The Streets of Tanasbourne

infobox shopping mall
shopping_mall_name = The Streets of Tanasbourne


caption =
location = Hillsboro, Oregon, USA
opening_date = October 2004
developer= Continental Real Estate
manager =
owner =
number_of_stores = 55
number_of_anchors =
floor_area = convert|368000|sqft|m2
(GLA)
floors =
parking = 1500
website = [http://www.streetsoftanasbourne.com/ streetsoftanasbourne.com]

The Streets of Tanasbourne is a shopping mall located in the Tanasbourne area of Hillsboro, Oregon, United States. Opened in October 2004, the center provides shopping to the Hillsboro/Beaverton area west of Portland, Oregon near the Sunset Highway. The $55 million center is an open-air complex designed to mimic older downtown shopping districts.

Development

Plans for the center were originally announced in 1999. [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.] These plans called for a $60 million project on 19 acres to open in the summer of 2003. [Brenneman, Kristina. [http://www.bizjournals.com/portland/stories/2001/06/25/focus2.html The Shops embodies Main Street retail trend.] "Portland Business Journal", June 22 2001.] Eventually developed by Continental Real Estate and designed by Field Paoli, The Streets of Tanasbourne cost $55 million to complete.Hazel, Debra. [http://icsc.org/srch/sct/sct0903/page50.php Lifestyle center completes Oregon city project] Shopping Centers Today, September 2003.] This shopping complex was the last development in a larger Hillsboro project titled Tanasbourne Town Center. [ [http://retailtrafficmag.com/mag/retail_portlands_progress/ RetailTraffic: PORTLAND'S PROGRESS, May 1, 2004] ] Originally The Streets of Tanasbourne were to be named the Shops of Tanasbourne. However, the project's name was changed when Continental Real Estate acquired the project from Federal Realty Investment Trust. 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.

Construction on the project began in 2003. [Williams, Christina Dyrness. Retail on a Roll. "The Oregonian", October 26 2003.] The Meier & Frank opened in early October 2004, [Mandel, Michelle. Shoppers hit the Streets. "The Oregonian", October 7 2004.] while other stores finished construction later that month. [Boone, Jerry. Putting a face on a skeleton. "The Oregonian", October 21 2004.] The grand opening for the convert|386000|sqft|m2 shopping complex was November 6 2004. [Goldfield, Robert. [http://www.bizjournals.com/portland/stories/2005/01/31/focus10.html Retail arrives in spades on Portland's west side.] Portland Business Journal, January 28 2005.] 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.Mandel, Michelle. Power shopping season moves close to home. "The Oregonian", November 25 2004.] As a lifestyle center, the target customer for the center are upper-income shoppers. When it opened it was the first of the lifestyle centers to open in the Portland metropolitan area. [Nussmeier, Corine and Emily Matza. [http://www.bizjournals.com/portland/stories/2005/08/29/editorial3.html Lifestyle centers force new way of thinking.] "Portland Business Journal", August 26 2005.]

Anchor tenants

*Macy's (Formerly Meier & Frank)
*REI

ee also

*List of shopping malls in the United States
*Washington Square (Oregon)

References

External links

* [http://www.fieldpaoli.com/site/pages/tanas.html Field Paoli Projects]
* [http://www.icsc.org/srch/sct/sct0903/page50.html ICSC.org "Focus: The West"]