Lending for Commercial Construction Has Increased

An influx of cash for commercial real estate means more projects, and ultimately more jobs.  New apartments are a particularly strong segment of new construction.  And while construction jobs are expected to recover—it will be slow.  About 1/3 of construction jobs disappeared during the Great Recession.

In Eugene, commercial construction is more active than residential.  For example, construction is ongoing on the new $12 million, 69-room boutique hotel at the 5th Street Public Market.

Vision for 5th Street Market Hotel Property

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