adidas North America is Getting Biggerer...


Fast-growing Adidas will more than double the size of its North American headquarters when it builds three more buildings on its North Portland campus.

The company will launch construction in late summer or early fall on two three-story buildings and a five-story structure totaling 425,000 square feet. Currently, Adidas has its 1,700 local employees squeezed into 365,000 square feet of space.

Adidas is the hottest brand in the athletic footwear and apparel business. It continues to win market share from industry leader Nike. Net sales grew 16 percent to more than $24 billion in 2017.
Adidas has felt no affect, its executives claim, from the pay-to-play scandal in U.S. college basketball. Two Adidas officials are among the nine charged with fraud and other charges.

The new expansion plan has grown considerably more ambitious as Adidas' market momentum has continued. In October, Adidas North America President Mark King said the company would add an additional 200,000 square feet of space. Five months later, the company has decided to more than double that.

King also said in October that the new space would allow Adidas to increase the size of its local workforce from 1,700 to 2,800.


It's unclear whether the subsequent increase in planned new construction also indicates Adidas' staffing plans have also ratcheted upwards. Adidas officials declined to comment.

Some neighbors have complained about the crowds at the Adidas complex, and about employees and visitors to the facility parking on neighborhood streets. Company officials met with members of the Overlook Neighborhood Association on Tuesday night to inform them of the expansion.

To address the crowding, Adidas is moving its popular employee store from the current campus on North Greeley Avenue to the Montgomery Park building in Northwest Portland.

"We're looking at a situation where the people living just across the street from Adidas are not happy, and I don't blame them," said Chris Trejbal, head of the Overlook association. "We're talking about a lot of people, lots of crowds. And now we're talking about new three-story and five-story buildings."
Yet, Trejbal gave Adidas credit for proactively informing neighbors of its plans. He also said the new employee parking included in the expansion plan will help alleviate congestion. Currently, neighborhood streets in the immediate vicinity are often jammed with Adidas visitors and customers. - SOURCE



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