Washington Square (Oregon)
Exterior of the mall's 2005 addition.
|Developer||Winmar Pacific, Inc.|
|Management||The Macerich Company|
|Owner||The Macerich Company &
|No. of stores and services||170|
|No. of anchor tenants||5|
|Total retail floor area||1,458,734 sq ft (135,520 m2) (GLA)|
|No. of floors||2|
Washington Square is a shopping mall in the city of Tigard, Oregon, United States. Located in the Portland metropolitan area along Oregon Route 217, the shopping complex is one of the top grossing malls per square foot in the United States, with sales of $716/ft². Opened in 1973, the mall is currently managed and co-owned by The Macerich Company, a real estate investment trust, and is anchored by Macy's, Nordstrom, JCPenney and Sears. A fifth anchor, Dick's Sporting Goods, opened in March 2008.
On May 3, 1972, plans for Oregon's largest shopping mall at that time were announced by Winmar Pacific, Inc., a developer bought by Safeco in 1967. It was to be a 130-acre (0.53 km2) development with space for 100 stores. The mall was to include over 1,000,000 square feet (93,000 m2) on 85 acres (340,000 m2) in an L-shaped pattern. On August 16, 1973, Meier & Frank became the first tenant to open at the mall. Sears and Lipman's then opened that November followed by Liberty House and Nordstrom during the summer of 1974. The grand opening of the facility began on February 21, 1974.
In 1979 Frederick & Nelson acquired and renamed the Lipman's chain, and in 1980 Mervyn's took over the space originally occupied by Liberty House. Originally in an unincorporated area near Beaverton, Tigard, and Portland, those cities fought to annex the center in 1986. Tigard was awarded the right to annex Washington Square along with other adjacent properties that contain Lincoln Center and the Embassy Suites Hotel. Following Frederick & Nelson's bankruptcy and store closure in January 1991, Nordstrom acquired the vacant space and demolished it, constructing a larger replacement for its existing store; this new Nordstrom opened in 1994. At that time, the former Nordstrom space was acquired by the mall and reconfigured as a food court and additional retail space, coinciding with the renovation of the mall. By the mid-1990s the mall had an average sales per square foot that placed it in the top 10% of malls nationwide.
In December 1998, the mall was sold by Safeco, a Seattle-headquartered insurance company, to a partnership of The Macerich Company and Ontario Teachers' Pension Plan (OTPP); at the time of the sale Washington Square was "one of the most productive malls on the West Coast", with sales approaching $500 per square foot. Macerich, a Real Estate Investment Trust, took over management of the property. In 2005, Macerich opened a 100,000 sq ft (9,300 m2) addition, housing 30 more stores (including The Cheesecake Factory, Sephora, Lucy Activewear, Godiva Chocolatier, and Williams-Sonoma). At the same time, other improvements were made throughout the mall and two new parking structures were added. Mervyn's closed in November 2005 and their location, which they owned, was sold to the mall. The site was refurbished and reopened as Dick's Sporting Goods in March 2008.
In February 2011, Swedish clothing retailer H&M opened their doors at Washington Square, it is the company's 2nd location in Oregon.
The current configuration has five department store anchors, 170 specialty shops & restaurants, and a food court. Some of the stores are located in an adjacent outdoor plaza known as "Washington Square Too". Most of the mall is on a single level; however, the anchor stores have multiple levels, the food court is on a second level, and the expansion in 2005 was built so that it could accommodate a second-level addition at a later date.
- JCPenney (210,585 ft²; opened 1975)
- JCPenney Home Store (20,397 ft², outparcel location)
- Macy's (242,505 ft²; opened 1973 as Meier & Frank, renamed 2006)
- Nordstrom (180,000 ft²; opened 1974 in a smaller space, relocated 1994)
- Sears (211,937 ft²; opened 1974)
- Sears Tire, Battery & Auto (16,600 ft², outparcel location)
- Dick's Sporting Goods (90,000 ft²; opened 2008)
- Frederick & Nelson (120,000 ft²; closed 1991 and razed for Nordstrom)
- Liberty House (opened 1974, replaced by Mervyn's 1980)
- Lipman's (opened 1974, became Frederick & Nelson 1979)
- Meier & Frank (opened 1973, renamed Macy's 2006)
- Mervyn's (89,309 ft²; opened 1980, closed November 2005, site of Dick's Sporting Goods)
- Nordstrom (original, 108,000 sq ft (10,000 m2); opened 1974, replaced 1994 by food court and mall retail space)
- "Property Overview - Washington Square". The Macerich Company. Retrieved 2010-07-25.
- "Countering the crunch". The Oregonian. August 27, 2006.
- "2006 Annual report for The Macerich Company". Form 10-K (for fiscal year ended December 31, 2006). SEC. February 16, 2007. Retrieved 2007-03-28.
- "Washington Square brings first Dick's Sporting Goods to Oregon" (PDF). Washington Square. February 5, 2007. Archived from the original on 2007-08-12. Retrieved 2007-03-28.
- "Shopping center contribute to fast-growing phenomenon". Hillsboro Argus, October 19, 1976.
- Lane, Polly (February 5, 1998). "Safeco Plans To Sell Off Its Real-Estate Division". The Seattle Times. Retrieved 2010-07-25.
- Manning, Jeff (August 11, 1994). "Washington Square still strong, profitable 20 years after debut". The Oregonian. pp. R7.
- "Safeco Corp. set to sell Washington Square Mall". Portland Business Journal. December 11, 1998. Retrieved 2010-07-25.[dead link]
Media related to Washington Square (Oregon) at Wikimedia Commons