Nike Expansion Plans Grow Construction Set To Start In 2015

Dated: November 21 2014

Views: 534

Nike's expansion plans just got a lot bigger.

The company has filed plans for 1.3 million square feet of new space on its campus, significantly more than the roughly 500,000 square feet of office space it proposed adding in 2013.

The new space includes two new buildings, one with 649,000 square feet of office space and 238,000 square feet of auxiliary space and another building with 412,000 square feet of office space.

To put the building spree in perspective, Portland's signature skyscraper, Big Pink, has about 1.1 million square feet of office space.
"We have submitted Nike's land use submission application to Washington County as part of our master-planning process," the company said in a statement. "The application includes conceptual plans and drawings of proposed structures on campus. We appreciate the partnership with the city and county in support of our expansion and growth in Washington County.
"The company declined to say when construction will begin. The project has already cleared several bureaucratic hurdles.

Washington County Department of Land Use & Transportation spokesman Stephen Roberts said the county expects construction will begin in early 2015.
The Oregonian first reported Nike's plans for two new buildings.
Earlier this week, the Business Journal reported that Nike has also started buying out tenants in office space it acquired last year.
The sportswear giant has been growing at a record pace and needs more space for its booming Washington County workforce.
Source
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....

Latest Blog Posts

How To Get Your House Ready To Sell In Summer

Historically, the most active time for buying and selling real estate is when the weather gets warm, and it is expected to blossom this year as the housing market springs back to life nationwide.If

Read More

How Much To Budget For Home Maintenance

Owning a home comes with certain responsibilities. There is no landlord to call when a sink stops draining or the lawn needs mowing. Regular home maintenance is essential to lengthening the lifespan

Read More

Are You Truly Ready To Downsize

There’s a host of reasons for downsizing to a smaller home. You might want to pocket the savings and build upon your nest egg. Maybe you’re ready for a new adventure and eager to move to a high

Read More

4 Things You Absolutely Must Do Before Painting Your House

Deciding to have our house painted was a big decision, but once we made it, we couldn’t wait to see the final results. But wait we did.What we hadn’t anticipated was all the prep work that went

Read More