Northwest City Scoop: Construction Starts in Portland
Darin Stegemoller General Manager Northwest Division, JE Dunn Construction
Portland’s unemployment rate is hovering around 3.5%, compared with the national jobless rate of 3.9%, and job growth in Portland over the next 10 years is predicted to be 42.4%, also better than the national average. The overall Portland market remains strong, with significant spending in the primary education and transportation sectors. Portland International Airport’s billion-dollar PDXNext program has years of work left on it, while TriMet, Portland’s transit agency, continues to make meaningful investments in new initiatives. Local bond measures continue to support K-12 improvements and new building, Stegemoller says.