CENTRAL OREGON NEW DEVELOPMENTS
As you probably noticed, new devlopments are popping up all over Central Oregon. From new golf resorts to shopping centers and business parks. We've noted a few of the newer developments happening around Central Oregon below.

Bend - The Old Mill district, located on the west side of Bend along the Deschutes River, has been an on-going development project. It all started with the revitalization project of the actual Old Mill shopping and theater area and continues on all around it. With contemporary condominiums, smaller shopping complexes, and new office space for lease, the Old Mill offers living and working space with convenient access to dining, shopping, galleries, and all of downtown Bend. Plus, you can hop on Century Drive and be at Mt. Bachelor for a session of skiing or snowboarding within 25 minutes.

New Golf & Destination Resorts. Did you think we had enough golf around Central Oregon? Think again. If golf is your thing, you'll be thrilled to know there are a number of new golf resorts happening in Central Oregon right now. There are a number of new golf resorts going in around Central Oregon. Probably one of the most anticipated is the new Caldera Springs Resort in Sunriver, Oregon which will feature a family-friendly atmosphere and a nine-hole golf course. The tour-quality, nine-hole Caldera Links and three-hole Golf Park will challenge the experienced golfer, yet be accessible to newcomers—and won’t require a lot of time to play. Caldera Springs will also feature 10 miles of paved bike and walking trails, a man-made lake adjacent to the "Quarry Pool" that includes a waterfall and a Lava Flow slide.

Bend's new destination resort is Remington Ranch. It will feature three championship golf courses and an exclusive collection of homes and homesites. Brasada Ranch, located east of Redmond and Bend and surrounded by sagebrush and juniper trees, this upscale resort offers over 1,800 acres that include an 18-hole golf course, swimming pools, tennis, equestrian center, walking and biking paths, and more.

More Resorts in the Works. According to the Economic Development of Central Oregon (EDCO), more resorts are on tap for the Central Oregon region. "Earlier this month, Winchester Development Company, a firm with considerable experience in building resorts across the country, has announced their intention to build a new resort community in Crook County on 2,000 acres north of Hwy 126 and five miles east of Redmond that will feature three 18-hole golf courses, approximately 800 residential lots, equestrian facilities and bike trails.  One course will feature one of the hottest designers in the world, Tom Doak, architect of the now famous Pacific Dunes Course at Bandon Dunes." The word on the street is that four more resorts are planned are being considered just in Crook County, with developers eyeing Jefferson County (Madras area) as the next great place for a planned resort community.

Newberry Business Park of La Pine, Oregon
According to the Economic Development for Central Oregon, sales are brisk in La Pine for light industrial land. With the acute shortage of light industrial land in Bend pushing prices to 25-30% higher than any other place in Oregon and considerably higher than other larger communities in neighboring states, communities on the northern and southern borders of the region are seeing the benefits.  In south Deschutes County, the La Pine Industrial Group (LIGI) recently reported that it has now sold out more than half of 60 lots in Newberry Business Park, and many of the remaining lots appear to be spoken for.  This activity has prompted LIGI to raise lot prices from $1.75 per sf to $2.25 per sf for future sales.  Additionally, LIGI will be finishing up construction in June on a new development call Finley Butte Industrial Park with larger lots ranging from 1-3 acres and prices in the $2.00 per sf range.  LIGI also has one of a few dozen state-certified Project Ready sites in Oregon, an 80 acre parcel with excellent access both to Hwy 97 and the BNSF railroad mainline.