Opportunities for Commercial Business

In Forest Grove Oregon

2013/2014

Updated 1/15/14 0

Index

Highlights ...... 2 Demographic Summary ...... 4 Population & Other Demographics ...... 5 Workforce ...... 6 Housing Sales And Permits ...... 8 Income & Consumer Buying Power ...... 9 Unmet Retail Needs ...... 11 Traffic Counts & Transportation Access ...... 15 Commercial Sector Opportunities ...... 17

RESTAURANT/DINING OPPORTUNITIES ...... 17

TOURISM/VISITOR GROWTH ...... 21 Pacific University And Other Local Institutions ...... 24 Available Sites ...... 26 Contacts ...... 28 Appendix ...... 28

AVAILABLE SITES & PROPERTIES ...... 28

Updated 1/15/14 1

Highlights

Forest Grove Oregon, sitting next to the Silicon Forest, is part of the dynamic Portland metropolitan area. The City is located in Washington County on Portland’s Westside. It is the wealthiest county in Oregon. Since 2000, Forest Grove has been growing faster than the State of Oregon and the Portland metropolitan area. With lower business costs, growth in high‐ end residential homes and income, a center for area tourism and recreational activities, and a business friendly environment, come see what commercial opportunities Forest Grove has to offer!

Median Household Income & Population (2011) Mile Radius Income Population 10 $60,057 174,317 5 $54,286 52,701

™ Within a 5 mile radius of the intersection of Highway 8/47 in Forest Grove there is consumer retail demand of $687 million, but only a supply of $461 million creating a gap of $225 million.

™ In 2013 there are 25 active subdivisions accounting for 1,188 approved lots. Of this number 446 building permits or 38% have been issued.

™ There are major unmet retail demands in the following areas: • Furniture Stores • Bakery • Home Furnishings • Electronics/Appliances • Specialty Food Stores • Clothing And Accessories • Office Supply and Stationary/Gift Stores • Limited Service Eating Places • Building Materials • Garden Equipment • Jewelry • Luggage & Leather Goods

Updated 1/15/14 2

™ Name brand retail companies in Forest Grove include: • Les Schwab Tire Center • Parr Lumber • Napa Auto Parts • Goodwill • Safeway • US Bank • Wal‐Mart • Starbucks • Pizza Hut • Ace Hardware • Bi‐Mart • Wells Fargo • Quizno’s • AutoZone • Dollar Tree • 7‐Eleven • Godfathers Pizza • Pizza Schmizza • McDonalds • O’Reilly Auto Parts • Jack‐in‐the Box • Dutch Bros Coffee • Best Western Hotel • Barnes & Noble bookstore • Taco Bell

™ A super Walmart at the City of Forest Grove/Cornelius border opened in the Fall of 2010.

™ Seven new retail businesses have opened in the downtown in the last 2 years, while four have closed. Three major buildings have been renovated.

™ McMenamins Grand Lodge, a small resort with 77 guest rooms, featuring lodging, restaurant, bars, spa, movie theater, frisbee golf, soaking pool, and other amenities has experienced solid growth.

™ Pacific University continues to invest and grow in Forest Grove. The current graduate and undergraduate student population is 3,433. Major investments in the past few years are a $12 million 42,000 LEED academic building, a 163 bed, 4‐story LEED dormitory and a $11 million Lincoln Park sports complex including 300 and 500 seat stadiums, and track and field center, attracting semi‐professional and amateur sporting events.

Updated 1/15/14 3

Demographic Summary

Measurable 3 Miles 5 Miles 10 Miles 2013 est. Population 32216 49398 174317(2011) 2018 proj. Population 35265 54048 ─ 2013 est. White 73.40% 76.00% 74.14% (2011) 2013 est. Black 0.90% 1.00% 1.46% (2011) 2013 est. Asian/Pacific Islander 2.60% 2.80% 6.6% (2011) 2013 est. American Indian/Alaska Native 1.20% 1.10% 1.29% (2011) 2013 est. Latino 34.5% 29.6% 22.4% (2011) 2013 est. Households 10,584 49,398 59,910 (2011) 2011 est. Median Effective Buying Income $39,331 $42,872 46610 2016 proj. Median Effective Buying Income $39,921 $43,640 $47,279 2013 est. Median Household Income $47,588 $52,831 $60,057 (2011) 2013 est. Per Capita Income $18,538 $21,039 $24,400 (2011) 2011 est. Average Travel Time To Work 28min 28min 27min 2013 est. Labor Pop. ≥16 24,286 37,591 131,750 (2011) 2013 est. Labor Force in Armed 4,857 7,518 13,175 (0.1%) Forces (0.20%) (0.20%) (2011) 2013 est. Labor Force Civilian 1,493,589 2,311,846 8,445,175 (64.1%) Employed (61.50%) 61.50% (2011) 2013 est. Labor Force Civilian 162,716 240,582 Unemployed (6.70%) (6.40%) 909,075 (6.90%) 2011 est. White Collar Workers 47% 51% 59% 2011 est. Blue Collar Workers 27% 25% 21% 2011 est. Farm/Service Workers 26% 23% 20% 2011 est. Aggregate Effective Buying Income $507.68M $874.06M $3,257.82M 2010 Median Home Value $209,954 $235,704 $256,875 (2011) 2010 Median Rent $752 $747 ─ 2013 est. Total Businesses 842 1727 ─ 2013 est. Total Employees 8652 19024 ─

Updated 1/15/14 4

Population & Other Demographics

The population of Forest Grove in 2012 is 21,460. Since 2000, Forest Grove has grown 21.19%, a faster rate than the State of Oregon, Portland Metropolitan area and Washington County.

Area Population 2012 Growth % since 2000 Oregon 3,883,735 12% Portland PMSA 2,266,572 15% Washington County 542,845 19% Forest Grove 21,460 21%

Population 3 Miles 5 Miles 10 Miles 2016 Projection 37,222 57,215 190,052 2011 Estimate 34,400 52,701 174,317 2000 Census 28,910 43,501 94,544

• Within a 5 mile radius of Forest Grove there is a population of 52,700 in central Washington County estimated for 2011.

• Within a 10 mile radius of Forest Grove there is a population of 174,317 in central Washington County.

• There is a labor force of 84,497 within a 10‐mile radius of Forest Grove.

• Looked at in another measure there is a population of 39,000 within a 10 minute drive from the center of Forest Grove and within a 15 minute drive there is a population of 88,000

• The number of households in Forest Grove has changed from 14,487 to 17,107, resulting in an increase of 18.1% between 2000 and 2011. Over the next five years, the number of households is projected to increase by 9.1%.

Updated 1/15/14 5

Workforce

As of August 2013, Washington County's nonfarm employment was 256,200, an increase of 2.2 percent since August 2012. The seasonally adjusted unemployment rate was 6.4 percent, down from 7.0 percent in August 2012. The 2012 average wage in Washington County was $58,926, significantly higher than the statewide average of $44,273.

Labor Force (2013 1 mile 3 mile 5 mile 10 mile est.) (2011 est.) Total Population 7,719 32,216 49,289 174,317 Labor Population 5,907 24,286 37,591 131,750 16+ Civilian Employed 3,379 14,936 23,118 84,497 Civilian 419 1,627 2,406 9,151 Unemployed Armed Services 0 49 75 185 Not in Labor Force 2,109 7,650 11,992 37,917

Education Adults 1 mile 3 mile 5 mile 10 mile 25+ (2011 est.) (2013 est.) Less than High 21.5% 21.7% 18.5% 15.1% School High School 34.7% 29.6% 27.9% 23.3% Some College 23.9% 24.1% 23.8% 24.7% Associates 6.2% 6.7% 7.4% 8.2% Bachelor Degree 10.0% 12.2% 15.3% 18.6% Above Bachelor 3.8% 5.8% 7.0% 10.0% Degree

Employment (2013 1 mile 3 mile 5 mile 10 mile est.) (2011 est.) Number of Jobs 3,798 16,636 25,599 93,833 % Unemployed 7.10% 6.70% 6.40% 6.95%

Updated 1/15/14 6

Wage Rates for Washinton Selected Categories Co./Multnomah Co. (2012) 25th Median percentile Supervisors of food $10.98 $13.47 prep workers Cooks, short order $9.63 $10.54 food prep workers $9.22 $10.31 Cooks, Restaurant $10.90 $11.26 Waiters/Waitresses $9.17 $10.52 Retail Salesperson $9.39 $10.90 Supervisors of $15.38 $17.88 retail workers Supervisors of non‐ $22.65 $31.16 retail workers cashiers $9.34 $10.71 telemarketers $11.22 $13.22 accounting clerk $15.02 $17.35 file clerk $11.35 $14.69

Updated 1/15/14 7

Housing Sales and Permits

• The median sale price Jan‐Jun 2013 is $221,700 for an 11% increase from June 2012.

• From January to June of 2013 the average home sale price over the Forest Grove‐Hillsboro Sub Market is $237,400.

• The median home price for Jan‐Jun 2013 in Forest Grove is 18.5% lower than the Portland Metro Area and frequently has more amenities or built on larger parcels.

• Forest Grove has a diverse housing stock for all income levels including service industry workers. The City has starter single family homes, 229 duplexes and over 1,800 multi‐family units. Rents are also lower on average than other cities on the Westside of Portland. According to the 2010 US Census, 57% of Forest Grove housing was owner‐occupied and 43% rented.

250

209 200

150

100 94

59 50

0 FY 10/11 FY 11/12 FY 12/13

Housing starts Single/MF Combined FY 12/13 209

FY 11/12 94 FY 10/11 59

Source: City of Forest Grove, Planning Division, Eden Building Permit Database

Updated 1/15/14 8

Income & Consumer Buying Power

• The 2011 Median Household Income and Effective Buying Income is as follows:

0‐3 Mile Radius 0‐5 Mile Radius 0‐10 Mile Radius 2011 Median Household $48,864 $54,286 $60,057 Income 2011 Est. Average $44,733 $51,093 $54,378 Effective Buying Income 2011 Est. Median $39,331 $42,872 $46,610 Effective Buying Income Source: The Nielsen Company 8/2011

• The 2016 Median Household Income and Effective Buying Income is as follows:

0‐3 Mile Radius 0‐5 Mile Radius 0‐10 Mile Radius 2016 Median Household $49,692 $55,516 $61,070 Income 2016 Est. Average Effective Buying Income $45,675 $52,389 $55,478 2016 Est. Median Effective Buying Income $39,921 $43,640 $47,279 Source: The Nielsen Company 8/2011

• The 2010 US Census showed that the Median Household Income grew faster in Forest Grove over a 10 year period than the region as whole.

Area % Growth in Median HHI 2000‐2010 Forest Grove 15% Washington County 14% Portland PMSA region 11% Oregon 12%

• The 2010 U.S. Census showed that Forest Grove caught up with the State of Oregon Median Household Income ($47,120 for Forest Grove vs. $46,536 for the State of Oregon. The highest Median

Updated 1/15/14 9

Household Income in the region was Washington County at $60,555. However, 3 of Forest Groves’ 6 US Census Block Groups had a Median Household Income higher than the County. These areas within Forest Grove continue to experience high growth and more expensive single family income construction.

Updated 1/15/14 10

Unmet Retail Needs

• 2011 Largest Consumer Spending Categories

3 Mile 5 Mile 10 Mile Total Retail Goods $432,805,251 $687,328,808 $2,443,379,148 Motor Vehicle and Parts $71,120,187 $116,233,866 $421,521,453 Dealers Food and Beverage $63,197,559 $97,574,280 $337,403,977 Stores Automotive Dealers $59,109,734 $96,237,370 $350,316,753 General Merchandise $60,770,028 $95,879,811 $337,229,632 Stores Grocery Stores $57,229,030 $88,335,505 $305,246,237 Supermarkets, Grocery $54,391,572 $83,995,288 $290,349,125 (Ex Conv) Stores Foodservice and $45,307,171 $70,995,254 $255,390,422 Drinking Places Building Material, $41,711,415 $67,851,175 $244,820,096 Garden Equip Stores

• 2011 Unmet Gap Of Merchandise Lines

Merchandise Line 0‐3 Miles Unmet 0‐5 Miles Unmet Retail Gap Retail Gap Groceries and Other Foods $29,673,655 $26,507,168 Meals and Snacks $17,157,363 $23,783,123 Drugs, Health Aids and Beauty $8,376,403 $21,459,604 Aids Women's, Juniors' and Misses' $9,542,280 $17,986,741 Wear Men's Wear $6,195,893 $11,371,321 Children's Wear $5,302,776 $9,413,198 Furniture and Sleep Equipment $4,687,734 $8,466,588 Kitchenware and Home $5,381,043 $8,128,168 Furnishings Computer Hardware, Software $4,366,202 $8,009,195 and Supplies Automotive Fuels $7,896,496 $7,167,538 Cars, Trucks, Other Powered $51,396,974 $(6,211,890) Transportation

Updated 1/15/14 11

• 2011 Unmet Gap Of Retail Sectors

Retail Sector 0‐3 Miles Unmet 0‐5 Miles Unmet Retail Gap Retail Gap Home Furnishings‐4422 $3,857,968 $6,351,541 Jewelry, Luggage, & Leather $2,412,674 $4,302,972 Goods‐ 4483 Clothing and Accessories‐448 $18,967,990 $27,832,954 Office Supply. Stationary/Gift $3,757,387 $5,155,001 stores‐ 4532 Furniture Stores‐ 4421 $2,876,448 $5,470,140 Building Materials, Garden $26,543,230 $34,369,339 Equipment‐ 444 Limited Service Eating Places‐ $9,691,605 $14,579,706 7222 Specialty Food Stores‐ 4452 $498,656 $1,044,858 Electronics/Appliances‐ 443 $2,110,389 $4,992,152

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• 2011 Retail Market Sector by Largest Unmet Gap

3 Mile 3 Mile 3 Mile 5 Mile 5 Mile 5 Mile % Unmet % Unmet Retail Sector Retail Demand Retail Gap (leakage) Retail Demand Retail Gap (leakage)

Home Furnishings‐4422 $4,099,973 $3,857,968 94% $6,686,053 $6,351,541 95%

Jewelry, Luggage, & $2,631,953 $2,412,674 92% $4,533,994 $4,302,972 95% Leather Goods‐ 4483 Clothing and $20,509,929 $18,967,990 92% $33,302,144 $27,832,954 84% Accessories‐448 Office Supply. $4,449,283 $3,757,387 84% $7,132,419 $5,155,001 72% Stationary/Gift stores‐ 4532 Furniture Stores‐ 4421 $4,500,427 $2,876,448 64% $7,606,400 $5,470,140 72%

Building Materials, $41,711,415 $26,543,230 64% $67,851,175 $34,369,339 51% Garden Equipment‐ 444 Limited Service Eating $19,129,717 $9,691,605 51% $29,960,842 $14,579,706 49% Places‐ 7222 Specialty Food Stores‐ $1,983,033 $498,656 25% $3,061,082 $1,044,858 34% 4452 Electronics/Appliances‐ $10,419,406 $2,110,389 20% $16,758,121 $4,992,152 30% 443 Source: The Nielsen Company 8/2011

Updated 1/15/14 13

• 2011 Merchandise Line Profile by Largest Unmet Gap

3 Mile 3 Mile 3 Mile 5 Mile 5 Mile 5 Mile % Unmet % Unmet Merchandise Line Retail Demand Retail Gap (leakage) Retail Demand Retail Gap (leakage)

Groceries and Other 83,253,254 $29,673,655 36% 128,495,826 $26,507,168 21% Foods Meals and Snacks 36,296,066 $17,157,363 47% 56,979,229 $23,783,123 42%

Drugs, Health Aids and 36,467,764 $8,376,403 23% 56,574,354 $21,459,604 38% Beauty Aids Women's, Juniors' and 16,422,533 $9,542,280 58% 26,784,941 $17,986,741 67% Misses' Wear Men's Wear 10,703,465 $6,195,893 58% 17,413,019 $11,371,321 65%

Children's Wear 8,966,263 $5,302,776 59% 14,029,104 $9,413,198 67%

Furniture and Sleep 7,888,086 $4,687,734 59% 13,387,193 $8,466,588 63% Equipment Kitchenware and Home 8,218,557 $5,381,043 65% 13,553,152 $8,128,168 60% Furnishings Computer Hardware, 7,306,817 $4,366,202 60% 11,704,068 $8,009,195 68% Software and Supplies Automotive Fuels 26,610,912 $7,896,496 30% 41,673,074 $7,167,538 17%

Cars, Trucks, Other 58,875,331 $51,396,974 87% 95,763,382 $(6,211,890) ‐6% Powered Transportation

Updated 1/15/14 14

Traffic Counts & Transportation Access

With the increase of population, vehicle travel has also increased.

• Forest Grove is only 24 miles to downtown Portland.

• Forest Grove can be accessed by State Highway 8 (Tualatin Valley Highway) or Highway 47 in Forest Grove. US Highway 26 is 6 miles to the north. Direct connections to Highway 26 can be made through Highway 47 bypass in Banks or through Verboort, Cornelius or North Plains. It is approximately 8 miles to Hwy 26, 25 miles to I‐405, 16 miles from Highway 217, and 20 miles to I‐5..

• Highway 47 (Quince Street) and Highway 8 (Pacific Avenue) intersect in Forest Grove. At this location there is an Average Daily Traffic count (ADT) of:

ƒ 36,000 vehicles on TV Highway 8 (Pacific Avenue). ƒ 22,000 on Highway 47 (Quince St.) just north of Pacific Avenue (TV Highway 8).

• The 57‐TV Hwy/Forest Grove Trimet bus route connects Forest Grove, Cornelius, Hillsboro, Aloha and Beaverton, via Pacific, Baseline, TV Highway and Canyon Road. During the weekday morning and afternoon rush hours, buses run about every 15 minutes. Service operates from 4:00 am to 1:00 am weekdays, 5:00 am to 1:00 am Saturdays and Sundays.

• GroveLink transportation was added to the Forest Grove community in 2013. Extending beyond TriMet’s line 57, the GroveLink bus serves a greater part of the city, helping to link residents with downtown locales as well as with bus line 57.

• Light Rail station to Portland and the westside suburbs is only 6 miles from the center of Forest Grove. Connections can be made via frequent public bus service that arrives every 15 minutes during peak times.

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GroveLink

Updated 1/15/14 16

Commercial Sector Opportunities Restaurant/Dining Opportunities

There is a large unmet need for restaurant and dining business opportunities in Forest Grove. There is continuing growth in higher‐ income families and college students. The greatest needs are for higher‐ end fine dining restaurant and a larger mid‐scale family restaurant including the need for a full breakfast menu.

POPULATION Population 3 Miles 5 Miles 10 Miles 2016 Projection 37,222 57,215 190,052 2011 Estimate 34,400 52,701 174,317 2000 Census 28,910 43,501 94,544

The total spent on Food Away from Home is substantial : Drive Time 3 minutes 10 minutes 15 minutes Food Away from $15,891,718 $35,881,510 88,743,231 Home

• An RMP Opportunity Gap analysis shows the following unmet demand where demand is higher than existing supply:

0‐3 miles 0‐5 miles 0‐10 miles Full Service $7,541,544 $8,471,000 $25,783,000 Restaurant (7221) Limited Service $9,691,000 $14,579,000 $29,182,000 Eating Place (7222) Special Food $3,521,000 $5,155,000 $9,443,000 Services (7223)

Source: Nielson Claritas, August, 2011

Updated 1/15/14 17

Fine Dining

• There are two fine dining restaurant in the area including Forest Grove, Cornelius, Gaston, Banks. North Plains and the surrounding villages. Both are in Forest Grove ‐1910 Main, An American Bistro and Stecchino Bistro. A third, featuring Italian/French/tapas cuisine is scheduled to open in downtown Forest Grove late January 2014. o There are 2 fine dining restaurants within a 1 miles radius o There are 2 fine dining restaurants within a 5 miles radius o There are 2 fine dining restaurants

• The closest quality restaurants are at Orenco Station in Hillsboro, approximately 10 miles away. They include: o Swagath: Indian o Orenco Grill: American

• Approximately 11.5 miles away in the Tanasbourne area there are several casual upscale chain restaurants including: o PF Changs: Chinese o Stanford’s: American o Spaghetti Factory: Italian o Bugattis: Italian o Le Hana: Independent‐Japanese

• Approximately 12 miles to the west of Forest Grove heading into the Tillamook State Forest there is one fine dining restaurant o OutAZblue: Mediterranean/Italian

Family Dining There is a need for additional family restaurants

• The only sit‐down full‐service family restaurant within a 8 mile radius is Prime Time Sports Bar and Restaurant in eastern Forest Grove on Hwy 8. They have recently rebuilt a new facility with a large amount of seating and a large menu offering breakfast, lunch and dinner. Mcmenamins Grand Lodge also has a full menu

Updated 1/15/14 18

including pizza and burgers. Godfathers Pizza is at the Ballard Towne Shopping Center in Forest Grove with a fair amount of seating. In downtown Hillsboro, there is an Elmers that serves a full menu of home‐cooked type meals including breakfast. Approximately 10 miles away on TV Highway 8, there is a Shari’s, Izzy’s Pizza‐ an american food buffet, and a Red Robin. There are no other facilities within a 10 mile radius in any direction.

• There are only three fast‐food operations in Forest Grove: a McDonalds, Taco Bell and a Jack in the Box. Within five miles in Cornelius there is a Sonic and Burger King. There are four pizza chains Domino’s, Papa Murphy’s, and Godfathers Pizza and one local chain, Pizza Schmizza. There is one sub sandwich chain, Subway and two local independents: Phil’s subs and Little Monkey Deli. In Cornelius within 6 miles there is a Little Caesars Pizza.

• The ethnic restaurants represented in Forest Grove are Mexican (3), Chinese (3). Middle Eastern (1) Thai (2) British (1), Japanese (1) .All are local independents. In Cornelius within 5 miles is one Chinese restaurant and multiple Mexican eateries. In downtown Hillsboro approximately 8 miles away there is a high quality Japanese restaurant ‐Syun, one Chinese and two Thai and multiple Mexican. While the food is good and the facilities clean, most have limited seating. They are all independents.

Breakfast

There is a need for a full service sit down breakfast menu. In addition, there is a large population attending church services on Sunday.

• Within Forest Grove, Cornelius, Banks, and Gaston there are limited options. • Two larger facilities, Prime Time and McMenamins restaurants, serve daily breakfast until 2pm. Currently Maridon and 22nd Street Station serve a full breakfast daily but are very small establishments with limited seating. In downtown Forest Grove

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1910 –Main serves a breakfast on weekends while Maggies Buns (closed on Sunday) and Connies Corner Café and Ice Cream have a limited breakfast menu.

• There are no breakfast establishments in Cornelius. Heading east within downtown Hillsboro ‐8 miles away there is an Elmers. Heading west of Forest Grove toward Tillamook State Forest there is a full daily breakfast menu at Colemen’s 10 miles away.

Updated 1/15/14 20

Commercial Sector Opportunities Tourism/Visitor Growth

The Washington County Visitors Association reported the following tourism and travel impacts for Washington County in 2012:

Total overnight Trips: 2,582 Total nights stayed: 7,166 Total Travel Spending: 587.4 Million

Day Trip Day Trip Size Stay (nights) 2012p Travel Party Person Party Length of Day Night Day Night Size Stay (nights) Hotel, Motel $255 $531 $119 $243 2.10 2.10 Private Home $61 $193 $31 $95 2.00 3.20 Other Overnight $92 $319 $32 $111 2.80 3.50 All Overnight $104 $296 $51 $142 2.00 2.80

Washington County Travel Trends, 2009‐2012p

Spending Earnings Employment Tax Receipts (Thousands) (millions) (millions) Local State Total 2009 $482.2 $127.6 5,480 5,684 14,790 20,473 2010 $538.4 $134.5 5,640 6,120 15,792 21,912 2011 $602.3 $139.4 5,830 7,691 19,861 27,552 2012p $598.2 $147.9 5,900 7,333 19,908 27,241 Annual Percentage Change 11‐ ‐0.7% 6.1% 1.1% ‐4.7% 0.2% ‐1.1% 12p 91‐ 5.1% 4.8% 2.0% 6.4% 5.4% 5.6% 12p

Updated 1/15/14 21 Washington County Travel Impacts, 2002‐2012p

2002 2004 2006 2008 2010 2011 2012p Total Direct Travel Spending ($Million) Destination 328.7 355.5 417.2 446.7 444.2 492.4 487.6 Spending Other Travel 46.3 66.2 89.7 111.3 94.1 109.9 110.5 Total Direct 375.0 421.7 506.9 558.0 538.4 602.3 598.2 Spending Visitor Spending by Commodity Purchased ($Million) Accommodation 51.8 55.5 70.9 80.9 70.4 86.3 86.6 s Food Service 99.9 108.8 126.5 135.1 143.3 154.6 154.8 Food Stores 26.1 29.0 31.9 35.1 35.9 38.4 38.0 Local Tran. & 34.8 43.6 57.2 67.0 62.3 74.1 71.9 Gas Arts, Ent. & Rec. 42.9 45.4 50.1 49.9 50.3 52.7 51.8 Retail Sales 73.1 73.3 80.6 78.8 82.1 86.3 84.6 Destination 328.7 355.5 417.2 446.7 444.2 492.4 487.6 Spending Industry Earnings Generated by Travel Spending ($Million) Accom. & Food 61.2 66.2 78.8 88.2 85.4 87.1 94.8 Serv. Arts, Ent. & Rec. 12.3 12.7 14.3 16.4 15.6 17.3 17.5 Retail 11.3 12.4 13.7 14.3 14.5 15.0 15.0 Ground Tran. 4.8 5.2 5.9 6.3 6.2 6.8 6.7 Other Travel 8.7 11.9 12.4 14.2 12.8 13.2 13.9 Total Direct 98.3 108.4 125.2 139.5 134.5 139.4 147.9 Earnings Industry Employment Generated by Travel Spending (Jobs) Accom. & Food 3,180 3,240 3,570 3,820 3,600 3,670 3,780 Serv. Arts, Ent. & Rec. 760 750 800 890 880 970 970 Retail 470 490 540 550 550 570 540 Ground Tran. 210 210 220 220 210 230 220 Other Travel 340 400 410 460 410 400 390 Total Direct 4,950 5,100 5,550 5,950 5,640 5,830 5,900 Employment

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• Forest Grove offers the most wineries in the 6‐county Portland metro area. There are 12 wineries in the Forest Area and many more not too far away.

• Forest Grove is building a branding identity affiliated with local wine, while also looking to establish a wine center as the northern gateway to wine country. The City is seeking to get a share of the fast growing wine enthusiast tourism sector. These people are very valuable because they tend to spend more on average than others. They also have cross‐over interests such interest in fine dining, outdoor recreation and history and heritage. Two fine dining restaurants serve wine country tourists and visitors. Grove also has two B&B’s/Inns that are marketing to this industry. They are also looking to establish small winery tours. Washington County wineries have been strengthening the Washington County Vintners Association, to develop wine tourism –much of it would come right through Forest Grove.

• Forest Grove attracts tourists and visitors with an amateur sports athletic complex; outdoor recreation such as Tillamook State Forest, Hagg Lake, bicycling tour routes, Fernhill Wetlands Birding sanctuary; and history and heritage including Pacific University.

• Lastly for a small city, Forest Grove runs several colorful events including the Concours d’ Elegance car show, Main Course/Forest Grove Uncorked Food and Wine on Main Street, Sidewalk Chalk Art Fest, First Wednesday, Christmas Light Parade, University Hawaiian Luau, Pacific University Performing Art Series and Farmers Market

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Pacific University and Other Local Institutions Pacific University

• Pacific University offers both undergraduate and graduate degrees in liberal arts and the fast growing healthcare field. Pacific has nearly 3,500 students (1,720 undergraduates and 1,713 graduates). Their strategic plan calls for growth to 4,000 students.

• Pacific employs nearly 500 faculty and staff. The University also attracts non‐students with professional summer conferences, alumni events, college athletic events and a range of arts and culture programs for the public including concerts, art, theatre and more.

• Founded in 1849, the private liberal arts university offers 52 undergraduate degrees in the College of Arts and Sciences including the new dental hygiene program. They also offer professional programs in education and five health professions including optometry, professional psychology, occupational therapy, physician assistant, and pharmacy.

• Major investments in the past two years are a $12 million 42,000 LEED academic building, a 163 bed, 4‐story LEED dormitory and a $11 million Lincoln Park sports complex including 300 and 500 seats stadium, and track and field center, attracting semi‐professional and amateur sporting events.

• Each fall, a new freshman class of 500 students arrive on campus. They make expenditures on a range of items to outfit there dormitory or on‐campus apartment.

• The university attracts additional visitors into the region with a number of college and community events such as parent and alumni functions, sport events, a performing arts series, fine art, lectures, workshops and small conferences. They also hold annual events such as the Founders Day Corn Roast and Hawaiian Luau.

Updated 1/15/14 24

Pacific University and Other Local Institutions Other Institutions

Forest Grove has two large institutions, Pacific University and Merix Company and one sector –Assisted Living that generates a need to entertain clients, friends and family.

• McMenamins Grand Lodge. Part of the regional chain of lodges and restaurants. This former Masonic & Eastern Star property is a 77 guestroom resort rich with historic significance, restaurants, live music, a spa and charm—and on the edge of Oregon wine country. The Lodge’s two restaurants serve local and seasonal pub fare. Choose from distillery flights or signature cocktails; unwind with inventive beers and wines crafted from the very grapes and hops that characterize the Cascade region. The disc golf clubhouse, Pat's Corner, offers seasonal outdoor seating on the lawn where you can glimpse the course, and, in summer months, enjoy live music along with your drinks on Thursday, Friday and Saturday evenings.

• Viasystems Group, Inc. Circuit board manufacturer, Viasystems Group is the largest employer in Forest Grove. They are a global company, with facilities in Forest Grove, California and China. They operate 7 days a weeks. Their largest manufacturing facilities and headquarters are in Forest Grove. They employ 1,000 in Forest Grove.

• Assisted Living Care. On a per capita basis, Forest Grove has one of the highest concentrations of Assisted Living and Nursing Home Care in the United States. There are 8 major facilities in the City. They account for 700 residents in their facilities. These eldercare facilities do some group trips for a meal. More importantly, they attract visits from their children and relatives. When in town they seek local dining options for what are often short visits.

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Available Sites

Commercial/Retail Land Location Type Size Sale Info Contact Pacific Ave (Hwy 8) Zoned community 9.88 acres full site 5 For Sale Or Multiple Ross Vontver Merlone Geier Partners 425‐214‐3387 commercial. Retail, pads .73ac, .74ac, .80ac, pads for lease [email protected] service, office 1.74ac, 5.75ac some site planning and permitting completed. Corner Quince (Hwy Zoned community 8 acres –Site plan being For Sale Albertson’s (208)395‐3617 47) and Pacific (Hwy 8) commercial. Retail, prepared. service, office

Corner Quince (Hwy Zoned community Up to 5,000 sq. ft. For lease ‐ Land Connelly Woody Commercial Realty Advisors (503) 47) and Pacific (Hwy 8) commercial. Retail, buildable space Ground lease or build 274‐0211 cwoody@cra‐nw.com www.cra‐nw.com service, office to suit Broker Flyer 3731 Pacific Ave Zoned community 4 acres with existing Lease, build to suit or Tim Budelman, Broker Norris‐Stevens Office (503) commercial. Retail, 18,500 sq. ft. building For Sale. Can 225‐8472 Cell (503) 710‐1253 timb@norris‐ service, office fronts Pacific Ave. with subdivide. Sale $2.1 stevens.com large parking area. Hwy million frontage 4202 Pacific Ave Zoned Community 37,800 sq. ft. buildable For Sale $450,000 503‐235‐5906 Commercial. Retail, lot ($12/sq. ft.) or build to service, office, mixed suit 2117 Yew Street Zoned community 1.44 acres Level lot, For Sale/Lease or build Brad Young Windemere (503) 860‐4544 direct (503) commercial ready to build to suit $495,000 sale 648‐1169 office www.windemere.com

3438 Pacific Avenue Zoned community 1.5 acres 280’ frontage For Sale 949000 Paul Knighton 503‐475‐6136 Maggie Boehmer 503‐ commercial. Retail, on Pacific. Several 849‐6143 Summa Real Estate Group service, office. small buildings – 7,000 [email protected] sq. ft.

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4233 Pacific Ave Zoned community 2.5 acres commercial For Sale or Lease George or Nick Diamond Real Estate Investment commercial. Retail, land Pacific Ave Group 503‐222‐1655 503‐222‐4764 service, office frontage [email protected]

Commercial/Retail Buildings Location Type Size Sale Info Contact 2030 Main Street Zoned Town Center Core. Newly renovated Seven For Lease: Cindy Sturm Sturm Real Estate Office, retail commercial. suites from 680sf to 1250 sq. $12/sq. ft. [email protected] 503‐356‐ Historic Ingles Pope Building ft. on 2nd floor. First Floor NNN 8767 retail 600 sf, 1,200 sf, 3,900 sf. Pacific/Douglas The Forest Zoned community 3 suites: 1,003sf, 2,110sf, For Lease: $9‐ Pam Rushing Mtn West Real Estate Grove Shopping Center commercial‐retail, service, 14,200sf on Pacific Ave 13/sq. ft. year Coldwell Banker Commercial 503‐ 2311, 2315 Pacific office Douglas Street NNN 556‐5706 www.cbre.com

2933 Pacific Ave Zoned Community 7,500 sq. ft. Subdividable For Lease: Mert Meeker MBM Properties 503‐ Commercial; office, retail, Negotiable 227‐7271 service www.mbmproperties.com 2109 Yew Street Zoned Community Retail/Service/Office 7,000 For lease: HSM Pacific Brock Switzer 503‐245‐ commercial: office, retail, sq. ft. $16/sq. ft. 1400 ext. 518 service NNN [email protected]

Balladtown/Safeway Plaza Office/service/retail/ 1 building, 2 suites 3010A, Space for lease Metro Property Management 3010 Pacific Ave Commercial and B 2,000 sq. ft. total $3,500/mo (866)‐214‐7988 base plus $500/mo NNN Total $4,000/mo

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Contacts

Jeffrey King Economic Development Manager City of Forest Grove P.O. Box 326 1924 Council Street Forest Grove, OR 97116

(503) 992‐3293 jking@forestgrove‐or.gov

Appendix

Forest Grove Available Sites & Properties: http://www.forestgrove‐ or.gov/images/stories/edp/pdf/web_available_sites_2.pdf

Washington County Travel Impacts and Visitor Volume Bureau of Economic Analysis And Bureau Of Labor Statistics Estimates by Dean Runyan Associates: http://www.deanrunyan.com/doc_library/ORImp.pdf

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