WARRENTON — The North Coast Retail Center at Ensign Lane and U.S. Highway 101 will soon add yet another national chain to its lineup.
CenterCal Properties, managers of Bridgeport Village and other developments around Portland and the U.S., broke ground recently between Costco and Goodwill on a 21,000-square foot T.J. Maxx store set to open in the spring.
Alec Paddock, an acquisitions and development associate with the El Segundo, Calif.-based CenterCal, said his company bought the property last month after negotiating with Wes Giesbrecht, who bought the land for the North Coast Retail Center from Clatsop County and has been marketing its parcels.
In addition to T.J. Maxx, CenterCal’s building 10,000 square feet of attached shop space. “It’s likely we get two to four smaller spaces, depending on tenant demand,” said Paddock, adding that there’s been heavy interest but declining to divulge names of potential tenants.
CenterCal has 12 retail centers throughout the West Coast, he said, including Bridgeport Village, Cascade Station and Nyberg Woods in the Portland metro area.
The North Coast Retail Center, said Giesbrecht, is divided between Phase 1 to the north of Ensign Lane and Phase 2 to the south.
“We have roughly 7 acres left in Phase 2 that we could carve up into various parcels,” he said, adding that about 2 acres remain in Phase 1.
Astoria Ford plans to relocate to Phase 2, just south of Costco and east of where Walmart is developing. In the plot in-between the two, Giesbrecht said there’s been movement toward a new development by a local business, although like Paddock, he wouldn’t divulge the name of a potential tenant.
The Warrenton City Commission recently extended the site design review of PacLand, which is developing a new Walmart at the southeast corner of Ensign Lane and Highway 101, until Aug. 18, 2015.
The most recent additions to the retail center include Taco Bell, Wauna Federal Credit Union and Verizon. The Human Bean is opening a new location just north of Taco Bell by the third week in September.
“What’s not to like, just with Costco and all the walk-up traffic we’re going to have,” said Kristi Israel, the local franchisee of The Human Bean, which has been open in Seaside for seven years.
The North Coast Business Park was established in 1991 through a trade of foreclosed properties and originally comprised 270 acres. A master planning process started in 1999 and completed in 2000. The plan is to sell the commercial property along the highway, approximately 75 acres, and use the proceeds to cover the costs of developing the remaining property. Most of that 75 acres has been the North Coast Retail Center.