EUGENE, Ore. – The Eugene City Council will be discussing the proposed plans for the downtown riverfront development project during a work session on Monday. If approved, it will make some big changes for the property the city bought from EWEB in April.
During Monday night's work session, the city’s Urban Renewal Agency Board will discuss whether or not to approve the proposed plans. The discussion for redeveloping the downtown riverfront has been in the works for more than a decade, with an effort to connect downtown to the river.
The Portland-based developer Williams-Dame and Associates are the main developers set to turn the city's 16-acre riverfront property into a lively and accessible space for residents and visitors.
Their plans include 215 apartments, 70 town homes, a hotel with 125 rooms, restaurants, retail space and a three-acre park. City staff said Williams-Dame and Associates estimate the cost of the proposed project will be more than $100 million.
KEZI spoke to one Eugene resident who said this project has been a long time coming and hopes the city can follow through.
“I think that Eugene has not utilized its proximity to the waterfront in the way it should,” said Karen Alvared. “All great cities take advantage of where they are and Eugene has never had the vision to do that, and it's a small town. As long as it operates in a small-town mentality it's never going to be built up the way it should have been, which is to utilize the beauty of the river. So, we'll see if they really do it."
City staff hope to have construction done by 2021 and said construction could start as soon as next year.
The work session is open to the public on Monday at 5:30 p.m. inside of Harris Hall.
City staff said if the proposed terms are approved, they will discuss funding options for this project this fall.