New commercial center planned in Happy Valley
Gramor Development Inc. recently announced plans for its second phase of the Happy Valley Crossroads mixed-use development on the corner of Sunnyside Road and 172nd Avenue.
Anchored by a 144,000-square-foot Fred Meyer that opened in 2016, Happy Valley Crossroads is an $80 million, 34-acre retail and restaurant development with an adjecent 168-unit multifamily/residential apartment complex.
Gramor hopes to have Crossroads East, on the northeast corner of the intersection, break ground this fall and open mid-2020. A 62,000-square-foot center with six new buildings is envisioned on 5.5 acres. Its tenants are expected to provide a variety of retail offerings including fitness, food, shopping and medical and professional services.
The center's architecture and design, led by LRS Architects, will embrace a modern farmhouse theme, featuring open plaza areas and water features.
"Crossroads East is an exciting project for us because we're able to embrace unique design elements that will make this the highest-end development in the area," said Greg Mitchell, associate principal at LRS Architects. "We're thrilled to be a part of this project and look forward to enhancing the Happy Valley community."
Considering the rapid growth of Happy Valley in recent years, Gramor saw an opportunity to expand the Crossroads development. Happy Valley currently is the fastest growing city in Oregon, experiencing 46 percent growth since 2010, and has the highest median income levels in the state with more than $115,000 annual household income, according to the latest U.S. Census estimates.
"As the area continues to grow and flourish, the decision to expand our development footprint in Happy Valley was an easy one," said Barry Cain, president of Gramor Development. "We've already begun conversations around leasing and look forward to meeting other potential tenants interested in the space. We're confident that Crossroads East will serve the Happy Valley community for years to come."
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