The Streets of Tanasbourne explained

The Streets of Tanasbourne
Location:Hillsboro, Oregon,
Coordinates:45.5365°N -122.8783°W[1]
Opening Date:October 2004
Developer:Continental Real Estate
Manager:JLL
Owner:JLL
Number Of Stores:55
Number Of Anchors:1
Floor Area:368000square feet
(GLA)
Floors:1 (3 in Macy's)
Parking:1500
Website:streetsoftanasbourne.com

The Streets of Tanasbourne is an outdoor shopping mall located in the Tanasbourne area of Hillsboro in the U.S. state of Oregon. Opened in October 2004, the center provides shopping to the Hillsboro/Beaverton area west of Portland, near the Sunset Highway. The $55 million center is an open-air complex designed to mimic older downtown shopping districts and has 55 store locations.

History

Plans for a specialty retail center in the Tanasbourne area were originally announced in 1999.[2] [3] [4] The original plan had construction beginning in June 2001 on the project that would have two parking garages.[5] In all, these plans called for a $60 million project on 19acres to open in the summer of 2002.[6] Hillsboro approved the project in 2000, but construction was delayed.[7]

Eventually developed by Continental Real Estate and designed by Field Paoli, The Streets of Tanasbourne cost $55 million to complete.[8] This shopping complex was the last development in a larger Hillsboro project titled Tanasbourne Town Center.[9] Originally The Streets of Tanasbourne were to be named the Shops of Tanasbourne.[2] [4] However, the project's name was changed when Continental Real Estate acquired the project from Federal Realty Investment Trust.[8] Macy's (formerly Meier & Frank and one of the center's anchor stores) signed up as planned, however very little had been done to attract other tenants by 2002.[8]

Construction on the project began in 2003.[10] The Meier & Frank opened in early October 2004,[11] while other stores finished construction later that month.[7] [12] The grand opening for the 386000square feet shopping complex was November 6, 2004.[13] The 55-store complex is designed to resemble a standard Main Street style shopping district with open air, free-standing stores complete with parallel parking on the streets within the complex.[7] [14] When it opened it was the first of the lifestyle centers to open in the Portland metropolitan area.[15]

Details

The shopping center is a 386000ft2 outdoor lifestyle center.[7] As a lifestyle center, the target customer for the center are upper-income shoppers.[14] Designed to look like Main Street, the center includes retail and restaurants.[7] Retailers include anchors Macy's (formerly Meier & Frank) and REI, while restaurants include Buffalo Wild Wings, Macaroni Grill and P. F. Chang's, among others. While not situated along a highway or MAX Light Rail, the center was estimated to have approximately 225,000 people within five miles in 2005.[7] An apartment complex abuts the shopping center on the west.[7] The Streets of Tanasbourne had 49 tenants as of March 2010.[16]

See also

External links

Notes and References

  1. 2582002. The Streets of Tanasbourne. 2010-03-22. 2010-03-11.
  2. News: Colby. Richard N.. Large shopping project planned for Hillsboro. The Oregonian. January 28, 1999. C1.
  3. Hill, Jim. "Solid retail growth predicted as a buyer is found for Washington Square, analysts say plans for new malls in Oregon are a positive sign", The Oregonian, February 5, 1999.
  4. News: Hillsboro targeted for specialty mall. Goldfield. Robert. January 22, 1999. Portland Business Journal. 3 October 2021. 21 October 2012. https://web.archive.org/web/20121021040224/http://www.bizjournals.com/portland/stories/1999/01/25/story1.html. live.
  5. News: Meier & Frank Tanasbourne plans approved. March 21, 2001. Portland Business Journal. 8 August 2010.
  6. Brenneman, Kristina. The Shops embodies Main Street retail trend. Portland Business Journal, June 22, 2001.
  7. Sullivan . Edward J. . 20042005 Vol. 6. Cudgels and Collaboration: Commercial Development Regulation and Support in the Portland, Oregon - Vancouver, Washington Metropolitan Region . Vermont Journal of Environmental Law. dead . https://web.archive.org/web/20071008174124/http://www.vjel.org/journal/VJEL10026.html . 2007-10-08 . March 25, 2018.
  8. Hazel, Debra. Lifestyle center completes Oregon city project Shopping Centers Today, September 2003.
  9. http://retailtrafficmag.com/mag/retail_portlands_progress/ RetailTraffic: PORTLAND'S PROGRESS, May 1, 2004
  10. Williams, Christina Dyrness. Retail on a Roll. The Oregonian, October 26, 2003.
  11. Mandel, Michelle. Shoppers hit the Streets. The Oregonian, October 7, 2004.
  12. Boone, Jerry. Putting a face on a skeleton. The Oregonian, October 21, 2004.
  13. Goldfield, Robert. Retail arrives in spades on Portland's west side. Portland Business Journal, January 28, 2005.
  14. Mandel, Michelle. Power shopping season moves close to home. The Oregonian, November 25, 2004.
  15. Nussmeier, Corine and Emily Matza. Lifestyle centers force new way of thinking. Portland Business Journal, August 26, 2005.
  16. Web site: Stores by Map Location. The Streets of Tanasbourne. 4 March 2010.