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

December 9 th , 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005 Disclaimer: this data considered an indicator only. Users are strongly cautioned to seek expert guidance before basing important decisions this information. Corridor.

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

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  1. December 9th, 2005 Annual Meeting State of the Corridor Steve Mason CCA President 2005 Disclaimer: this data considered an indicator only. Users are strongly cautioned to seek expert guidance before basing important decisions this information.

  2. Corridor Columbia CorridorReal Estate Market • 3 Indicators • Vacancy Rates • Rose in 2004, now moving lower • Absorption Rates • Rising • Rental Rates • Rising to $.377/sf Tri county A relative strong market compared to 2004 Source: Capacity Commercial Group, 4/2005

  3. 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.

  4. Columbia CorridorTop Issues Facing the Corridor • 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 Source: CCA Survey, 2004

  5. Columbia Corridor2005: Major CCA Activities • 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 Source: CCA Survey, 2004

  6. Committee Structure Staff CCA – the Voice of the Corridor

  7. A Future Vision

  8. Backup Charts • Employment data details

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