EUGENE, Ore. -- Nike announced Thursday they will be the main tenant in the 5th Street Public Market expansion.
Nike will occupy 6,500 square feet at the corner of 6th Avenue and Pearl Street.
Obie Companies, the owners of the market, broke ground on the $75 million expansion seven months ago. They said the project should open in fall 2020.
Nike first opened in the 5th Street Public Market in 1988 and operated at that location until 2008.
“We have always believed that Nike belonged at the 5th Street Public Market,” Brian Obie, CEO of the market, said in a statement. “We were honored to have Nike here for 20 years and are thrilled beyond words to welcome Nike back. The Market is in Eugene’s most historic neighborhood. Nike is a huge part of Eugene’s history and vice versa. It’s a perfect fit.”
The new site is across the street and directly west of the 5th Street Public Market. They'll be building three new buildings on the currently county-owned land -- a retail space, an apartment complex and a boutique hotel -- all connected by a 200-foot covered Market Alley.
"The University of Oregon, with Phil Knight, they're so deeply enrooted with each other, so that's a huge aspect to it. With the new Hayward Field, I'm sure this Nike store will bring in even more revenue with that," said shopper Jared Mack.'
KEZI 9 News reached out to Nike and Oakway Center about what will become of the Nike store on Oakway Road. They have yet to respond.
In August, Obie announced that Handel's Homemade Ice Cream would be moving into a corner space in the expansion.
Stay with KEZI 9 News for udpates.
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