The Tigard Economy: At a Glance
The City of Tigard has a well-balanced economy that includes more than 3,000 firms employing more than 40,000 people from around the region.
In Tigard, firms in every business sector compete locally, nationally and globally. Employees working for Tigard-based firms earn about $48,000 per year on average.
More than half of Tigard’s residents are in the workforce and the unemployment rate for Tigard residents in the workforce is about 3%. The graphics on this page summarize Tigard’s economic ecosystem with data from the Oregon Employment Department updated in 2014.
Click on the image below to learn more about the Tigard economy.
Start a Business / Grow a Business
Across the country, 98% of business growth is from startups and expanding companies. Firms located in Tigard have many readily available tools to help them grow at every phase of a company’s life cycle. Whether you’re just getting started out or have been in business for years, the Economic Development Department has compiled a database of resources to help you start, build, manage, and grow your business.
Click here for more information.
Local Incentives Programs
Tigard/Lake Oswego Enterprise Zone
In 2016, the City of Tigard and City of Lake Oswego began a collaboration on the Tigard/Lake Oswego Enterprise Zone. This is a local economic development program that reduces the tax burden on companies investing in equipment, facilities and people. This program offers a 100% tax abatement for three to five years on new capital investments when a firm also increases employment by 10%. Click here for more information.
Urban Renewal Matching Funds
The City Center Development Agency has reauthorized the popular Urban Renewal Improvement Programs Opportunity Fund for 2017. This fund provides matching grants for existing businesses in the Urban Renewal District to make improvements to the exterior of their business. New catalyst businesses moving into vacant spaces in Downtown are also eligible for funding to make interior upgrades. Click here for more information.
Vertical Housing Development Zone
Tigard's Vertical Housing Development Zone (VHDZ) encourages multi-story mixed-use development in two targeted areas of the City of Tigard. The ten-year partial property tax exemption for new construction applies to the first four floors of residential development built above first-story commercial development.
- Overview of vertical housing development zone
- Map showing vertical housing development zone
For more information on VHDZ in Tigard, click here.
Tigard Businesses: In the News
More than 3,300 firms in Tigard are connected to the regional economy. Every day these companies are making the products and providing the services that meet local, regional and global demand. Here are some highlights.
April 27, 2018
Tigard-based small-nuclear power company NuScale Power LLC won a $40 million grant award from the U.S. Department of Energy. Details here.
April 26, 2018
Agilyx recently unveiled innovative, patented technology that allows Styrofoam and other plastics to be recycled into oil that can be refined to make new plastics. This technology is the first commercial scale chemical recycling of polystyrene to styrene oil in the world. Details here.
March 7, 2018
Consolidated Supply Co., a 90-year-old supplier of plumbing equipment, is launching a slate of new digital features to enhance their regional competitiveness and e-commerce user experience. Details here.
February 18, 2018
Tigard’s Gem Fitness is responsible for keeping several world class athletes in shape, including the current world champion of boxing’s super welterweight division. Details here.
January 10, 2018
Fido’s, the world’s first dog tap house, invites patrons to drink craft beer while playing with shelter dogs. This innovative, Tigard-based company will also donate a portion of profits to local rescue charities to help tackle the national dog shelter challenge. Details here.
... More Business News Here ...
Workforce & Employee Development
Tigard based firms employ more than 42,400 people. Our partners in workforce development are WorkSystems and WorkSource. These partners manage several programs that increase business competiveness and employee retention by supporting employers' commitment to skill-up their existing workforce. Here are some programs that help you develop your workforce.
Exporting & Business Development
Tigard based companies that export can tap into 95% of the worldwide consumer market. This region doubled exports in the last decade. These resources can help you grow your customer base.
Export Assistance Program
Business Oregon and SBA matching funds for overseas trade shows and trade missions. Tigard businesses that participate in overseas trade shows gain the opportunity to meet potential buyers, test market interest and evaluate the competition. A trade mission can be a cost effective way to meet potential distributors and buyers, secure licensing agreements and explore joint venture opportunities. This program helps cover the cost of these sales tools.
Tigard businesses have easy access to experts in international trade through the US Export Assistance Center’s office in Portland. Looking to make your first export sale or expand to additional international markets, these local professionals offer the trade counseling, market intelligence, business matchmaking, and commercial diplomacy you need to connect with lucrative business opportunities.
GPI Export Initiative
Federal and state resources are committed to helping US companies tap into overseas markets and benefit from foreign investment.
This business-to-business search engine makes it possible for customers and partners to easily find Northwest companies with the technical capabilities they need.
Is your business in a HUBZone? Certain parts of Tigard are considered “Historically Underutilized Business Zones.” Certified firms located in these areas are eligible for benefits with Federal prime contracts. Check to see if you’re located in a Tigard HUBZone.
Development & Infrastructure
The City of Tigard is constantly working to improve infrastructure that supports private investment. Here are examples of recent projects.
Concerned about Contamination? A brownfield is land that is vacant or underused because of the actual or perceived presence of a hazardous substance or contaminant. Some brownfield sites are actively being used while pollutants remain in the soil or groundwater; the contamination can become an issue when property owners want to expand, redevelop or sell their land.
Tigard's Brownfields Initiative may be able to help. Get started today. Fill out and return the application for Environmental Site Assessment Grant.
Tigard Street Heritage Trail
On Aug. 18, 2016, the Oregon Transportation Commission announced a $700,000 grant to the City of Tigard to upgrade a temporary trail into a path to employment linking one of the city’s manufacturing corridors and downtown commercial district to workers in surrounding neighborhoods. Details for the Tigard Street Heritage Trail are here.
Public Infrastructure in the Hunziker Industrial Core
The City of Tigard is investing in public infrastructure that encourages private sector investment and job creation. Tigard’s Hunziker Industrial Core includes 138 acres of industrial zoned property, home to more than 90 firms located ¾ a mile from Hwy 217 and I-5. In this employment area, 96 acres are underutilized and 42 acres are undeveloped and limited in their economic potential due to a lack of site access and sufficient public infrastructure. The City of Tigard is exploring public infrastructure projects and funding sources to add or improve roads, water, waste water and storm water services in this area.
The first proposed public infrastructure project includes $8 million of roadway, water, sewer, and storm water that will support an estimated $32 million in private sector investment. Development of employment lands like this typically supports in 150 to 300 jobs depending upon the magnitude of private sector investment.
Lake Oswego • Tigard Water Partnership
Tigard and Lake Oswego joined forces in 2008 to upgrade and expand Lake Oswego’s existing water facilities to serve customers in both communities. After searching for more than a decade, Tigard finally owns a share of a drinking water supply. Read more...
Site Selection & Real Estate
Mobile Food Carts on Private Property
This handout (en español) describes where mobile food carts are allowed on private property in Tigard based on current city policy. Food carts on public property (e.g. sidewalks, streets, parks, etc.) are subject to different rules.
Contact Dylan Bemis, Economic Development Coordinator, at 503-718-2560 for assistance with operating a food cart on public property.