Economy

Flexible investment opportunity in retail

2425-2475 25th St SE | Salem, OR 97302 Property Details Sale Price: $3,300,000 Year Built: 1977 Property Type: Industrial Building Size: 15,000 SF Property Description Introducing 2425-2475 25th St, an exceptional investment opportunity...

City of Salem Projects $18 Million Budget Shortfall for 2026, Plans for Financial Strategy

The City of Salem recently released its preliminary five-year financial forecast, projecting an $18 million shortfall in the General Fund for Fiscal Year 2026, with the gap expected to widen...

Oregon's prison system: A call for reform and support

The State Representative emphasizes the critical role of correctional facilities in public safety and rehabilitation after visiting Coffee Creek Correctional Facility. Urgent issues include low staff morale, frequent lockdowns, and the need for improved hiring, training, and evaluation practices. Legislative reforms are advocated to enhance safety and rehabilitation efforts in the corrections system.

Willamette MBA students drive real community impact

Willamette University's MBA program emphasizes genuine experiential learning by engaging students in real-world projects that positively impact the community. Through courses like PACE, students consult for local businesses, while initiatives like PICI allow them to distribute grants to nonprofits. This hands-on approach not only builds professional skills but nurtures a sense of community commitment.

Salem Housing Authority Earns National Recognition for Historic Yaquina Hall Restoration

The Salem Housing Authority (SHA) received prestigious awards for transforming Yaquina Hall into supportive housing, providing 52 units for those experiencing homelessness and disabilities. Recognized for excellence in historic preservation, the project highlights the effective use of historic tax credits to revitalize historic spaces while addressing urgent housing needs in the community.

Latino Business Alliance: Bridging Gaps and Building Businesses in Salem

The Latino Business Alliance (LBA), founded during the Great Recession in Salem, Oregon, supports small Latino business owners by providing essential resources and a community network. Co-founders Jose Gonzalez and Balthazar Molina aim to empower underserved entrepreneurs, helping them thrive amidst challenges, as exemplified by success stories like Andres' mobile repair service.

The Forge: Rekindling Community Spirit in Downtown Salem

Local investors have revitalized the old Liberty Plaza, transforming it into The Forge, a community-focused business hub. With diverse spaces including a family-friendly sports bar, women-centric businesses, and exclusive gathering areas, The Forge aims to foster entrepreneurship and enhance Salem's downtown, contributing to the city’s growth and vitality.

Warehouse on Cherry

The Oregon Building

Property Description Own a piece of Salem's history with this impressive 43,280 SF office building. Originally built in 1912, this historic property features 34 separate leasable units, offering ample space...

Kaiser Permanente Invests $3.3 million in Community

Kaiser Permanente of the Northwest awarded $3.3 million in grants to 11 nonprofits to combat social isolation among BIPOC, immigrant, and LGBTQ+ communities. This initiative addresses the negative health impacts of isolation, particularly exacerbated by COVID-19. The funding supports culturally responsive programs that foster community connections and address generational trauma.