Why Lake Oswego?
Economic Profile
Home to many Portland-area business leaders and professionals, Lake Oswego is known as a safe and secure place to do business, as well as for its natural beauty, recreational and cultural amenities, great schools, and sense of community. With approximately 41,000 residents and more than 2,200 businesses, Lake Oswego is Clackamas County’s largest city and is conveniently located near Washington County’s employment centers with easy access to Interstate 5/Highway 217.
Downtown Lake Oswego is a lively dining and specialty shopping district, with both lakefront and riverfront parks, a 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 concentration of financial, real estate, insurance and other professional services firms. Adjacent to the Kruse Way corridor, with its recently refurbished main street and collection of fine restaurants and small businesses, is the Lake Grove Village Center. Major private-sector employers in Lake Oswego include Micro Systems Engineering, Greenbrier, Black & Veatch and the corporate headquarters for Yakima Products Inc., Logical Position, NAVEX Global, Acme Construction Supply, and KinderCare.
Business Advantages
- Portland International Airport
- Access to I-5, I-205, Highway 217, and Highway 43
- Kruse Woods Corporate Park
- Median household income of $114,000
- Educated workforce: 73% bachelor’s degree or higher, 97.3% high school graduates (US rate is 33%)
- Urban renewal districts: Downtown Lake Oswego and Lake Grove Village Center
- Southwest Employment District/Light Industrial Area Enterprise Zone
- Opportunities for riverfront mixed-use redevelopment
- Access to business assistance and workforce development programs
Lifestyle Advantages
- Safe and secure community
- #1 ranked school district in the state
- Charming downtown with waterfront parks, excellent dining and specialty shopping
- Social dining and drinking establishments, including breweries, wineries, distilleries
- Desirable residential neighborhoods
- Convenient Lake Grove Village Center retail, dining and services
- Strong neighborhood retail districts
- Oswego Lake, Willamette River, Tryon Creek State Park, and numerous trails
- Luscher Farm, municipal golf course, tennis center, dog parks, water sports center
- Over 600 acres of parks and natural areas.
- Top-rated Library
- Farmers' Market and outdoor concerts