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Economic Development

A Changing City
By Eric Underwood
City of Oregon City Economic Development

 

Over the past five years, Oregon City has seen a dramatic transformation. Property owners, businesses, and the City have invested more than $2.5 million dollars downtown; manufacturers have created 64 jobs and invested more than $7.9 million; new developments popped-up throughout the city; and tourism visitor spending increased 4.8% since 2012 to $34.7 million in 2016.

 

Continuing the Momentum

 

Many of these activities are tied to the Oregon City Economic Development Department and their mission to work on projects that create jobs, increase wealth, diversify the local economy, and enhance livability for community members.

To continue the momentum, the Economic Development Department is working on a set of key projects:

1. Attracting and growing businesses in the Beavercreek Employment Area, an area of over 90 acres of industrial land next to Clackamas Community College, is an important project for the department. Once developed, the area is estimated to create 1,650 jobs with an annual payroll of over $124 million.

 

2. Tourism in Oregon is a $10 billion industry and an economic driver for the state. The department is working on a strategic plan with tourism stakeholders to capture Oregon City’s slice of the $10.8 Billion pie by increasing tourism activity in Oregon City.

 

3. Downtown is a top priority for the City. The department continues to work on the Grand Cove mixed-use development, redevelopment of the former Blue Heron Mill site, and other developments downtown, such as two hotels and a mixed-use residential development.
 

For more information visit orcity.org