Mall 205

Mall 205

Mall 205 in 2009
Location Portland, Oregon, USA
Opening date 1970
Developer Victor Gruen
Owner CenterCal Properties
No. of stores and services 40
No. of anchor tenants 4
Total retail floor area 477,000 ft.²
No. of floors 1 (2 in Target)

Mall 205 is an enclosed shopping mall located at the junction of Interstate 205 and S.E. Washington Street in Portland, Oregon, United States. The mall features over 40 stores and a food court; anchor stores include Bed Bath & Beyond, The Home Depot, Target, Arch Fitters and 24 Hour Fitness.[1] The mall's two-story Target store is the largest Target in the state of Oregon, and its Bed Bath & Beyond is the chain's second location to feature an interior mall entrance.[1] Mall 205 was acquired and renovated in 2001 by CenterCal properties.[1]

History

The site was formerly the location of Morningside Hospital, which closed in 1968. Mall 205 opened in 1970[2] with Montgomery Ward and White Front as its anchor stores.[3] White Front closed in June 1974[4] and was replaced with mall space,[2][3] but in 1978 Emporium and Pay Less Drug Stores opened new stores in the former White Front space.[4] Otherwise, the mall remained mostly unchanged throughout the 1990s, despite competition from Clackamas Town Center, a larger mall which opened just a few miles away in 1981.[3]

A 75,000-square-foot (7,000 m2) multi-screen movie theater and food court were originally planned for inclusion in a 1996 expansion of Mall 205.[5] While the theater never came to fruition, a food court was added in 2003.

In early 2001, Montgomery Ward and Emporium both closed the last of their stores, leaving both of the anchor spaces vacant at Mall 205. As a result, many inline tenants began to leave the mall. Center Oak Properties of Gresham, Oregon (now known as CenterCal Properties) acquired the mall the same year and began a $20 million renovation,[6] adding a two-level Target store on the site of the former Montgomery Ward, and the Home Depot opened on the site of the former Emporium.[1] Center Oak also added many other tenants to the mall, including Arch Fitters Bed Bath & Beyond, 24 Hour Fitness, and Famous Footwear. The center was sold again in July 2014 to Gerrity in a $76.5 million deal that included the neighboring Plaza 205.[7]

List of tenants

Anchor tenants:

See also

Home Depot side of the mall

References

  1. 1 2 3 4 "CenterCal Properties, LLC". Retrieved 2007-08-01.
  2. 1 2 "An Old Mall 205 Gets a New Life". ICSC.org. Retrieved 2007-08-01.
  3. 1 2 3 Senior, Jeanie (May 10, 2001). "After redo, mall may shine". Portland Tribune. Retrieved December 15, 2012.
  4. 1 2 Sorenson, Donald J. (February 22, 1978). "Emporium plans mall opening" (at Mall 205). The Oregonian, p. F3.
  5. ↑ Goldfield, Robert (June 23, 1996). "Will multiscreen theater be new star at Mall 205?". Portland Business Journal. Retrieved August 28, 2011.
  6. ↑ "Mall 205 breaks ground on $20 million face lift". Portland Business Journal. May 3, 2001. Retrieved August 28, 2011.
  7. ↑ Pyrah, Alli (August 1, 2014). "Southeast Portland's Mall 205 and the Plaza 205 sold for $76.5M". Portland Business Journal. Retrieved 2 August 2014.

Coordinates: 45°31′01″N 122°33′40″W / 45.517°N 122.561°W / 45.517; -122.561

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