Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Friday, 11.03.2006
Classifieds
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Bend Weekly Community Forums
Welcome to BendWeekly.com Discussion Board. If this is your first visit, be sure to check out the "FAQ" by clicking the link below. You may have to register before you can post: click the "register" link below to proceed.
 
 FAQFAQ   SearchSearch  RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

5 Story City Center Terrace - $1.7 million condos??!!??

 
Post new topic   Reply to topic    Bend Weekly Community Forums Forum Index -> Local News
View previous topic :: View next topic  
Author Message
Janie
Guest





PostPosted: Sat Apr 01, 2006 10:57 am    Post subject: 5 Story City Center Terrace - $1.7 million condos??!!?? Reply with quote

I see developers are planning to raze the City Center Motel & the Primrose Apartments downtown to make room for a multi-million dollar retail/condo project. Its supposed to meet the city's request for a building that will 'give high priority to human scale and livability'.

I'm not quite sure what I think about this - mixed, I guess. I'm sure the new building will look much (much) better than the existing ones - even if it is 70 feet tall.

But the apartments that rent out for less than $400/month are probably the last of the affordable options left in Bend. And the new condos may go for well over $1 million each. OK - as a homeowner, I can assume that will trickle on down and make my property values raise, too. But if I were starting out and looking for affordable rents on an entry-level salary, thats bad bad news.

The good news is that the city-owned apartments will net a big chunk of change for the City Police Department.

At least they're planning on including adequate parking. . .
Back to top
Rickl



Joined: 01 Apr 2006
Posts: 8
Location: all over

PostPosted: Sun Apr 02, 2006 10:32 pm    Post subject: Reply with quote

I would love to see them tear down the City Center Motel. I'm just perplexed as to how that piece of crap is still in business. Places like that in downtown Bend really need to be demolished.
_________________
Rickless

"Being ready is not what matters. What matters is winning after you get there."
Back to top
View user's profile Send private message Visit poster's website
77Tiger



Joined: 08 Apr 2006
Posts: 2

PostPosted: Sat Apr 08, 2006 9:03 am    Post subject: Gentrification Reply with quote

Gentrification (a.k.a. economic displacement) refers to the process whereby a low-rent neighborhood is transformed into a high-rent neighborhood through redevelopment, usually in conjunction with changing demographics and an influx of wealthier residents.
Back to top
View user's profile Send private message
Nicole2112



Joined: 14 Apr 2006
Posts: 14
Location: Selma, OR (once upon a time)

PostPosted: Fri Apr 14, 2006 12:03 pm    Post subject: Reply with quote

It's that "a.k.a." that's the kicker, I suspect.

So where does someone in the low-rent income bracket go these days?
_________________
Niki

another source of light : the spark still flies : reflected in
Back to top
View user's profile Send private message
Priceless



Joined: 22 May 2006
Posts: 12

PostPosted: Mon May 22, 2006 7:27 pm    Post subject: Reply with quote

I dont believe it should be torn down. Its a historic building if anything it should be restored to its natural beauty as if it were just built
Back to top
View user's profile Send private message
Jigsaw John



Joined: 26 May 2006
Posts: 25

PostPosted: Fri Jun 02, 2006 8:55 pm    Post subject: Reply with quote

But the apartments that rent out for less than $400/month are probably the last of the affordable options left in Bend.

if I were starting out and looking for affordable rents on an entry-level salary, thats bad bad news.
______________________________________________________________

Janie,

I assume you mean by starting out as at or near minimum wage.

What's that come to a month? About $1150 gross? After income taxes that's down to about $980. or so.

After paying rent of about $400. that leaves about $575. After a car payment that's about $425. left. Paying car insurance that leaves about $275 or so. After gasoline that leaves about $175 a month.

Throw in paying utilities and that leaves about....Well $25. per month.

Oh, I almost forgot, the poor guy has to eat. So now he is about - $225 in the hole for the month.

Short about $200 bucks a month! And he didn't even buy anything extra!!

And not to mention, what about clothing? Shoes? Haircuts? Car repairs?

I guess my point is, how these companies can pay someone 7-10 bucks an hour and expect them to survive on their own is almost ridicules.

I guess if you are living at home with mom and dad, you can be OK with $7 to $10 an hour.

But if you are on your own, you'll be in the ranks of the working poor, having to borrow money just to pay the monthly bills. Never mind buying anything after working hard all week.

These wages some employers are now paying are what was being paid in the mid 80s or early 90s for crying out loud. It's a pretty sad state of affairs considering the huge cost of rent, fuel, etc, ect.
Back to top
View user's profile Send private message
SamIam



Joined: 30 Mar 2006
Posts: 15
Location: Oregon

PostPosted: Tue Jun 20, 2006 8:53 am    Post subject: Re: Gentrification Reply with quote

77Tiger wrote:
Gentrification (a.k.a. economic displacement) refers to the process whereby a low-rent neighborhood is transformed into a high-rent neighborhood through redevelopment, usually in conjunction with changing demographics and an influx of wealthier residents.


Stop smoking your crack buddy.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Bend Weekly Community Forums Forum Index -> Local News All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group
Breaking News
Market Information
Featured Author
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?