The Streets of Tanasbourne - History

History

Plans for a specialty retail center in the Tanasbourne area were originally announced in 1999. The original plan had construction beginning in June 2001 on the project that would have two parking garages. In all, these plans called for a $60 million project on 19 acres (77,000 m2) to open in the summer of 2002. Hillsboro approved the project in 2000, but construction was delayed.

Eventually developed by Continental Real Estate and designed by Field Paoli, The Streets of Tanasbourne cost $55 million to complete. This shopping complex was the last development in a larger Hillsboro project titled Tanasbourne Town Center. Originally The Streets of Tanasbourne were to be named the Shops of Tanasbourne. However, the project's name was changed when Continental Real Estate acquired the project from Federal Realty Investment Trust. Macy's (formerly Meier & Frank and one of the center's anchor stores) signed up as planned, however very little had been done to attract other tenants by 2002.

Construction on the project began in 2003. The Meier & Frank opened in early October 2004, while other stores finished construction later that month. The grand opening for the 386,000 square feet (35,900 m2) shopping complex was November 6, 2004. The 55-store complex is designed to resemble a standard Main Street style shopping district with open air, free-standing stores complete with parallel parking on the streets within the complex. When it opened it was the first of the lifestyle centers to open in the Portland metropolitan area.