Yesterday, Monday October 11, The Oregon Business Development Commision informed Clackamas County officials that the state has approved the County’s plan to create “strategic investment zones,” which will offer 15-year tax abatements for large companies that establish headquarters within county lines. Clackamas County is comprised of many growing cities within the umbrella of McDonald Group real estate areas, including West Linn, Welches, Tualatin, Estacada, Gladstone, Government Camp, Happy Valley, Lake Oswego, Oregon City, Sandy, the villages of the Mt. Hood corridor (Mt. Hood Area Real Estate Guide), and the city of Clackamas. Businesses that choose to relocate to Clackamas County will find sweeping benefits on Clackamas real estate within these investment zones that are slated to cover over 900 acres of potential new construction and redevelopment. In exchange of these large-scale tax benefits, companies will give back to the county through the creation of new jobs, donations to community service, and the establishment of Clackamas County as a strong player in the national manufacturing and trade stage.
