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Stimulate multi-unit housing in the downtown core and on the edges of downtown for a <br /> <br />? <br />variety of income levels and ownership opportunities. <br />Actively pursue public/private development opportunities to achieve the vision for an active, <br /> <br />? <br />vital, growing downtown. <br />Use downtown development tools and incentives to encourage development that provides <br /> <br />? <br />character and density downtown. <br /> <br />Relevant Downtown Plan Implementation Strategies include the following: <br />Promote multi-story, mixed-use structures downtown through financial incentives or code <br /> <br />? <br />amendments. <br />Encourage education-related development downtown, such as student housing and support <br /> <br />? <br />services. <br /> <br />th <br />In addition, the proposed future development of the 10 and Charnelton site is responsive to the <br />following Growth Management policies: <br />Policy 1: Support the existing Eugene Urban Growth Boundary by taking actions to increase <br />density and use existing vacant and under-used land within the boundary more <br />efficiently. <br />Policy 2: Encourage in-fill, mixed-use, redevelopment, and higher density development. <br />Policy 3: Encourage a mix of business and residential uses downtown using incentives and <br />zoning. <br />Policy 10: Encourage the creation of transportation-efficient land use patterns and <br />implementation of nodal development concepts. <br />Policy 14: Development shall be required to pay the full cost of extending infrastructure and <br />services, except that the City will examine ways to subsidize the costs of providing <br />infrastructure or offer other incentives that support higher-density infill, mixed use, <br />and redevelopment. <br /> <br /> <br />AGENCY OPTIONS <br /> <br />1. Direct the Agency Director to a) enter into an exclusive negotiation period not to exceed 90 <br />th <br />days with WG Development for the sale and development of the 10 and Charnelton <br />development site; and b) return to the URA with terms of the sale and development for <br />approval. <br />2. Direct the Agency Director to a) enter into an exclusive negotiation period not to exceed 90 <br />th <br />days with Opus NWR Development L.L.C. for the sale and development of the 10 & <br />Charnelton development site; and b) return to the URA with the terms of the sale and <br />development for approval. <br />3. Defer selection of a proposal at this time and recommend next steps to the Agency Director. <br /> <br /> <br />AGENCY DIRECTOR’S RECOMMENDATION <br /> <br />Direct the Agency Director to a) enter into an exclusive negotiation period not to exceed 90 days <br />with either WG Development or Opus NWR Development L.L.C. for the sale and development <br />th <br />of the 10 and Charnelton development site; and b) return to the URA with the terms of the sale <br />and development for approval. <br />Z:\CMO\2008 Council Agendas\M080730\S080730B.doc <br /> <br />