A D V E R T I S E M E N T
The Black Point Inn shortly after it opened in July 2006.
file photo by David Stroup / oregon city news
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The Black Point Inn has closed its doors. But right now, it’s tough to tell how soon, if ever, the doors will reopen.
A sign on the front door of The Black Point Inn posted over the weekend read: “The Black Point Inn will be closed for remodeling. We apologize for the Inconvenience. We will re-open in early February.”
It’s no secret that the restaurant had been struggling financially, and whispers of its impending closure have been traveling through Oregon City business circles for the past few months.
The restaurant is owned and operated together by Cutting Edge Restaurants and NW Hayden Enterprises. Local real estate developer Kent Ziegler was an initial investor in the restaurant.
“I still believe strongly with the right owner/operator Black Point Inn could be a tremendous success,” Ziegler said. “That’s what we’re looking for, someone who eats, breathes and sleeps this restaurant as the most important thing in their life.”
“We wanted to lift this city up as the city invested so much in the Seventh Street improvements,” Ziegler continued. “We’re all trying to make this thing work.”
The company has been looking for a new owner/operator to purchase the restaurant and assumer the operations.
Bill Hayden, CEO of NW Hayden Enterprises, maintains that the closure of the Black Point Inn is only temporary and that they are in the midst of finding a new owner.
“I would say there are two or three potential owners looking at it right now,” Hayden said.
Personal guarantors and a property lien back the $200,000 Urban Renewal loan the Black Point Inn received in April 2006. Since the space is leased, that property includes all of the equipment within the building, City Manager Larry Patterson said.
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