Biz Beat 12-31-2014

We understand why private investors are motivated to build student-housing complexes. College enrollment is predicted to grow and the projects pencil out as profitable even if they are not filled to capacity, particularly if tax breaks are involved. Once built and operating, they can be sold to other big-time investors to cover costs and pocket a few million bucks. But what we don’t understand is why they are designed to accommodate only single students for the life of the building, say 40 to 50 years. Continue reading 

Biz Beat 12-24-2014

Where would Jesus eat? Many local restaurants will be closed Christmas Day. Among the businesses that will be open is Agate Alley Bistro & Bar at 1461 E. 19th Ave., but only from 5 to 10 pm so the staff can have Christmas morning off. If you are planning on dining out anywhere Christmas Day, we recommend calling ahead and leaving big tips. Going to the coast? We once showed up late and ravenous for a Christmas buffet at a fancy hotel near Depot Bay and found only scraps of salmon and halibut, but plenty of mystery meat, soggy broccoli and cold potatoes. Continue reading 

Biz Beat 12-18-2014

Alice Doyle of Log House Plants in Cottage Grove has been working for the past five years with Dutch and American horticultural researchers to refine and market a “Ketchup ’n’ Fries” grafted plant that grows potatoes underground and tomatoes above ground. Potatoes and tomatoes are related, and the first such graft was recorded in the early 1900s by Luther Burbank. The local Territorial Seed Company will have a national exclusive to sell mail-order plants and “I’m sure they‘ll see quite a bit of action,” Doyle says. Continue reading 

Biz Beat 12-11-2014

Tiny Tavern in the Whiteaker was shut down by Lane County health inspectors Dec. 5 for health code violations, according to the Eugene Brewery District website. The bar at 394 Blair Blvd. scored 67 points out of 100 and “according to regulations, any score of 70 or less will require the business to close its doors until corrections and a re-inspection can be made,” says the website. Jeff Malos owns the building and is rumored to be looking to sell it. Back in our Sept. 25 Biz Beat, we wrote about the bar closing when manager Jeff Peck left to open Old Nick’s Pub. Continue reading 

Biz Beat 11-26-2014

The Dexter Lake Club closed Nov. 17 and the land and building are for sale for $279,000, according to the nightclub and café’s Facebook page and website. The club was featured in Animal House in 1977 and has been in operation along Highway 58 since 1949. The business has changed hands nearly a dozen times, most recently in 2011 when Greg and Shannon Stewart took over the roadhouse from Michael McCann. Hundreds of local musicians have performed there over the years. Continue reading 

Biz Beat 11-20-2014

Tsunami Books on south Willamette was given notice earlier this fall that the building was going on the market and the longtime independent book store and performance venue would likely need to find a new home (see Biz Beat, 9/25). But we heard from store owner Scott Landfield that the building is now in the process of being sold to someone who supports the store staying put for at least a couple of years. Continue reading 

Biz Beat 11-13-2014

Congrats to NextStep Recycling founder Lorraine Kerwood McKenzie who was given the Toyota Standing O-Vation, a recognition of extraordinary people in communities around the country, during Oprah Winfrey’s “The Life You Want Weekend” in Seattle Nov. 8. The award was given by Winfrey and Paralympic bronze medalist snowboarder Amy Purdy. Continue reading 

Biz Beat 11-6-2014

A Whiteaker neighborhood building and land at 252 Lawrence St., across the street from Crux Rock Climbing Gym, has been sold to Rick Wright, the CEO of Market of Choice, to become an events center, and we heard from one small business being evicted, Bohemia Café & Apothecary. Co-owner Felicia Parra-Colden tells us the eviction was given with short notice, but she was able to negotiate more time to relocate. Continue reading 

Biz Beat 10-23-2014

InEugene Real Estate is Eugene’s newest real estate brokerage, located at the corner of East Broadway and Oak Street. Eugene native and principal broker Ben Fogelson says he is being “highly particular about selecting agents” for his brokerage. “Being a high-producing agent doesn’t get you in the door,” he says. “We are not, nor will we ever be salespeople. Continue reading 

Biz Beat 10-16-2014

Sweet Potato Pie is closing after 20 years in business in Eugene, first downtown on 11th Avenue and then at 775 Monroe St. next to Sweet Life in the Whiteaker. The store features locally made clothing and natural products and Saturday will be the last day. Owner Elizabeth Thompson says the move away from downtown was expensive and foot traffic in the Whiteaker has been bad. She has kept the store going over the past five years by working full-time jobs around town. Continue reading