Item B: Core Campus Housing - Laserfiche WebLink

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Need for Tax Exemptions to Encourage Ground Floor Commercial Core Campus proposes the potential inclusion of approximately 4,480 square feet of ground floor commercial space. The ground floor commercial use is considered to provide public benefit as commercial/retail uses in this area will support downtown vitality and the opportunity for project residents and others in the area to easily walk to the proposed commercial/retail services. There are risks associated with tenanting ground floor commercial at lease rates that can support the cost of constructing the space. Additionally, mixing uses within one building typically adds construction costs related to building code requirements. Mixed-use construction adds complexity and cost. Allowing the MUPTE to include the ground floor commercial/retail space will improve the financial feasibility of incorporating the space into the project and stimulate a desired form of mixed-use development. Timing June 10 is reserved for consideration of the Core Campus project. The City Manager’s recommendation will be provided with the June 10 agenda item summary. This application was submitted on January 24. By state statute and code, if the council has not acted within 180 days from the application date, the application would be deemed approved. RELATED CITY POLICIES Utilization of the MUPTE program to stimulate new multi-unit housing development addresses many goals for Eugene and downtown, including: Eugene Downtown Plan Stimulate multi-unit housing in the downtown core and on the edges of downtown for a  variety of income levels and ownership opportunities. Downtown development shall support the urban qualities of density, vitality, livability and  diversity to create a downtown, urban environment. Actively pursue public/private development opportunities to achieve the vision for an  active, vital, growing downtown. Use downtown development tools and incentives to encourage development that provides  character and density downtown. Facilitate dense development in the courthouse area and other sites between the core of  the downtown and the river. Envision Eugene Pillars Promote compact urban development and efficient transportation options.  Integrate new development and redevelopment in the downtown, in key transit o corridors and in core commercial areas. Meet the 20-year multi-family housing need within the existing Urban Growth o Boundary. Make compact urban development easier in the downtown, on key transit corridors, o and in core commercial areas. Protect, Repair and Enhance Neighborhood Livability.  Implement the Opportunity Siting (OS) goal to facilitate higher density residential o development on sites that are compatible with, and have the support of, nearby S:\CMO\2013 Council Agendas\M130529\S130529B.doc