2013 Q4 Occupancy Rate & New Businesses

2013 Q4 Occupancy Rate & New Businesses

Informative - March 19, 2014 - 0 Comments - by

DOWNTOWN BEND WELCOMES NEW BUSINESSES
3 Businesses Hang New Signs as Occupancy Stay at 95% for Entire Year

The Downtown Bend Business Association announces business changes and the current occupancy rate for the end of the fourth quarter of 2013. Three new businesses hung new signs in Downtown Bend and the occupancy remained at 95% for the entire year. According to DBBA records, this is the first time the rate has stayed so high for one calendar year. The occupancy rate is based on the number of leased retail/restaurant spaces in the downtown district.
“The three new businesses that have leased this quarter represent a great evolution for the district. The new businesses each have models that are unique to Bend and will certainly give them a good chance at success and will complement the district well. “says DBBA Executive Director Chuck Arnold.
Bond Street
922 Bond – Legum Design has entirely remodeled the building they now own and occupy which formerly housed Bend Mapping & Blueprint. Legum Design recently opened to help homeowners, builders, developers, & architects customize their projects with supplied finishes, furnishings, textiles, & window treatments.

Minnesota Avenue
147 Minnesota – For the first time since June of 2011, the space that held the Astro Lounge will once again be filled with activity. Dogwood Cocktail Cabin is currently renovating the space and plans to open next month. Expect house-infused custom cocktails in a chic setting.

Wall Street
1000 Wall – A new tenant has opened in the beautifully renovated 1000 Wall Building. On the mezzanine level of the building Bend Modern can now be found. Bend Modern features 50’s-60’s chic furniture displayed in a gorgeous setting. The owners, recent relocates from the east coast, have an incredible collection of finds to browse. Their second love is vintage watches. For collectors of watches, this is the place in Bend to find a unique piece. Bend Modern will have a grand opening soon.

The DBBA is a private nonprofit organization representing approximately 350 businesses and 85 property owners working to keep Downtown Bend vibrant. The organization is responsible for downtown beautification, cleaning and maintenance, marketing, events, and keeping the business environment healthy. More information is available at DowntownBend.org.

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