Even with a year of significant change in our business community, the Beaumont Business Association (BBA) remains optimistic about business opportunities in the Beaumont Village and upper and lower Fremont in 2013. This optimism stems from a strong and dedicated board, consistent growth in our business district and an ongoing effort to maintain our district as the charming, neighborly and convenient place that we have all come to know and love.
In 2012, we saw the displacement of five businesses (The Scene Marketing, Naga, Nip & Tuck, Bella Flora, and Sparkle) directly due to the apartment complex development and the close of three others as their leases expired. However, we also saw the opening of Grand Central Baking, Anna’s Bridal, A’la Carte Fitness and soon Hattie’s Candy Store. Along with this we experienced new owners at Red Fig as well as Alameda Café.
In a quarterly survey by the National Association for Business Economists released in October, the survey predicts that economic growth will be weak overall but should slowly accelerate through 2013. These results seem to be consistent with our research from several businesses which indicate an 83% belief that 2013 will be a better year for their business than 2012. In fact, lease fees in NE Portland continue to remain competitive as more businesses seek to grow and expand into our business district.
In times of change, we have to remember that it is possible to reach our goals when our goals are realistic and when we make changes gradually. The BBA’s goal in 2013 is to embrace all businesses in our community (brick and morter, home-based, etc.) and to improve the communication between the business district and the community. Working together, we can keep Beaumont Village and the businesses on upper and lower Fremont strong and vibrant in 2013.
For more information on the BBA, the upcoming Festival of Lights as well as the businesses in our community, visit www.businessonfremont.com or call Dan Johnson at 503.893.8573.