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investment in retail, market-rate housing, private office development and, until recently, a willing private <br />developer. <br /> <br />Mr. Sullivan noted three projects that were in their final planning stages: the Oregon Research Institute <br />(ORI) building, the Whole Foods project, and the Connor and Woolley/Opus proposal. He used an aerial <br />photograph to illustrate the location of the proposed Connor and Woolley/Opus project and said the three <br />projects would go a long way toward completing the build-out of Broadway from west to east as a Great <br />Street. <br /> <br />Continuing, Mr. Sullivan stated that 67 percent of the ground floor space along the two blocks of Broadway <br />between Charnelton Street and Willamette Street was vacant and other properties were under-utilized for the <br />street’s potential. He said the building configurations and space sizes were challenging for redevelopment <br />and re-tenanting and would likely require significant demolition. He said the $165 million Connor and <br />Woolley/Opus proposal included 186,000 square feet of retail space, 100,000 square feet of office space, <br />288 housing units, a 1,600 seat cinema, 743 new parking spaces (455 public) and a hotel. He used a <br />massing plan to illustrate the scale and location of buildings in the proposed development and pointed out <br />that parking was embedded in each of the three new buildings. He said the proposal indicated a total need <br />for 1,854 parking spaces and of that total over 1,100 were currently available in the public parking system; <br />743 new parking spaces were needed and they would be embedded in the new buildings. He said according <br />to the proposal, 455 of the new spaces would be City-owned and presumably paid for by the City. He listed <br />the outstanding issues: <br /> <br />? <br /> <br />public parking – the amount to be provided, cost and financing issues <br />? <br /> <br />potential amendments to the urban renewal plan <br />? <br /> <br />assembly of private property <br /> <br />Mr. Sullivan said the recommendation was for staff to continue working with Connor and Woolley/Opus to <br />develop a more detailed proposal related to West Broadway for the council’s consideration. He said the <br />proposal represented positive potential for realizing a fundamental step in the revitalization of downtown. <br /> <br />Mayor Piercy called for council questions and comments. <br /> <br />Ms. Bettman said she supported downtown housing and saw a role for the City in providing parking but was <br />not certain she could endorse the concept of the proposal because it appeared to include use of eminent <br />domain to consolidate properties, sale of the Atrium Building, national and regional retail stores, public <br />subsidies, and unknown site plan options. She said the $165 million included the City’s investment and <br />questioned at what point a subsidy was considered extraordinary and could not be justified. She noted that <br />other developers and downtown property owners did not have access to the same kind of extraordinary <br />subsidies and incentives that the Connor and Woolley/Opus proposal expected. She said that subsidizing <br />one developer’s commercial and retail created an unlevel playing field and manipulated the free market. She <br />said if the proposed motion included any type of endorsement to move forward with condemning local <br />businesses, she could not support it. <br /> <br />Ms. Taylor said she had the same reservations as Ms. Bettman. She asked why the developers did not just <br />ask for a building permit like everyone else. Mr. Sullivan replied that there would be a point at which the <br />developer would need to apply for building permits. He said the development would occur within the <br />downtown urban renewal district and noted that the Downtown Plan encouraged incentives for certain types <br />of development in the downtown core, including retail, mixed-use development, and housing, with parking <br /> <br /> <br />MINUTES—Eugene City Council January 9, 2006 Page 4 <br /> Work Session <br />