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Hoyt Street Properties Welcomes Eddie Bauer to the Pearl District

05/09/2007



Eddie Bauer to Occupy Retail Space in The Metropolitan

Hoyt Street Properties, the Pearl District’s largest developer, is pleased to announce that Eddie Bauer will be opening a new retail location in The Metropolitan. Located on the ground floor of the landmark urban renewal project, Eddie Bauer will complement the outdoor lifestyle embraced by many residents in Portland and The Pearl.

“We are excited to welcome Eddie Bauer to the Pearl District neighborhood,” said Tiffany Sweitzer, President/CEO of Hoyt Street Properties. “This community values active living and access to the natural attractions that shape the character of our city. Residents will appreciate proximity to a store that specializes in casual sportswear and accessories.”

Eddie Bauer will feature premium-quality men’s and women’s apparel, shoes, accessories, and gear. Situated along the Portland Streetcar line on the corner of NW 11th and Lovejoy, the store will be convenient for shoppers traveling via public transportation, bicycle, car, or on foot. The Washington-based retailer plans to celebrate a store opening in Winter 2007. Eddie Bauer will be leasing 5,619 square-feet of street-level retail space from Block 9 LLC of The Metropolitan Condominiums. Kathleen Healy of Urban Works Real Estate represented the lessor in the transaction.

Established in 1920 in Seattle, Eddie Bauer is a specialty retailer that sells casual sportswear and accessories for the modern outdoor lifestyle. Eddie Bauer products are available at approximately 370 stores throughout the United States and Canada, through catalog sales and online at www.eddiebauer.com and www.eddiebaueroutlet.com. Eddie Bauer also participates in joint venture partnerships in Japan and Germany and has licensing agreements across a variety of product categories.

The Metropolitan will also house luxury condominiums and innovative live/work units. Designed by Portland-based BOORA architects, the mixed-use project brings unprecedented height to the Pearl District, standing at 19 stories tall. The building is slated for completion in Fall 2007.



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