about 90% complete on both buildings \u2013 roofs are mostly complete and the exterior walls appear to be getting painted while they wait on window installation.<\/p>\n

\"dscn1239\"<\/a><\/p>\n

[Goodwill Industries projects a December 2016 completion date for both the new Goodwill building and the additional 4,000 square foot retail building.\u00a0 The retail building has not pre-leased to anyone yet as far as I know \u2013 still 100% available.]<\/p>\n

Timberline Meats (formerly Gifts of Past and Present)<\/u>: Plans have now been submitted for Sandy\u2019s future meat market.\u00a0 This 1,800 SF building on Proctor is getting a rather extensive upgrade both inside and out \u2013 the exterior will see \u201cSandy-style\u201d features like exposed beam and metal brackets on the fa\u00e7ade with stone base wraps on the corners and along the base, metal roofing and removal of the chimneys for a much more modern and commercial look.\u00a0 The interior is a complete redesign converting the existing space into the traditional open floor plan with a wraparound counter that most butcher shops employ. \u00a0Parking will be limited due to the small size of the lot (6 + 1 ADA), but there should be plenty of street parking around the shop to accommodate customers.<\/p>\n

This store is a pilot project of sorts for the owners \u2013 if it is as successful as they believe it will be, they will use this store as a model for building more retail meat markets for other small cities in the region, and perhaps larger cities as well\u2026<\/p>\n

\u201cFree Land for Brewpub\u201d site<\/u>:\u00a0 The property owner for this project intimated in a discussion I had with him late last week that the brewery was not planning on moving forward with this project.\u00a0 I reached out to owner of the brewery \u2013 he has indicated that he will get back to me sometime this week.\u00a0 \u00a0I think that this is likely true, but I have some reservations regarding the reasons the property owner gave and am very interested to hear the brewery owner in his own words.<\/p>\n

The research that I\u2019ve done so far regarding SDC rates tell us that even with our methodology change regarding transportation SDCs, we were seventh most expensive when compared to ten similarly-sized cities.\u00a0 We were also seventh most expensive out of 10 cities for total SDC cost.\u00a0 So while I sympathize with the business owner that these charges are extensive, I don\u2019t think he\u2019s going to find substantially more favorable rates anywhere else \u2013 especially in a fast-growing city with 35,000 cars a day driving past the site.<\/p>\n

Note:\u00a0 I found a document on McKenzie\u2019s website recently that shows SDC and permitting costs broken down for three different common commercial construction projects (4 story office, multi-tenant retail and warehouse) in 7 markets around the metro area (Beaverton, Hillsboro, Portland, Gresham, etc.)\u00a0 I am trying to convince them to add a column for Sandy and let us post that on Sandy\u2019s Economic Development page so we have some good information in place should this issue come up again.\u00a0 More to come\u2026<\/p>\n

Carlson property<\/u>:\u00a0 In progress.\u00a0 Work is continuing regarding the installation of utilities at this site \u2013 utility work, utility inspections and some structural work are continuing as I write this; awaiting final utility inspection prior to beginning of paving work.<\/p>\n

Sandy Marketplace<\/u>: \u00a0The western-most unit of this complex (currently occupied by One World Chinese Buffet) has been leased by a gentleman out of Damascus who intends to set it up as a family restaurant and sports bar called \u201cScooters\u201d.\u00a0 This gentleman has owned and operated seven different restaurant\/bar businesses in the past, and feels that Sandy is the right place for his eighth endeavor.<\/p>\n

The general plan right now is to acquire the keys to the building by sometime in November \u2013 he has already submitted all requisite paperwork to the City and OLCC regarding his liquor license, and was actually quite pleased that we turned that paperwork around for him as quickly as we did.\u00a0 He then plans to do what sounds like an extensive 60-day interior remodel (paint, flooring, reclaimed wood on the walls, kitchen update, etc.)\u00a0 He is shooting for a February 2017 grand opening.<\/p>\n

Jody Argue building (former Riegelman\u2019s site)<\/u>: \u00a0I am happy to announce that this project is officially complete.\u00a0 After 2+ years of work, Ms. Argue finally has a lease-ready site up on the Available Commercial Buildings database \u2013 see link here<\/a><\/strong>.\u00a0 This building is actually two sites in one — the downstairs back-facing suite is set up for a day spa or a beauty salon, whereas the upstairs suite is more of a general retail setup.<\/p>\n

I am working on Ms. Argue\u2019s behalf to help secure a tenant for both of these spaces.\u00a0 \u00a0She is asking what I would consider in this market to be a very reasonable lease rate for this space, making it likely that this building will not be vacant for very long.\u00a0 More to come (very shortly\u2026)<\/p>\n

Project work:\u00a0\u00a0<\/strong><\/p>\n