Bugatti's closes Beaverton restaurant
Coming redevelopment and doubled rent prompts move; other locations remain open
When dinner was over on Sunday night, so was the Bugattis restaurant in Beaverton's Cedar Hills Crossing.
The closure came more abruptly than originally planned for the longtime restaurant. Bugatti's management already had decided it would not be part of redevelopment occurring at the north end of the shopping center, which will knock down several existing buildings (including Bugatti's at 2905 S.W. Cedar Hills Blvd.) and construct a larger retail complex at the corner of Southwest Cedar Hills Boulevard and Jenkins Road.
The new buildings would come with a huge rent increase approximately double what Bugatti's currently pays company president Jim Hedlund said.
Hedlund's team originally set April 17 as the restaurant's closing date to give employees a chance to find work, and for customers to get used to the idea as well or perhaps find their way to another Bugattis location, including one 15 minutes away in Hillsboros Tanasbourne area.
However, in a strong labor market, employees quickly found other jobs, and by late last week, Bugattis found itself without enough staff to keep the restaurant open another three weeks, Hedlund said.
The other three Bugattis locations, including Oregon City and its original ristorante in West Linn, had openings for a few of the Beaverton staff members, but most had to find jobs outside the company.
Bugattis had been in Beaverton for more than a decade and built a loyal customer base, and recent sales had been strong, Hedlund said.
We have people that come in every day, he said. Its their home away from home.
Hedlund said the company remains profitable and its other locations are doing well and are signed to long-term leases.
Despite that, the rising lease rates at Cedar Hills Crossing didnt pencil out for Bugattis because it makes nearly its full menu from scratch, requiring additional staff and expense, according to Hedlund.
The bottom lines very tight, he said.
Hedlunds staff looked at other potential locations in the Beaverton area but haven't found anything that would work for a Bugattis, he added.
Editors note: Robert B. Pamplin Jr. owns both Bugattis and the Pamplin Media Group, parent company of the Beaverton Valley Times.
By Eric Apalategui
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