20797 NW O'Neil Hwy Redmond - Homebook

*Customary for Seller to Pay

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* Items listed are intended to represent only what may be customarily charged and may not reflect actual charges at closing. Consult with your real estate professional or title company representtaive for actual charges specific to your transaction.

Seller to pay full escrow fee (includes buyer escrow fee)

This week the median list price for Redmond, OR 97756 is $599,055 with the market action index hovering around 41. This is an increase over last month's market action index of 38 Inventory has increased to 115

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory

Redmond, OR 97756

Real-Time Market Profile

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Market Segments

Each segment below represents approximately 25% of the market ordered by price

Median List Price

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Segments

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

Market Action Index

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Market Action Segments

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.

Median Days on Market (DOM)

The properties have been on the market for an average of 97 days. Half of the listings have come newly on the market in the past 68 or so days. Watch the 90-day DOM trend for signals of a changing market.

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Property Profile Taxes Deed

Crook County Property Summary Report

Report Date: 3/14/2023 2:04:14 PM

Disclaimer

The information and maps presented in this report are provided for your convenience. Every reasonable effort has been made to assure the accuracy of the data and associated maps. Crook County makes no warranty, representation or guarantee as to the content, sequence, accuracy, timeliness or completeness of any of the data provided herein. Crook County explicitly disclaims any representations and warranties, including, without limitation, the implied warranties of merchantability and fitness for a particular purpose. Crook County shall assume no liability for any errors, omissions, or inaccuracies in the information provided regardless of how caused. Crook County assumes no liability for any decisions made or actions taken or not taken by the user of this information or data furnished hereunder.

Account Summary

Account Information

Mailing Name:

Map and Taxlot:

Account:

Tax Status:

Situs Address:

Property Taxes Assessment

Ownership

Mailing Address:

Subdivision: Block: 32 Lot:

Assessor Acres:

RUSSELL JOSEPH L Taxable

14141900-00301-447

447 20797 NW O'NEIL HWY, REDMOND OR 97756

Tax Code Area: Current Tax Year: 0021 2022 20.00

Property Class: 471

Warnings, Notations, and Special Assessments

RUSSELL JOSEPH L

20797 NW O'NEIL HWY

REDMOND, OR 97756-7115

Valuation $332,870 $1,214,520

Land Structures

Total $1,547,390

Current Assessed Values:

Maximum Assessed Assessed Value

Real Market Values as of Jan. 1, 2023 $558,300 $558,300

Veterans Exemption $0.00

Tax Payment History

Sales History

Related Accounts

Related accounts apply to a property that may be on one map and tax lot but due to billing have more than one account. This occurs when a property is in multiple tax code areas. In other cases there may be business personal property or a manufactured home on this property that is not in the same ownership as the land.

CODE:

Property Maps

Rimroc k Trails

Barnes But te Elementary Sc hool

Crook Count y High Sc hool

Crook Count y Middle Sc hool

Powell But te Elementary Sc hool

Community Services

Schools Report

Places to Go & Things to Do

Food Trucks/Carts

https://www.visitbend.com/food-drink/restaurants/food-carts/

https://www.google.com/search?q=food+carts+near+me&rlz=1C1GCEU_enUS874US875&oq=food+cart s+&aqs=chrome.2.69i57j0i512j0i457i512j0i402j46i175i199i512l2j0i512l4.9132j0j15&sourceid=chrome&i e=UTF-8

https://www.menupix.com/oregon/cn/158/370037/Food-Trucks-Prineville

https://www.google.com/search?q=food+trucks+in+sisters+oregon&rlz=1C1GCEU_enUS874US875&ei= nMxVYpS4Ns2dkPIPufeDoAg&oq=food+trucks+in+Sisters&gs_lcp=Cgdnd3Mtd2l6EAEYADIFCAAQgAQyB

QgAEIYDMgUIABCGAzoLCC4QgAQQxwEQrwE6BggAEBYQHkoECEEYAEoECEYYAFAAWPcKYNAiaABwAXgA gAHRAYgBugmSAQUwLjYuMZgBAKABAcABAQ&sclient=gws-wiz

https://www.google.com/search?q=food+trucks+in+madras&rlz=1C1GCEU_enUS874US875&ei=nMxVYp S4Ns2dkPIPufeDoAg&ved=0ahUKEwiU9pOLm4_3AhXNDkQIHbn7AIQQ4dUDCA8&uact=5&oq=food+truc ks+in+madras&gs_lcp=Cgdnd3Mtd2l6EAMyBggAEBYQHjIFCAAQhgMyBQgAEIYDOgcIABBHELADOgoIABB HELADEMkDOggIABCABBDJAzoFCAAQkgM6BQgAEIAEOgsILhCABBDHARCvAUoECEEYAEoECEYYAFDeEliM GmDVHGgBcAF4AIABrQGIAZoHkgEDMC42mAEAoAEByAEHwAEB&sclient=gws-wiz

https://www.google.com/search?q=food+trucks+in+culver+oregon&rlz=1C1GCEU_enUS874US875&ei=b M1VYqjDC_bTkPIP_Zuj2AY&ved=0ahUKEwioqYDum4_3AhX2KUQIHf3NCGsQ4dUDCA8&uact=5&oq=foo d+trucks+in+culver+oregon&gs_lcp=Cgdnd3Mtd2l6EAMyBQghEKsCOgoIABBHELADEMkDOgcIABBHELAD OgYIABAWEB46BQgAEIYDOgUIIRCgAUoECEEYAEoECEYYAFD2BljNDmCFEGgBcAF4AIABswGIAcQJkgEDMC 43mAEAoAEByAEEwAEB&sclient=gws-wiz

https://pdx.eater.com/maps/best-restaurants-bend-oregon-guide

Central Oregon Healthy Food

https://www.visitbend.com/food-drink/restaurants/vegan-vegetarian-gluten-free/

https://www.google.com/search?q=healthy+eats+in+central+oregon&rlz=1C1GCEU_enUS874US875&ei =Vs5VYo6xJp_TkPIPjIqV4AI&ved=0ahUKEwiOtOXdnI_3AhWfKUQIHQxFBSwQ4dUDCA8&uact=5&oq=heal thy+eats+in+central+oregon&gs_lcp=Cgdnd3Mtd2l6EAM6BggAEAcQHjoICAAQBxAFEB46BQgAEIYDSgQI QRgASgQIRhgAUABYjyhg6D5oAnABeAGAAe8DiAHND5IBCjIuMTAuMS4wLjGYAQCgAQHAAQE&sclient=g ws-wiz

Kid Friendly Attractions

https://forgetsomeday.com/things-to-do-in-bend-oregon-with-kids/

https://www.cascadiakids.com/things-do-kids-bend-oregon/

https://oldmilldistrict.com/things-to-do-with-kids/

https://www.visitbend.com/things-to-do/activities/kid-family-friendly-activities/

Farmers Markets in Central Oregon

https://visitcentraloregon.com/dining/food/farmers-market/

https://www.localharvest.org/prineville-or/farmers-markets

https://hdffa.org/its-farmers-market-season/

https://redmondoregonfarmersmarket.com/

https://www.sistersfarmersmarket.com/

https://www.localharvest.org/redmond-or/farmers-markets

Central Oregon Breweries

https://northwestmicrobreweries.com/central-oregon

https://www.google.com/search?q=breweries+in+central+oregon&rlz=1C1GCEU_enUS874US875&oq=& aqs=chrome.0.69i59i450l8.68566434j0j15&sourceid=chrome&ie=UTF-8

https://visitcentraloregon.com/dining/drinks/breweries/redmond/

https://beermebend.com/bend-oregon-brewery-locations/

Private Schools in Central Oregon

https://www.niche.com/k12/search/best-private-schools/c/deschutes-county-or/

https://movingtobend.com/relocation-blog/2021/a-guide-to-public-and-private-schools-in-bendoregon/

https://www.countyoffice.org/bend-or-private-schools/

Central Oregon Winter Activities

https://www.visitbend.com/things-to-do/activities/winter-fun/

https://visitcentraloregon.com/things-to-do/activities/winter/

https://www.google.com/search?q=central+oregon+breweries&rlz=1C1GCEU_enUS874US875&oq=cent ral+oregon+breweries&aqs=chrome..69i57j0i390j69i60l2.8009j0j15&sourceid=chrome&ie=UTF-8

Central Oregon Trivia and Bingo Nights

https://www.riversplacebend.com/games

https://beermebend.com/bend-oregon-brewery-locations/

https://www.bendsource.com/bend/bingo-with-bren-supporting-saving-grace/Event?oid=16320982

https://www.visitbend.com/food-drink/astro-lounge/

https://theyardfoodpark.com/events/

Calendar of Events for Central Oregon

https://visitcentraloregon.com/calendar-of-events

Economic Development For Central Oregon

Table of Contents

Welcome to Central Oregon

Where the commute times are short and breathtaking views await you at every turn. The region features dramatic snow-capped mountain ranges and high desert plateaus within Deschutes, Crook and Jefferson counties.

Located halfway between San Francisco and Seattle, the hottest small metropolitan market in the U.S. is Central Oregon. In the last decade the region has seen some of the highest sustained GDP growth, job growth and population growth. With these factors in mind, The Milken Institute has named the region the best small metropolitan in the nation four years in a row – an unprecedented feat no other location has ever received.

Central Oregon is pulling extraordinary talent and capital, fostering a diverse and highly entrepreneurial business ecosystem. Lured by natural scenic beauty and big city amenities (world-class health care, education, dining) without big city costs or hassle, people are learning that having a true work-life balance is possible. Employees are happier; companies are more innovative and capital-efficient. All in a region dominated by small to mid-sized firms that compete globally – and win.

CENTRAL OREGON OVERVIEW

Regional Population: 244,560

(2020 estimates from Portland State University)

Regional Labor Force: 116,665

(Seasonally adjusted total for Q4 2019 from Oregon Employment Department)

Bend-Redmond MSA GDP Per Capita: $46,903

(2017 estimate from the Bureau of Economic Analysis)

*Bureau of Economic Analysis data is only available for the Bend-Redmond MSA

Access to and from our region has never been easier with seven national carriers flying 54+ segments daily to 10 international airports. The best part?

Travel through the Redmond airport is a breeze.

POPULATION

Central Oregon has been among the fastest growing regions anywhere in the U.S.

In-migration has been the dominating factor in the region’s growth with thousands of new residents moving to the area from all over the country every year. At the same time, the region’s ability to attract young families has resulted in strong birth rates.

“Central Oregon’s ability to consistently attract new residents is one of the key reasons our labor force continues to expand year after year. The population growth in the Bend-Redmond MSA, alone, has far outpaced any other Oregon metro for the last eight years.”

Kale Donnelly Workforce Analyst, State of Oregon Employment Department

NEW RESIDENTS, NEW IDEAS & NEW ENERGY

#2 FASTEST GROWING CITIES IN THE U.S.

With over 4.5 million visitors flocking to Central Oregon each year, it proves a great introduction to our region’s culture, lifestyle and a great first impression for businesses. Central Oregon and the Bend-Redmond MSA continually top the nation in population growth. In fact Bend has been among the 15 fastest growing cities in the U.S. four of the last five years. While our population grows, so does our workforce. We’re cultivating a community that has consciously decided to live here and work towards making our region an even better place to live.

POPULATION TOTALS FOR CENTRAL OREGON

MOVE

Business Cost Comparison

Oregon offers more incentive programs to traded sector businesses (companies that sell products or services outside the area) than Washington and California combined. Even without taking those incentives into consideration, Oregon is still a more cost-effective choice for doing business. Contact EDCO for a detailed look at the business costs in Central Oregon.

“While our move to Central Oregon may have started for personal reasons, it has allowed us to do more with our business than we thought possible. It has allowed us to hire amazing employees – the available talent here in Central Oregon has proven to be of the highest caliber and chocked full of integrity. Sometimes you feel like you can get lost in a big city. In Sisters we have been able to be part of a growing and nurturing business community.” - Wyatt

Case Study: Holy Kakow

Founded in Portland in 2009, Holy Kakow creates premium organic chocolate sauces and syrups that are used in coffee shops across the nation and globe. After running the business for nearly a decade, founder Wyatt Woods decided a move to Sisters, Oregon would be beneficial for his family. The next step was to figure out how to move the successful business. After EDCO’s help with site selection, incentives, permitting, and more, Holy Kakow was able to move their operations into a new building in the Sisters Business Park. The relocation allowed them to scale for growth, even during the pandemic, expanding their employment from three to eight in the span of a couple months. Holy Kakow have their sights set on new product launches, and with the backing of the community and the growing number of craft food businesses in Sisters, they’re surrounded by a strong business ecosystem to help them succeed.

We guide employers outside the region through the relocation process as a resource for regional data, incentives, talent, site selection, and A-Z problem solving.

Woods, President and Owner, Holy Kakow

Sources: Tax Foundation 2021, US Energy Information Association (Natural Gas) April 2021, US Energy Information Association (Electricity) May 2020

RELOCATE & EXPAND

Get connected to our growing industry clusters that include: Brewing, Bioscience, Outdoor Products, Technology, Automotive, Aerospace, and Advanced Manufacturing.

Our tools to help your company include: linking with the local supply chain, finding talent, incentives, business finance, and more.

WHY CENTRAL OREGON?

When compared against its neighbors to the north and south, Oregon’s overall business costs rank significantly lower. Average electricity rates, natural gas rates, state & local sales tax rates, and business tax climates in particular are significantly lower than the national average.

We help you navigate the regional and local real estate market, infrastructure and permitting processes.

For a relocating business, Central Oregon has a reputation for welcoming new companies without sacrificing workforce, talent, quality healthcare, transportation, or infrastructure. EDCO’s resources and connections can help your business make the right decisions when choosing a new home.

Case Study: Riff Cold Brewed

Riff Cold Brewed was born from a mission to produce the world’s most delicious cold brewed coffee. Serial entrepreneur Paul Evers (also behind Bend staple Crux Fermentation Project), along with a crew of other Central Oregonians, started Riff in late 2017. They opened a bottling and production facility in Redmond, along with the first-of-its-kind Cold Brew Taproom in Bend.

Riff is a great example of how economic development programs are poised to help companies grow. From the beginning, they worked with Redmond Economic Development (REDI) to utilize different tax incentive programs, while connecting with other community resources to help the company position itself to grow more efficiently. In October 2019, Riff presented and won funding at the Bend Venture Confer -

(BVC), the largest angel conference in the West.

With innovation at its core, Riff has taken the craft brewing expertise to create the next great variation in energy drinks. The funding they received from BVC allowed them to further develop their latest product, Alter Ego, a natural plant-based energy drink brewed from coffee’s little-known fruity pulp, cascara, a traditionally wasted biproduct of coffee.

We mentor and advise scalable young companies from concept to exit on issues such as access to capital, critical expertise and business strategy.

ence

“Central Oregon has an incredible entrepreneurial ecosystem, filled with self-starters and trailblazers. These companies are creating new opportunities with the help of multiple influential organizations. EDCO and the newly-formed food and beverage industry association, Cultivate Bend, support and guide the many product companies that call this region home.”

-Paul

Evers, CEO, Riff Cold Brewed

A driving force for our economic performance is a collaborative and inclusive entrepreneurial community. This is supported via the number of new business registrations, which has outpaced far larger cities. In 2019, AdvisorSmith ranked Bend fifth for Top Midsize Cities where Americans Start the Most Businesses at 3.79 business started per 1,000 residents.

The region is large enough to provide resources and access to capital that help new entrepreneurs get started, while still being small enough that those resources are interconnected to support businesses as they grow. Unique to Central Oregon, given its size, are the numerous community resources and assets that are available. Assets managed by EDCO include monthly Central Oregon PubTalks, the Stable of Experts (mentors) and the largest Angel Conference in the West, the Bend Venture Conference.

SMALL CITIES FOR STARTING A BUSINESS

Source: Wallet Hub, April 2019.

Both Redmond and Bend made Wallet Hub’s Top 10 list for best cities to start a business at #4 and #9 respectively, based on an index of criterial that included business environment rank, access to resources rank and business costs rank. They were the only two Oregon cities to make the top 75 of 1,261 small cities ranked in the index.

GROW

“From our initial startup days through our expansion today, it is refreshing to work with organizations like EDCO, the Redmond Chamber and the City of Redmond. These groups have worked side by side with our team to get us where we are today and have been an asset to our growing business. They are prime examples of organizations focused on supporting sustainable business growth and helping develop a stronger community for years to come!”

-Matt Tobolski, President and Founder, BASX Solutions

Case Study: BASX Solutions

BASX Solutions is an industry leader in the design and manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC solutions, and more. Headquartered in Redmond since 2014, BASX has customers across the U.S. and around the globe. They recently broke ground on a new 75,000 square foot building expansion, allowing the company to consolidate its operations while substantially increasing their manufacturing capacity.

The expansion will give BASX approximately 200,000 square feet of manufacturing space while bringing additional jobs to what is already one of the city’s largest employers, nearly doubling their employee count once their facilities are operational and fully staffed.

Part of what drew BASX to Central Oregon in 2012 was the fact that Redmond stood out as a city that values and supports business and manufacturing operations. It became clear quickly that the City, Redmond Economic Development, Inc., the Redmond Chamber, and other organizations work together collectively to support job growth. The ability for these entities to work together seamlessly lured BASX to the region and has spurred their expansion, allowing them to continue focusing on delivering their products to critical industries.

We partner with local traded-sector companies to help them grow and expand, offering them the very same incentives and assistance as relocation projects.

#2 FASTEST JOB GROWTH IN THE U.S. - FORBES, 2019

Private sector employment growth in the region was 22% higher than Oregon’s average over the last 10 years, and is projected to grow by 12% through 2029.

Workforce Development

Improving the Readiness and Employability of Central Oregon’s Future Workforce

Now in its fourth year, Youth CareerConnect (YCC) continues to connect employers and students with real work experience throughout Central Oregon. By supporting internships and experiential learning opportunities in the community, YCC has made it simpler for schools and employers to connect while fostering a work-ready labor force for years to come.

YCC is equipped to support virtual internships with local companies now that remote learning and remote work are the new norm. High School, college and alternative education students can access virtual training and support, including resume building, interview preparation, guidance for professional work ethics, and more. Since its inception, YCC has built a rolodex of over 240 business partners and placed more than 290 students in meaningful internships. Personalization for both the business and the student is at the core of what YCC does, and why it continues to thrive. To get involved with Youth CareerConnect, visit: youthcareerconnect.org .

- Damon Runberg, Oregon Employment Department, 2020

DESCHUTES COUNTY #1 COUNTY

RECEIVING MOST INVESTMENT IN OREGON

-SMARTASSET, 2020

“Bend enjoys a truly collaborative environment. Everyone is not only supportive of each other, but excited to see one another grow. We share the same trails, rivers and slopes and ultimately share a similar vision to help Bend succeed.”

The combination of a collaborative culture, a supportive attitude among government and economic development agencies, plus a location that attracts talent and investment all help Central Oregon compete nationally.

BY COUNTY IN OREGON

Scott Allan GM, Hydro Flask

TRANSPORTATION

Redmond Municipal Airport (RDM; www.flyrdm.com ) provides commercial air service with an average of 27 daily outbound flights to Denver, Los Angeles, Mesa, Phoenix, Portland, Salt Lake City, San Diego, San

Francisco, San Jose, and Seattle via seven carriers (Alaska, Allegiant, American, Avelo, Boutique, Delta, and United).

Average Commute Times

SanFranciscoLosAngeles Seattle Portland Denver Bend

The Central Oregon average commute time is 24 minutes each way, saving the average worker over one work week per year !

Source: Census.gov 2019

Travel Time & Distance by Car

RAIL FREIGHT

Burlington Northern-Santa Fe (BNSF), Union Pacific (UPRR) and the City of Prineville Railway (COPR) provide direct connections for shipping to any market in the United States, Canada and Mexico.

Travel Time By Air

U.S. Highways 97 and 20 are two of the state’s major trucking routes, with access to major metro areas with connections to Interstate 5 (N-S) and Interstate 84 (E-W).

Because most of our region has been built new in the past two decades, our telecommunications infrastructure is one of the Northwest’s most technologically advanced, meeting business and telecommuting requirements for capacity, redundancy and reliability.

UTILITIES EDUCATION

Central Oregon is well-recognized for its high level of education, with some of the best K-12 public schools in the nation. In 2020, the Bend-La Pine school district’s average SAT scores surpassed the national average by over 130 points. Additionally, our higher education opportunities abound. From Oregon State University-Cascades ongoing expansion, to Central Oregon Community College’s four campuses in the region, there are opportunities for all to obtain a quality education.

HEALTHCARE

Top quality healthcare is one of Central Oregon’s crown jewels. St. Charles Health System is the largest healthcare provider in the region, and is also the largest employer with over 4,500 employees across the tri-county area. A network of more than 100 clinics and specialty practices further support the community.

TOP EMPLOYERS

CENTRAL OREGON RANKED #1 IN THE STATE FOR JOB GROWTH AT 41%

According to the Oregon Employment Department, 77% of Oregon establishments have nine or fewer employees and the average private establishment employs 11 people.

Still, a number of large employers operate successfully here, tapping into Central Oregon’s ever-expanding workforce, the overall low cost of doing business and business-friendly local governments. This year, the top 50 private companies collectively employ nearly 21,000 Central Oregonians, or roughly 21.9% of the region’s current total employment.

FOUNDATIONS OF CENTRAL OREGON’S ECONOMY 109

ADVANCED MANUFACTURING

• More than 100 businesses in advanced manufacturing make their own products here in Central Oregon as well as provide a critical role in the supply chain for other OEMs in aviation/aerospace, brewing & distilling, specialty food processing, and automotive.

• Additive and subtractive machining of metals and plastics, advanced welding and metal fabrication, specialty metals casting, production printing and publishing, as well as specialized machinery and equipment.

• The largest employers in this industry group include Precision Cast Parts (PCC) Schlosser, Keith Manufacturing and BasX Solutions.

AVIATION & AEROSPACE

• The production of light aircraft in Central Oregon spans back more than 30 years and over that time, 25 aircraft have moved through the process of design on paper to flight.

• Composite (carbon fiber) fabrication and innovation aircraft are the region’s specialty with world-class talent and capabilities clustered here.

• Some of the most successful flight training programs in the country are located in the region with both fixed-wing and helicopter flight schools that serve the global industry.

BIOSCIENCE

• Producing everything from titanium implants to cutting edge drug research, our bioscience industry has been experiencing year-over-year double digit employment growth for nearly a decade.

• Quietly, Central Oregon’s bioscience industry has proven capable of attracting worldclass scientific and technical talent that has made companies here competitive on a global scale.

• Swiss-based pharmaceutical research and manufacturer Lonza is the largest bioscience company in the region, and among the largest in Oregon, with two campuses and additional operations scattered across Bend.

BREWING & DISTILLING

• Central Oregon is home to breweries both large and small, with Deschutes Brewery’s production placing it in the top 10 largest craft breweries in the U.S.

• For Oregon, which has 312 craft breweries, nearly one-third of the largest 30 brewers by volume, are located in Central Oregon – testimony to the quality of product produced here.

• The region is also home to a dozen craft cideries and distillers, two of which Bendistillery and Avid Cider, are the second largest in the state.

#3 BEST U.S. CITIES FOR BEER LOVERS

#3 LEADING HOP PRODUCTION STATE

#3 BREWERIES PER CAPITA IN THE U.S.

BUILDING PRODUCTS

• After 100+ years and considerable structural change, the building products industry is still Central Oregon’s largest traded-sector employer.

• Businesses in this sector compete and win on a global scale, innovating and automating their way to becoming leaders in their respective sub-industries including manufacture of wood doors and windows, mouldings, cabinetry, furniture and musical instruments.

• The region’s largest manufacturer and second largest private employer, Brightwood Corporation, is based in Madras, but is now a truly regional employer with operations in Redmond, Culver and Prineville.

OUTDOOR GEAR & APPAREL

• Diverse group of businesses in a variety of subsectors including rock climbing, water sports, hydration, hiking and backpacking, recreational vehicles, outerwear, and software.

• The region is also home to the Oregon Outdoor Alliance (OOA) and Oregon’s Office of Outdoor Recreation, both which are dedicated to connecting and cultivating the industry.

• The country’s first dedicated startup accelerator for the industry, Bend Outdoor Worx, is located in Bend.

PROFESSIONAL SERVICES

• More and more, professional services are exported out of the tri-county region including engineering, architecture, accounting, HR and recruitment, creative services, marketing, advertising, and publishing among others.

• The creative, marketing and advertising subsectors of this industry are particularly strong in Central Oregon with firms providing world-class services in a variety of industries.

TECHNOLOGY

• Including software companies, electronics manufacturers, alternative energy R&D and production, and data centers, the region has over 130 tech companies employing nearly 3,000 people.

• Five dozen software companies call the region home, more often than not locating their headquarter operations here.

• Prineville has a growing national data center hub, home to Facebook’s largest U.S. data center campus (4.6 million square feet and growing) and Apple across the street, due to the innovative infrastructure, affordable industrial land, multiple telecom carriers for redundancy, desert climate for optimal efficiency, and globally compeitive tax incentives.

FOUNDATIONS OF CENTRAL OREGON’S ECONOMY #5

FOR 5-YEAR HIGH TECH GDP GROWTH -MILKEN INSTITUTE, 2020

Central Oregon is blessed with a rare mix of city amenities and restful isolation. It offers the slower speed of a small town with a medical community and infrastructure not normally seen in a region of its size. Additionally, Central Oregon residents maintain a work/life balance that is difficult to achieve elsewhere.

#1

TOP 100 BEST PLACES TO LIVE IN AMERICA

#3

MOST FITNESS FRIENDLY PLACE IN THE U.S.

#7 SMALL CITIES FOR BUSINESS

BEST PERFORMING SMALL CITY FOUR YEARS IN A ROW!

#8 BEST PLACES TO LIVE IN THE U.S.

30 Golf Courses

Miles and Miles of Trails

Flourishing Arts & Culture Scene

32 Breweries & Counting

300 Days of Sunshine

ABOUT EDCO

Founded in 1981, EDCO is a non-profit corporation supported by private and public members and stakeholders. Our mission is to create a balanced and diversified economy with a strong base of middle-class jobs in Central Oregon.

To do this, we focus on helping companies do the following:

MOVE. We guide employers outside the region through the relocation process as a resource for regional data, incentives, talent, site selection, and more.

START. We mentor and advise scalable young companies from concept to exit on issues such as access to capital, critical expertise and business strategy.

GROW. We partner with local traded-sector companies to help them grow and expand.

Cascade

Central

Central

City

City

City

City of Prineville

City of Redmond

City of Sisters

Combined Communications

Crook County

Deschutes County

First Interstate Bank

Jefferson County

Mid Oregon Credit Union

OSU-Cascades

Pacific Power

PacificSource Health Plans

Schwabe, Williamson & Wyatt

SGA CPA’s St. Charles Health System

U.S. Bank

Additional information available at EDCOINFO.COM

• Upcoming networking events, luncheons, conferences, and more

• EDCO Info Hub: current comprehensive data for Central Oregon

• Stable of Experts: a network of seasoned professionals with a passion for start-ups and small businesses

• Success stories from regional businesses

• Business news on EDCO’s