Wednesday, July 8, 2015

More about the Hunziker Industrial Core

Tigard just received a strong boost its economic development efforts with support from the State Legislature and Rep. Margaret Dougherty. We were notified late Monday that our request to the State of Oregon for $1.5 million in infrastructure funding was added to the state’s capital project bonding authority list.

This is the first time the City of Tigard has sought state support for an economic development project. This year, lawmakers sifted through $400 million in funding requests, and ended up funding just $180 million in capital projects.  The $1.5 million of state funding committed to Tigard will help cover part of the cost of $5.5 million in new infrastructure in the Hunziker Industrial Corridor. This is an underdeveloped part of the city’s employment lands currently home to about 90 firms on 138 acres of industrial property.

Through our economic development program, the City of Tigard is investing in infrastructure to support private sector investment, business growth and job creation. Details provided in the attached press release. Please give me a call if you have any questions.

 Lloyd Purdy, Economic Development Manager, 503.718.2442

Tuesday, July 7, 2015

Fantastic News for the Tigard Triangle!!

For Immediate Release

July 6, 2015

Peter Sarasohn

Oregon Legislature Passes Important Infrastructure projects

Tigard to receive 1.5 million in funding for the Hunziker Industrial Core

SALEM - Today the Oregon Legislature passed an important bill to fund numerous infrastructure improvements. Included in these was bonding to support the Hunziker Industrial Core project in Tigard. This project will improve access to 138 acres of underdeveloped land in Tigard, generating over $36 million in private investment. It will create between 115-320 new jobs.  "Jobs have always been one of my top priorities," said Rep. Doherty, "The Hunziker project will bring good jobs to Tigard."

Other important infrastructure developments include:

  • $90 million in transportation safety improvements across the state, including:
    • $3.9 million in improvements to Cornelius Pass Road
    • $5 million in safety improvement projects on State Highway 47 at Verboort and Purdin Roads
  • More than $300 million for construction projects at Oregon universities and community colleges
  • $300 million to make seismic upgrades and other improvements to Oregon schools
  • $198 million for cancer research at Oregon Health and Sciences University, bringing the total raised for the Knight Cancer Challenge to $1 billion
  • $30 million to seismically upgrade emergency services buildings across the state