Sponsored by Lane Powell

Proposed Eugene development could help downtown businesses

| Print |  Email
Must Reads
Wednesday, February 01, 2012

A proposed $80 million apartment project in downtown Eugene could mean an increase of $3 million in spending at downtown businesses annually.

If built, the complex would be the biggest downtown redevelopment effort in the city’s history, dwarfing both the $21 million, 170-unit Broadway Place apartments built in the late 1990s and Lane Community College’s ongoing $55 million project of classrooms and housing for 250 students on West 10th Avenue.
Observers say the addition of more than 1,000 college students would pump life into the sleepy area of downtown, which now includes parking lots and the shuttered buildings around the PeaceHealth’s empty Eugene Clinic building.
“This project holds enormous positive potential for our downtown,” said Dave Hauser, president of the Eugene Area Chamber of Commerce. The Capstone development and LCC projects “will bring students with a surprising amount of purchasing power to our downtown, help create 24/7 activity, build stronger connections to the University of Oregon and LCC campuses, and help us keep the long-awaited momentum going in our downtown.”

Read more at The Register-Guard.

{biztweet}eugene redevelopment{/biztweet}

 

 

More Articles

Grassroots movement pursues carbon bills

News
Tuesday, February 24, 2015
eventthumbBY KIM MOORE | OB RESEARCH EDITOR

A partnership of a grassroots environmental organization and a youth group is striving to build community and business support for carbon price legislation.


Read more...

5 companies react to lower fuel prices

The Latest
Thursday, January 15, 2015
thumb-shutterstock 233787049BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Consumers love the savings they get from low oil prices, but how has business been affected?


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...

A legislative preview — and celebration

Linda Baker
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...

Ski traffic

Linda Baker
Tuesday, January 20, 2015
0121-skiway-thumbBY LINDA BAKER | OB EDITOR

A place-based multimodal transportation plan for Mt. Hood is long overdue.


Read more...

Everything old is new again: How the EEOC is reinventing itself

Contributed Blogs
Tuesday, February 17, 2015
BY TAMSEN LEACHMAN | OB GUEST CONTRIBUTOR

It is important to understand the EEOC’s priorities, and ensure that your leadership understands the shifting expectations of regulators and the heightened standards to which you (and they) may be held.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS