Item B: Review of West Broadway Request for Qualifications Responses

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· Concept consisted of housing and entertainment district. Conceptually proposed over one million square feet of new development consisting of retail, ownership and rental housing, cinenla, grocery store, 'hotel, and parking. e Strong in the areas of housing, retail, and complex development eDeveloped successfully across the street from Bridgeport Village in. Tualatin~ · Gray did tenanting for Bridgeport Village and Mill Sh.op district in Bend, and has depth in retail market. · Kemper has done a lot of housing. For example, in the Hawthome district in Portland, including mixed income and affordable housing. Kemper also did mixed use, affordable, live...work,. owner-occupied housing in Milwaukie. · Issues with the KWG Development Partners concepts: o May require significant City financial resources including parking. o Housing density highly desired but reality is that market would require some form of structured, attached parking for residential. o May require a plan amendment to increase the maximum indebtedness for the urban renewal district. o The comprehensive approach would require broad community support and there would be a lot of discussion over something of this magnitude. o Structural condition of the Centre Court building for reuse as a hotel would need to be researched.. o Demolition of the WashbumeBuilding. o Initial concept required control of additional properties the City did not currently have under option; may need to renegotiate extensions on. properties currently under option. o Comprehensive approach may have long term, positive financial implications related to tax revenue within the urban renewal district; spin-off a.ctivity may create additional tax increment associated with other investments. Staff responded to comments from the committee. . Likes movie theater concept. What was experience with housing and a n10vle theater in the same development? . .Examples in Portland, San Jose, Chicago cited. . Proposal contains three stories of residential over the WashbumeBuilding. Code may not allow that much residential. Saving the Washburne Building worthwhile. . Envelope of the Washburne Building worth saving; rebuild the inside of the structure. o Response: This initial concept assumes tearing do,vn the building. If public sentiment is different, there would need to be opportunity for input.. Important to adapt something from the past into the future maybe important . Most comprehensive proposal with manydesirable.components--~concemed about proposed 55,000 square foot grocery near other small, local grocery stores. Developer may have done projects th.at were in tune with what Eugene would like. Offers potential for creative problem solving to help find a win-win solution for all of the concerned parties. . Who would be responsible for signing grocer and cinema? o Response: Developer. . This is not unusual~developers have anchor tenants sign.ed before construction began. MINUTES~ Eugene Redeveloplnent Advisory Committee February 23, 2007 Page