The Prescott, a new mixed use building at N Skidmore and Interstate, is open for business and renting out apartments at a fast pace. The retail square footage features up to 6 spaces. A neighborhood wine bar will open this spring facing N Skidmore and we have interest brewing on the corner restaurant space. Check it out!
Portland's favorite sustainable urban+outdoor apparel company, Nau (pronounced "now") is looking to open a flagship store and Urban Works is excited to be a part of it.
At Nau, the goal is to use design to redefine business so that it can be a force for change. They do this by making sustainability and philanthropy inherent in everything they do; by blending the tailored and the technical to craft urban and outdoor performance apparel; by pioneering premium, eco-friendly fabrics; and crafting clean, intuitive silhouettes that are built to move.
It's official! Weatherly Creamery Building, LLC has inked a deal to purchase a 10,000 square foot site, located at the corner of SE 7th and Main. Reported earlier by Eat Beat the site will feature an urban creamery headed by local cheese maker, Ancient Heritage Dairy and will be coupled along side a new rustic Italian restaurant concept - Renata. The marriage between seasonal pastas and salads, topped with the rich, nutty goodness of Ancient Heritage, will surely be combination that won't disappoint!
Urban Works is proud to have represented both parties in this transaction. We look forward to dinnering here in the not to distant future.
In a big setback for the recently aquired Lloyd Center Mall...Nordstrom will be closing their 149,000 square foot store in January 2015, as reported by Elliot Njus at The Oregonian.
Hopefully, Cypress Equities will be able to find a suitable replacement anchor tenant hat will have the customer draw that Norstrom provided to an outdated regional mall that is need of a major remodel. There are few national retailers that require store footprints that large. Maybe a big box, freestanding, suburban type retailer will have an interest...Cabelas? Costco? Target? IKEA? Hopefully not Walmart...
The days of the regional mall have changed drastically from the heady 80's. Malls have tried to reinvent themselves by renaming them "Lifestyle Centers" and turning themselves "inside out" with storefronts facing the street. Also, local retailers and restaurants provide many more choices and better alternatives in nearby neighborhoods. There is also that handy new invention called the "Internet".
Fortunately, Lloyd Center is well positioned in the central city and vertical, mixed-use redevelopment is highly desirable in Portland. The one thing that has not changed...Location, location, location.
It official! Urban Restaurant Group's Mark Byrum (owner), and Kevin Kennedy (Corporate Chef) have welcomed Executive Chef Daniel Mondok, and General Manager Greg Gonzales to their newest concept Swank & Swine at Downtown's Paramount Hotel.
Swank & Swine will be a restaurant and bar duo. Each side will have their own identity, yet are complimentary dining spots. Swank, is slated to be a lively northwest bistro, offering breakfast, lunch and dinner 7 days per week. Swine, a moonshine and whiskey bar will offer a casual, yet vivacious atmosphere. The décor will consist of natural wood elements that depict the art of moonshine. Swine will offer an early and late night Happy Hour as well as house cured bacon and house infused moonshine.
Urban Works Real Estate is proud to have represented both the Paramount Hotel Ownership team and Swank & Swine in the lease negotiations. Welcome to the Paramount!
Projected Opening: April 2014!
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