Merchandising meccas and other commercial curiosities. Our exhibits range from the early 20th century to the present day.
Our first 280 METRO site plan depicts the power plaza as it stood in 1988. At the time, it was anchored by Home Depot, Nordstrom Rack, Marshalls, a Federated Superstore and United Artists 6-plex. The complex covered approximately 228,000 leasable square feet. Its parking area provided spaces for 1,400 autos.
280 METRO CENTER TENANTS 1988:
FEDERATED SUPERSTORE (home electronics) / HOME DEPOT / MARSHALLS / NORDSTROM RACK / 39 Minute Photo / Andy's Annex / Athletic Shoe Factory / Beauty Store & More / Body Express / Burger King (outparcel) / Clothestime / Diamond Center / Dimensions in Fashions / Famous Footwear / $5 Dollar Clothing Store / Herman's World of Sporting Goods / Jil's Cafe / Men's Wearhouse / New York Fabrics / Ortho Mattress & Furniture / Paper Image Cards & Gifts / Penguin's Place Frozen Yogurt / Pier 1 Imports / Pierra Accessories / Precision Lens Crafters & Eye Exam 2000 / Shoe Works / Stacks & Stacks / The Bedroom / The Wherehouse (music & video) / UA the Movies (6 screens) / Van Huesen Factory Store / Welcome Home (housewares) / Well Pet / Za-zoue Accessories
Junipero Serra and Colma Boulevards
Colma, California
One of America's first power center-type shopping hubs was built by a joint venture of Burlingame, California-based Terranomics Development and San Francisco-based Rawson, Blum & Leon Properties.
The head of the Terranomics company, Merritt Sher, began developing so-called "promotional centers" in 1970. These followed the basic strip shopping center format, with tenants such as Bed, Bath & Beyond, Toys "R" Us and Wall Paper To Go.
As some of these specialty chains expanded from regional to national focus, and the size of their individual stores grew, a new name began to be heard..."power retailer," "category killer" or "big box store". A new type of community-class complex emerged. Instead of being anchored by large department stores or a supermarket, it would include several "power retailers" as its main draw.
The nearest shopping complex in the 280 METRO trade area was the fully-enclosed SERRAMONTE CENTER (1969) {.1 mile southwest, in Daly City}.
280 METRO CENTER is noteworthy for housing one of the very first Old Navy Clothing Company stores. The (13,100 square foot) unit, one of three inaugural locations, was dedicated on March 11, 1994.
The original Home Depot at 280 METRO CENTER was replaced with a 1-level (100,000 square foot) store. Built as a southern outparcel, it began business in 1995. The original building sat vacant (and still leased by the company) until it was repurposed as a Home Depot Pro store. This newly-created format, marketed specifically to contractors and other building industry professionals, was dedicated April 30, 1998.
Terranomics sold the shopping center to San Franscisco-based RREEF Asset Management in 1997. In June 2003, a joint venture of New Hyde Park, New York-based Kimco Realty and a subsidiary of New York City-based Blackstone Real Estate Partners acquired the property.
Meanwhile, Kimco Realty bought out its joint venture colleague in September 2014. Kimco assumed total ownership and control of thirty-nine properties, including 280 METRO CENTER. Nordstrom Rack, which had maintained a 280 METRO store since 1987, relocated to SERRAMONTE CENTER in September 2017. The vacant 280 METRO space was retenanted, by Ashley Home Furniture, in November 2019.
Sources:
The San Francisco Examiner
http://www.280metrocenter.com
http://www.gapinc.com
http://rebusinessonline.com
http://www.kimcorealty.com
http://www.cinematreasures.org
San Mateo County property tax assessor website