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REI Anchors GGP's Portland Mall Expansion

PORTLAND, OR-REI is anchoring a 250,000-sf lifestyle expansion of the 1.2 million-sf Clackamas Town Center, and the future might bring even more retail.

By Debra Hazel | Updated on April 11, 2007

PORTLAND, OR-The announcement that Recreational Equipment Inc. (REI) will open a new store at Clackamas Town Center is the latest move in the multi-million-dollar renovation and expansion of a 20-year-old center that will be complete by year-end.

The process will add 250,000 sf of open-air lifestyle retail to a 1.2 million-sf mall. Also joining the center are a 75,000-sf, 20-screen Century Theater and approximately 40 new stores and restaurants.

“It is designed to offer a different experience than [Clackamas] has today,” says Barry F. O’Connor, a vp of asset management of Chicago-based General Growth Properties, which acquired Clackamas Town Center in 2002. “We wanted to take the downtown feel and bring it to suburbia.”

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