Resolution No. 5247 - Laserfiche WebLink

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Resolution Exhibit A REPORT AND RECOMMENDATION of the Planning & Development Department Gordon Lofts Application for Multiple -Unit Property Tax Exemption The Executive Director of the Planning & Development Department of the City of Eugene Finds that: 1. The Gordon Lofts apartments will be developed on real property located at 6th Avenue and Pearl Street, Eugene, Oregon (Assessor's Map #17-03-31-11-04400 currently portions of tax lots 03200 and 02800). Lane County is the current owner of the subject property. Obie Companies, Inc. and Gordon Lofts, LLC submitted an application pursuant to the City's Multiple -Unit Property Tax Exemption ("MUPTE") Program (Sections 2.945 and 2.947 of the Eugene Code, 1971), with respect to residential and commercial units to be constructed on the property. Lane County has expressed support for the application. 2. As the City Manager's designee, I have reviewed the application and find that: 2.1 The project will provide 5 two-bedroom units, 53 one -bedroom units and 69 studio units, for a total of 127 residential units, none of which will be for transient use or vacation occupancy. The ground floor will contain a total of approximately 10,000 square feet of commercial space. 2.2 The project is not designed to be student housing, meaning it will be leased by the unit (rather than by individual rooms or beds) and the unit configuration does not include several bedrooms with individual bathrooms and sparse common space or include amenities and location selected primarily for individuals attending college and offer limited viability as potential housing for the general population. Additionally, the project does not designate any of the units for transient use or vacation occupancy. 2.3 Construction is expected to be complete on or before January 1, 2022. 2.4 The project is located in the downtown area described in subsection (1) of Section 2.946 of the Eugene Code, 1971. 2.5 The applicant submitted all materials, documents and fees required by the City as set forth in Section 2.945 of the Eugene Code, 1971, and the administrative rules adopted by Administrative Order No. 53-18-03-F. 2.6 The applicant has responded to the Required Public Benefit criteria as follows: 2.6.1 Compact Urban Development. The project will be built in the C-2 Community Commercial Zone, which has no minimum density requirements for mixed-use projects. The proposed, mixed-use project includes 127 residential units, with a density of 254 units per net acre. 2.6.2 Green Building Features. The project will utilize the City of Eugene Building and Permit Services Pathway in order to meet MUPTE green building