Development Projects

The unnamed “national retailer” that was rumored to be taking over the home of AMF Pro 300 Lanes at Southeast Powell Boulevard and Southeast 30th Avenue has been revealed: Target.

In a release put out today, Target confirmed that it has signed a lease with Vancouver-based MAJ Development Corporation for the building at 3031 S.E. Powell Blvd. The retailer plans to open a 32,100-square-foot store, which it expects to open in July 2018.

The store will be a “small format” store much like Target’s downtown Galleria location. It will offer groceries, apparel, toys and sporting goods, home items, electronics and a CVS pharmacy.

“We are always motivated to bring retailers and consumers together; however, we are more excited than ever for the opportunity to work alongside Target to introduce their small-format concept in our marketplace,” said Michael Jenkins, president of MAJ, in a release. “In addition to benefiting from the ideal location on Powell Boulevard, customers will conveniently have ample parking. The site will have upwards of 100 stalls, including covered parking, electronic car charging, and dedicated car share spaces. We see great success for Target at this location.”

As first reported by the Business Journal, MAJ purchased the building at 3031 S.E. Powell Blvd. last summer for $4.8 million from AMF Bowling Centers Inc. The developer announced that a new retailer would be taking over the spot after a renovation set to commence sometime after August. MAJ’s original announcement said the bowling leagues would be winding down at the end of May and that AMF would prepare to vacate soon thereafter.

In a follow up story, MAJ said the bowling alley would likely close “at the end of the summer” and that construction for the new tenant would begin “shortly after.” That appears to be the plan in place to prep the building for Target’s opening next summer.

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Written by Jon Bell, Staff Reporter at Portland Business Journal

MAJ Development is excited to announce Dutch Bros. Coffee as a tenant in the upcoming PDX Travel Center that will be located in conjunction with the new “Cell Phone Waiting Area” near the Portland International Airport.

Founded in Southern Oregon in 1992 by dairy farmer brothers Dane and Travis Boersma, Dutch Bros. Coffee is the country’s largest privately held, drive-thru coffee company.

Having started from humble beginnings, as a single espresso pushcart in the small town of Grants Pass, Ore., the company now has over 250 locations in Oregon, California, Washington, Idaho, Nevada, Colorado and Arizona.

Dutch Bros. Coffee serves specialty coffee drinks, smoothies, freezes, teas and its private-label Dutch Bros. Blue Rebel™ energy drink that customers can infuse with their favorite flavors.

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MAJ Development recently acquired the former Albertson’s building located at SW Greenway and Hall Blvd, near the Washington Square shopping center. Tenant improvement plans are currently underway for the nearly 43,000 square foot building which will soon become home to 99 Ranch Market, the largest Asian supermarket in the United States. 99 Ranch Market, based out of California, is expanding into new markets – this Beaverton location will be their first in Oregon. The expected completion and store opening is projected for the Spring of 2017.

About the Tenant:
99 Ranch Market was established in 1984, with its first store in Westminster (Little Saigon), California. With the support of their loyal customers and hardworking employees, they have grown to become the largest Asian supermarket chain in the United States, with over 39 store locations in California, Nevada, Texas, Washington State, and soon to come New Jersey and Oregon. Their success in the supermarket industry has made them more than just a typical grocery chain store, they are known for offering high quality products, competitive pricing, superior customer service and community involvement.