Beaverton mixed-use project announced
Daily Journal of Commerce
December 14th 2010
Who said it takes urban renewal to spur development?
Despite an urban renewal plan in flux, two Beaverton development companies announced today they will break ground on a large mixed-use project by spring 2011. Metropolitan Land Group and Beaverton Mobilodge said they will transform a 26-acre parcel into a retail, housing and hospitality development known as Murray Village.
Located across from the Nike campus in northeast Beaverton, the developers will transform a vacant lot, the site of a former mobile home park, into 360 housing units, 40,000 square feet of retail space, 80,000 square feet of hotel or office space and a community center.
In a statement released today, Beaverton Mayor Denny Doyle said, "Beaverton is committed to creating jobs and improving the quality of life of our community. Murray Village will do both.
"In tough times, this project is a positive signal that Beaverton remains a great place for businesses to invest and grow."
News about the project and its anchor tenants is expected in the coming months, according to the announcement.