acorn park retail
Project Type: Retail, Redevelopment
Location: Eugene, Oregon
Size: Phase 1 - 1,850 SF | Phase 2 - 9,000 SF
Completion: Phase 1 - September 2012 | Phase 2 - September 2013
Cost: $2,640,000
Project Team
Development Management: deChase Miksis
Architect: Mark Miksis
Contractor: Ordell Construction
Location: Eugene, Oregon
Size: Phase 1 - 1,850 SF | Phase 2 - 9,000 SF
Completion: Phase 1 - September 2012 | Phase 2 - September 2013
Cost: $2,640,000
Project Team
Development Management: deChase Miksis
Architect: Mark Miksis
Contractor: Ordell Construction
deChase Development was hired by Skillern Investments LLC to analyze their portfolio of income properties and redevelop the assets with the most upside potential. A fully depreciated, underperforming property along West 11th Avenue was the initial project undertaken by deChase.
deChase handled all aspects of the project from securing Starbucks as the anchor tenant to the establishment of an operations and maintenance plan for the property upon completion.
The project was completed in the fall of 2013 on time and under budget. The center is 80% leased and receiving the highest rents in the market.
deChase handled all aspects of the project from securing Starbucks as the anchor tenant to the establishment of an operations and maintenance plan for the property upon completion.
- Key deChase responsibilities:
- Provided all site due diligence and feasibility analysis
- Complete pro-forma development and financial analysis
- Developed risk management plan
- Negotiated all vendor and partner contracts
- Managed all governmental entitlements including multi-jursidictional environmental approvals
- Secured all financing and provided all budget monitoring and oversight
- Managed a fast tracked project, delivering space to a tenant with an extremely demanding schedule
The project was completed in the fall of 2013 on time and under budget. The center is 80% leased and receiving the highest rents in the market.