Description
Hawkins Companies did their homework on the shopping center at 82nd Avenue and Johnson Creek Boulevard near Portland, Oregon. After building an 111,251 square feet center on 10.61 acres that included three phases and crossed over Clackamas Street with a Sportsman’s Warehouse and Pizza Schmizza on one side of the street and Walgreens, Lamps Plus, Bank of America, CompUSA and Retail on the other, Hawkins Companies applied for permanent financing under the New Market Tax Credit Program. Offered by Key Community Development New Markets LLC, this program is accessible to projects that are constituted as a Qualified Low-Income Community Investment. In doing so, Hawkins Companies obtained financing at an incredibly low interest rate of 3.29%, making this a finacialy successful project.

Information
Inc — The Best Cities for Doing Business 2007
— Portland ranked 20th in Large Cities

Forbes — Best Places For Business And Careers 2008
— Portland ranked 35th in Best Places For Business And Careers
— Portland ranked 134th in Cost of Doing Business
— Portland ranked 55th in Job Growth

Forbes — Best Places For Business And Careers 2006
— Portland ranked 20th in Best Places For Business And Careers
— Portland ranked 8th in Cost of Doing Business
— Portland ranked 115th in Job Growth