3031 SE Powell Blvd – Portland, Oregon

In August of 2016, MAJ Development Corporation acquired the 31,200 square foot bowling alley, on SE Powell Boulevard in Portland, Oregon. Plans for redevelopment of the building are currently underway for a newer concept, small-format Target store, the company’s second small-format in the Pacific Northwest. This specialty format store tailors the needs of local guests in dense urban and suburban neighborhoods. The store will offer a quick-trip shopping experience including grocery and fresh produce, apparel and home goods, and even a CVS Pharmacy and order pickup. In addition to the convenient location on Powell Boulevard, the site will have upwards of 100 parking stalls including covered parking, electronic car charging, and dedicated car share spaces. Building improvements are slated to begin in fall of 2017 with a projected store opening in July 2018.