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Can Portland Avoid Repeating San Francisco's Mistakes? [CityLab.com]

 

This city that prides itself on being different has been experiencing a problem all too common of late. It used to be unique, people say, a utopia where people could get tattoos and ride their bikes everywhere and just be weird. Portland was so affordable, as the slogan went, that young people went there to retire.

Then the city got “discovered,” people started flocking here, the tech companies came, and Portland became more expensive. Oregon has been the top destination for people to move to for three years in a row, according to United Van Lines.

Companies including Google, eBay, Airbnb, and Amazon have opened outposts here. Simple, an online-banking and consumer-finance company, moved operations here in 2011 after having offices in New York and San Francisco and has grown to more than 300 people. Portland has a great pool of creative employees, Krista Berlincourt, the head of communications, told me, and its relatively easy, low-cost lifestyle makes for happy employees.“We can give people a salary where you have a great life for your kids,” she said. When I visited Simple’s offices in Portland’s Pearl District, they were emptying out: Simple has outgrown its space and, like many people in Portland, is in the process of moving to a different neighborhood.



[For more of this story, written by Alana Semuels, go to http://www.citylab.com/housing...an-francisco/483183/]

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