{"id":238,"date":"2016-06-20T16:17:15","date_gmt":"2016-06-20T16:17:15","guid":{"rendered":"http:\/\/reports.cityofsandy.com\/economicdevelopment\/?p=238"},"modified":"2016-06-20T16:17:15","modified_gmt":"2016-06-20T16:17:15","slug":"economic-development-monthly-report-may-2016","status":"publish","type":"post","link":"https:\/\/reports.cityofsandy.com\/economicdevelopment\/2016\/06\/20\/economic-development-monthly-report-may-2016\/","title":{"rendered":"Economic Development \u2013 Monthly Report \u2013 May 2016"},"content":{"rendered":"

Commercial Properties (vacancies, new businesses, etc.): <\/strong><\/p>\n

Goodwill Industries site (formerly Oja Lumber)<\/u>:\u00a0 Progress.\u00a0 Konell is now working on the grading stage of the project.\u00a0 All of the Oja-owned buildings on the site have been raised and removed (see photo), and you can now see the Fresenius Dialysis building behind it rather prominently in all of its \u201cSandy-style\u201d glory.\u00a0 Goodwill Industries projects a December 2016 completion date for both the new Goodwill building and the additional 4,000 square foot retail building.\u00a0 The retail building has not pre-leased to anyone yet as far as I know \u2013 still 100% available.<\/p>\n

Lil Cubs Pre-School<\/u>:\u00a0 Kristin Turner is still searching for a new home for her business \u2013 Mike Maiden decided against renting one of his existing spaces to her after all.\u00a0 I have not been able to speak to either party at length about this, but it sounds to me like Mr. Maiden was not confident that he could get all of the existing equipment and personnel out of this space quickly enough to remodel and open in time for the coming school year.\u00a0 We are currently exploring another location option in one of Mr. Picking\u2019s buildings.<\/p>\n

Old Gifts of Past & Present space<\/u>:\u00a0 This building has been purchased by an existing Sandy business that would prefer to remain anonymous.\u00a0 They have asked me not to share any specific information about their plans here until they start working on transforming the building to meet their vision, but I can tell you that they are planning to put a business in this space that will serve as a test store to see if the concept can be replicated in other cities in the Portland metro area.\u00a0 This will be a type of retail business that does not currently exist in Sandy, but I suspect will be very, very popular with our citizens.\u00a0 Watch this space.<\/p>\n

old Paris Caf\u00e9 space<\/u>:\u00a0 The day care center leasing this space did not hit their mid-May opening date and doesn\u2019t look to be opening anytime soon, as there have been no permits filed or work done.\u00a0 I suspect that this business may be looking at an opening date closer to the start of the 2016-2017 school year.<\/p>\n

Sandy Marketplace<\/u>:\u00a0 I am developing a great relationship with the rep from Albanese Cormier that manages this property, and I am confident that the three vacant spaces in this complex will not be vacant for very long.\u00a0 It sounds like AC is ready to spend some money on property maintenance soon, including painting some of the rougher patches on the building and perhaps resurfacing the parking lot.<\/p>\n

I recently showed the old Cascade Vision space to a mortgage\/real estate broker who is looking to anchor in the Sandy area, and he sounded like he was ready to lease the space right away.\u00a0 This space may be filled and operating with a brand new business before my next report.\u00a0 The old Starbucks space is still vacant primarily because Starbucks\u2019 lease doesn\u2019t run out until early 2017.\u00a0 However, Kristyn at Albanese Cormier tells me that this is currently being worked out with Starbucks Corporate, and they hope the space will be available to lease in July.\u00a0 She already has a tenant interested in occupying it (a bento chain?), so this space is likely to be filled by fall of this year.<\/p>\n

Project work:\u00a0 <\/strong><\/p>\n