After months of speculation as to what Sherwoods newest big-box store would be, the wait is over.
Walmart and Gramor Development officials announced Monday plans to build a 145,000-square-foot store at the corner of Tualatin-Sherwood Road and Langer Farms Parkway.
The new store is expected to create approximately 250 full and part-time jobs when it opens in 2014, according to Rachel Wall, Walmart senior manager of communications.
Construction is expected to begin around June 24.
The nationwide retailer will be the anchor store in what will be known as the Sherwood Town Center, which will include an estimated 20 retail shops in the first phase of the project. It will stretch along Langer Farms Parkway from Tualatin-Sherwood Road south to the roundabout on Century Drive.
There will be five to six restaurants and the rest will be convenience-type retailers, said Barry Cain, president of Gramor Development, which will develop the 20-acre site. The plan is to get some things in the town that arent there now.
Cain said his company has been working with Walmart for 1 ½ years to build a store at the Sherwood site and that numerous other large box stores had spoken to him about the possibility of locating in the city of almost 20,000 residents.
Everyone was interested in this site, he said.
The property is owned by the Langer family, which Cain has had a long association with.
Gramor built Langer Farms Shopping Center (where Target is located) and the Albertsons complex. Other Gramor Development projects include Progress Ridge TownSquare in Beaverton and the new Fred Meyer store in the Wilsonville Town Center.
Cain said architecture at the Sherwood Town Center Walmart will be similar to that of the Wilsonville complex, and will include wood and brick accents to mirror Sherwoods Old Town motif.
Matt Langer, a spokesman for the Langer family, said hes pleased that Walmart will anchor the shopping complex.
This is a project weve been working on for almost 15 years, said Langer, who is also a member of the Sherwood City Council. So were pretty excited to bring this project to town.
Asked if he thought Sherwood residents would be happy with having Walmart, a store whose location has drawn opponents in the Portland-metro area in the past, Langer said he believes the majority will be pleased with the selection.
Walmart is also in the process of building a store in Tigard, less than eight miles away from the Sherwood store. The two stores could go online around the same time, according to officials.
Meanwhile, Cain said he plans both Walmart and the accompanying retail stores to open about the same time.
I expect it to be 100 percent full by the time we open, he said.
The addition of Walmart rounds out a busy year for retailers in Sherwood. Since the beginning of the year, Kohls, Dutch Bros. Coffee and Unleashed by Petco have opened in the city.
Rumors had been flying around the city for several years as to what the new anchor would be. In recent months, Fred Meyer and Walmart were suggested as the likely candidates.
Last summer, Fred Meyer representatives had submitted a pre-application and talked with city staff about the possibility of constructing a store in back of the Providence Medical Group clinic located at Highway 99W and Edy Road.