The Downtown Bend Business Association announces the occupancy for 4th quarter of 2014 and new businesses opening including Bank of the Cascades Mortgage in the former Home Federal Bank building, a restaurant on Bond Street, Bonta Gelato on Minnesota and two clothing tenants in the former Robert’s On Wall Street. Occupancy climbed in the downtown district one percentage point over last quarter to 97 percent.
The occupancy rate is based upon the number of leased street level retail/restaurant spaces in the downtown district.
“Leasing is strong and with some key spaces getting filled, it is certainly a positive economic indicator that new businesses are starting up.” Says DBBA Executive Director Chuck Arnold.
New businesses starting up this quarter are located on:
805 Bond – The former Home Federal Bank branch is leased and will soon be home to Bank Of The Cascades Mortgage offices.
932 Bond – Bond Street Grill (formerly Caldera Grill) abruptly closed in the fall and has been leased to undisclosed restaurant tenant.
920 Bond – Leased in the St. Clair Building on Minnesota is Bonta Gelato replacing Urban Minx. Bonta has been in business for several years in Bend serving up its sweet treats at local markets and events. The artisan local made frozen dessert shop will be scooping in the spring.
945 Wall – After decades as a single space, 945 Wall Street (former home of Robert’s On Wall Street) has been renovated back into two spaces and leased. The two clothing tenants will take occupancy this winter.
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.
Downtown Bend Business Association
A nonprofit working to keep Downtown Bend vibrant