Item B: Core Campus Application for MUPTE for 505 East Broadway

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construction costs related to building code requirements. Allowing the MUPTE to include the ground floor commercial/retail space would improve the financial feasibility of incorporating the space into the project and stimulate a desired form of mixed-use development. Timing June 17 is reserved for consideration of the Core Campus project; the City Manager’s recommendation will be provided with the 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 residents. Implement a toolbox of incentives that support the achievement of OS outcomes. Regional Prosperity Economic Development Plan Strategy 5: Identify as a Place to Thrive - Priority Next Step - Urban Vitality  As a creative economy is fostered, dynamic urban centers are an important asset. Eugene, Springfield and many of the smaller communities in the region recognize the importance of supporting and enhancing vitality in their city centers. Building downtowns as places to S:\CMO\2013 Council Agendas\M130610\S130610B.doc