Why Lake Oswego?

Economic Profile

Home to many Portland-area business leaders and professionals, Lake Oswego is known for its natural beauty, recreational and cultural amenities, great schools, and sense of community. With over 39,000 residents and more than 2,200 licensed businesses, it is Clackamas County’s largest city, conveniently located between I-5 and Highway 43, close to downtown Portland and employment centers in Washington County.

Downtown Lake Oswego is a lively dining and specialty shopping district, with a lakefront park, performing arts center and renowned outdoor sculpture walk. With more than 2.3 million square feet of office space, the prestigious Kruse Way area is home to a significant cluster of financial, real estate, insurance and other professional services firms. Several major redevelopment projects have been completed and are planned in the Lake Grove Village Center, including the nearly $40 million Boones Ferry Road corridor improvement project. Major private-sector employers in Lake Oswego include Micro Systems Engineering, Greenbrier, Black & Veatch and the corporate headquarters for Yakima Products Inc. and Acme Construction Supply.

Business Advantages

  • Located just 8 miles south of Portland
  • Excellent access to I-5, I-205 and Highway 43
  • Bus transit
  • Kruse Way Class A office located just off I-5
  • Strong unmet retail demand, with 2018 median household income of $100,461
  • Ongoing Downtown and Lake Grove Village Center urban renewal projects 
  • Opportunities for riverfront mixed-use redevelopment
  • Access to business assistance and workforce development programs

Lifestyle Advantages

  • Desirable residential neighborhoods
  • Top-rated school district
  • Recreational and cultural amenities:
    • Oswego Lake
    • Willamette River
    • Trails, parks and arts programming
  • Easy access to over 20 universities and college campuses
  • Charming downtown with waterfront parks, excellent dining and specialty shopping
  • Convenient Lake Grove retail, dining and services on Boones Ferry Road
  • Strong neighborhood retail districts