Retrofit Atlas

Malls · Oregon

Mall 205

Imported, unreviewedRedevelopedClosedPortland, OR

Opened 1970. Closed 2022. Redeveloped.

Status nowClosedextracted, unreviewed
documented
By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.

en.wikipedia.org

What it becameretailextracted, unreviewed reported
Site size477,000 sq ft GLAEsri 2014 layer reported
Retrofit yearNot yet retrofittedstatus reported
Walkability17.7 of 20 · 15-minute 6 of 6EPA, OpenStreetMap
Rail within 800 mYes · Opportunity ZoneOpenStreetMap, HUD
Reach the owner Download dossier (PDF) · early access Download record (JSON) API Share LinkedIn Correct this record

Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.

Mall 205
Interior view of an empty shopping mall corridor with benches and potted plants. · verified by a vision model. Photo: ECTran71, CC BY-SA 4.0, via Wikimedia Commons.

Site profile19 elements · what this retrofit is built with · tap a chip for the evidence

Former anchors
Bed Bath & BeyondThis site: Bed Bath & Beyond wikipedia · all sites with this
Finance and pipeline
On FacebookThis site: …https://www.facebook.com/298023790293243 overture · all sites with this
Place
100k+ jobs within 45 min by transitThis site: 182,399 epa-walkability · all sites with this
15-minute neighbourhood (5+ of 6 daily needs within 800 m)This site: 6/6 openstreetmap · all sites with this
200+ tax-credit housing units within 1 kmThis site: 304 units in 4 properties hud-lihtc · all sites with this
3+ other atlas sites within 10 kmThis site: 4 within 10 km computed · all sites with this
Bike network nearbyThis site: 145 ways openstreetmap · all sites with this
Grocery within 800 mThis site: 4 stores openstreetmap · all sites with this
High earthquake riskThis site: Very High fema-nri · all sites with this
High natural hazard risk (FEMA NRI)This site: Relatively High; earthquake fema-nri · all sites with this
High social vulnerability tract (SVI ≥ 0.75)This site: 0.91 cdc-svi · all sites with this
Interstate or freeway within 600 mThis site: fhwa-hpms · all sites with this
Opportunity ZoneThis site: 41051008201 hud-oz · all sites with this
Rail within 800 mThis site: East 102nd Avenue, Southeast Main Street openstreetmap · all sites with this
Renter-majority tractThis site: 51% census-acs · all sites with this
Tract income up 60%+ since 2013This site: +95% census-acs · all sites with this
Walkable block group (EPA ≥ 12)This site: …index 17.7 epa-walkability · all sites with this
Strategy
RedevelopedThis site: By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores… extraction · all sites with this
New use
Retail (continued)This site: …new_use field extraction · all sites with this

All elements and lists · Trends

Now

StatusClosedextracted, unreviewed
documented
By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.

en.wikipedia.org

StrategyRedevelopedextracted, unreviewed
documented
to make way for redevelopment.

en.wikipedia.org

New usesretailextracted, unreviewed reported
What is there nowBy March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.extracted, unreviewed
documented
By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.

en.wikipedia.org

RedeveloperCenterCal Propertiesextracted, unreviewed reported

Securitised debt and public filers

Filings (2001 to date) that name “Mall 205” and “Portland” (33 hits, first 33 sampled, 9 other filers such as tenants left out). Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2004-10-29 (a sample date, not the issuance date); candidate loan vintage 2004 from the trust name (weak match). Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.

KindFilerFilingsDatesForms
CMBS trust (weak)Merrill Lynch Mortgage Trust 2004-BPC132004-10-29 to 2004-11-248-K 3
Public owner (weak)DEVELOPERS DIVERSIFIED REALTY CORP (SITC, SITC-PA)122003-05-05 to 2006-02-148-K 12
Public owner (weak)GENERAL GROWTH PROPERTIES INC32009-10-01 to 2010-08-318-K 3
Public owner (weak)INLAND WESTERN RETAIL REAL ESTATE TRUST INC22004-02-27 to 2005-03-0710-K 2

Site context

Transit within 800 mEast 102nd Avenue, Southeast Main Street (rail); 13 bus stops within 400 mOpenStreetMap
Motorway junctions within 2 km19, 20, 21A, 21BOpenStreetMap
FEMA flood zoneX · AREA OF MINIMAL FLOOD HAZARDFEMA NFHL
EPA-regulated facilities within 500 m12: AAA PRECIOUS METALS INC; CONOCOPHILLIPS 2705719; DEPAUL TREATMENT CENTER; GENTLE DENTAL WASHINGTON; HOME DEPOT NO 4013EPA FRS
Census tract 410510082013,404 people, 4,182 per sq mi; median household income $70,250; median gross rent $1,323; 51% renters; 6.1% vacant units; 16.4% commute by transitACS 2023 5-year
Walkability (EPA, block group)index 17.7 of 20; 137 intersections per sq mi; nearest transit stop 219 m; land-use mix 0.79; 107,895 jobs within 45 min by car, 182,399 by transit; 38% of households without a carEPA Smart Location
Within a 10–15 minute walk (800 m)6 of 6 daily needs: 4 grocers, 4 schools, 12 parks or playgrounds, 7 health, 4 civic, 32 food and drink; 145 cycleway segments, 241 sidewalk-tagged segmentsOpenStreetMap
Opportunity Zoneyes, tract 41051008201 (rural)HUD
Housing permits, Multnomah County (OR), 2024905 units in 5+ unit buildings, 100 in 2–4, 1,035 single-family; 2023: 2,397 in 5+Census BPS
Social vulnerability (CDC SVI 2022, tract)overall percentile 0.91; socioeconomic 0.76; housing and transport 0.88; 19% below 150% of poverty; 20% of households with no vehicleCDC/ATSDR
Other atlas sites nearby4 within 10 km, 6 within 25 km: Eastport Plaza (3.0 km); Lloyd Center (7.4 km); Bowstring Truss House (8.8 km); Circuit City (8.8 km)computed
Overture Mapsplace Mall 205 Plaza (train_station, confidence 0.95, from Overture, meta); building footprint 14,774 m²Overture (CDLA-Permissive 2.0)
Website and socialno website listed · social: facebookOverture / Internet Archive
Attention: Wikipedia page views73,875 since 2015; 5,008 in the last 12 months (-2% vs the prior 12); peak 2021-05 with 1,144Wikimedia
Tract change 2013–2023population +21% (2,813 → 3,404); median income +95% ($36,000 → $70,250); renters 62% → 51%; median home value +111% ($229,200 → $484,200)Census ACS 5-year
Natural hazard risk (FEMA National Risk Index, tract)relatively high overall (score 86.3); expected annual loss $2.7M; high: earthquake; community resilience very highFEMA NRI
Tax-credit housing within 1 km4 LIHTC properties, 304 units: Cherry Blossom (120 units); Cascade Crossing (74 units); Park Vista (59 units)HUD LIHTC
Retail trade in the county, 2025 (BLS QCEW)37,024 jobs in 2,806 establishments; average annual pay $48,312; employment location quotient 0.76; employment -2.7% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 20225,704 jobs; 650 in retail trade, 490 in accommodation and food (workplace blocks summed to tract 41051008201)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 46th income percentile as adults; 1.9% incarcerated at the 2010 count (336 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 14.2%; median family income $62,273; 162 SNAP householdsUSDA ERS
SchoolsDavid Douglas School District 40 (KG-12); 6 public schools within 1 mile: Cherry Park Elementary School; Floyd Light Middle School; Ventura Park Elementary School; Harrison Park SchoolNCES EDGE
Elevation260 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-202527 county-logged events: 8 heavy rain, 5 debris flow, 4 thunderstorm wind, 3 funnel cloud; $161,000 property damage reported; 4 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 97216, 2026-09median list price $403,213 (+4.0% on the year); 38 active listings; median 52 days on market; 26% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20232,783 establishments (-4%); 43,723 jobs (+17%)Census CBP
Housing market in the countytypical home value $496,807 (+0% 1 yr, -1% 5 yr); typical rent $1,683/mo (+2% 1 yr), 2026-09Zillow Research
House price index, tract, 2025570 (2000 = 100); +8.0% 1 yr, +35% 5 yr, +99% 10 yrFHFA
Traffic on the busiest road within 600 m (2024)8,807 vehicles a day (Interstate, 1 lanes); 10 counted segmentsFHWA HPMS

Summary, model-written

Mall 205 opened in 1970 as an enclosed shopping center with about 50 stores and anchors including Target and Home Depot. Over time it underwent a $20 million renovation in 2001, changed ownership in 2014 and 2022, and by March 2022 both Target and Home Depot had walled off their interior entrances, leading to the closure of the last interior tenants and the mall’s shutdown.

Why. The closure appears driven by the loss of key anchors, as Target and Home Depot walled off their interior mall entrances and the final two interior tenants shut down, leaving the mall without viable anchor traffic.

Where it stands. Mall 205 is currently closed and owned by Rhino Investments Group, which acquired the property in 2022.

For a planner

  • - Strategy listed as redevelopment with intended new use as retail.
  • - Prior renovation in 2001 by CenterCal Properties shows precedent for investment.
  • - Ownership transferred twice after 2001 (to Gerrity 2014, Rhino 2022), indicating market interest.
  • - No explicit policy tools or incentives are mentioned in the record.

For a developer

  • - Site size: 477,000 sq ft GLA.
  • - Control: Rhino Investments Group holds title since 2022.
  • - Entitlement stage: strategy notes redevelopment to retail, but no specific approvals detailed.
  • - Market signal: opportunity score 35, with median rent $1,582 cited as a reason.

What we do not know yet

  • - Exact entitlement status and zoning approvals are not stated.
  • - Environmental constraints, flood risk, and transit access are not described.
  • - Current physical condition of the building (demolition vs. reuse) is unknown.
  • - Financial details beyond the 2022 sale price (e.g., debt, holding costs) are missing.
  • - Fields marked as extraction (year_closed, original_developer, developer, after_notes, status, strategy, new_use) are model‑extracted and unreviewed.

Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • North DeKalb Mall, Decatur, GA · Malls · similar GLA (635,000 sq ft); opened 1965; closed 2020
  • New Harbour Mall, Fall River, MA · Malls · similar GLA (385,000 sq ft); opened 1971; same strategy: redevelop
  • Los Arcos Mall, Scottsdale, AZ · Malls · similar GLA (607,350 sq ft); opened 1969; same strategy: redevelop
  • Adrian Mall, Adrian, MI · Malls · opened 1970; closed 2023; same strategy: redevelop

Elsewhere on the web

Retail history: Mall 205 on DeadMalls.com photos, field notes and visitor memories since 2000; matched by name and city; nothing copied here

Pages with photos

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

Multifamily screen

  • closed or demolished site (sourced)
  • median rent $1,582

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Opened1970Wikidata
Closed2022extracted, unreviewed
documented
By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.

en.wikipedia.org

Gross leasable area477,000 sq ftEsri 2014 layer reported
Stores at peak50Esri 2014 layer reported
Original developerLenrich Associatesextracted, unreviewed
documented
New York-based developer Lenrich Associates announced plans for 'Mall 205', an enclosed shopping center with 50 stores that would cost $10 million, in March 1969...

en.wikipedia.org

AnchorsHome Depot, Target, 24 Hour Fitness, Bed Bath & Beyond, The Home Depot, Oregon DMV, Arch Fitters
AddressSE Washington Street & 205 Freeway
CountyMultnomah
Census division9 · Pacific
NotesWikipedia categories: Defunct shopping malls in the United States

Not yet recorded: acres, retrofit year. Know it? Tell us.

Background

Mall 205 was an enclosed shopping mall located at the junction of Interstate 205 and S.E. Washington Street in Portland, Oregon's Hazelwood neighborhood, in the United States. The mall featured over 20 stores and a food court; anchor stores include The Home Depot, Oregon DMV, Target, Arch Fitters and 24 Hour Fitness. The mall's two-story Target store was the largest Target in the state of Oregon. Mall 205 was acquired and renovated in 2001 by CenterCal properties.

Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.

Timeline

  1. 1969 Lenrich Associates announces plans for Mall 205
  2. 1969 Construction begins
  3. 1970 Opened (Wikidata)
  4. 1970 Mall opens
  5. 1974 White Front closes
  6. 1978 Emporium and Pay Less Drug Stores open in former White Front space
  7. 2001 Montgomery Ward and Emporium close
  8. 2001 Center Oak Properties acquires mall and begins $20 million renovation
  9. 2014 Sold to Gerrity for $76.5 million
  10. 2022 Sold to Rhino Investments Group for $43.2 million
  11. 2022 Interior mall closes as Target and Home Depot wall off entrances

Sources

  • Wikipedia: Mall 205 · supports: after notes, original developer, status, strategy, year closed
    15 quoted sentences
    By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.
    New York-based developer Lenrich Associates announced plans for 'Mall 205', an enclosed shopping center with 50 stores that would cost $10 million, in March 1969...
    By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.
    By March 31, 2022, both Target and Home Depot had walled off their interior mall entrances, and the last two interior mall tenants had closed their stores inside the mall to make way for redevelopment.
  • Esri StoryMaps: Closed_US_Malls feature layer (2014) · 2014-10-02

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