Register Guard--
City planners say that potential developers are asking for extra time to submit proposals for the former Sears building in downtown Eugene. However, some local real estate experts wonder if some of the same financial difficulties[ e.g. being classified as a "depressed urban area" source:ORI.ORG] is hindering developer interests.
Two development groups that have been curious about the property stated Tuesday that they are no longer interested.
The site, which is nothing more than a deep pit now had recently gained the interest of Oregon research Institute which was forced to scrap its plans for the $21.5 million office building when the firm could not secure financing.
I said it was a mistake when they first closed the downtown mall... and I was right. They reopen the mall to car traffic however, I think it was too late. What downtown Eugene has become is a place that as a woman I am very nervous about walking through the downtown area by myself and I avoid doing so as much as possible.
6 comments:
the best thing for downtown would be to turn that pit into a giant free parking complex, so that people could actually get to and enjoy downtown. they could pay for it by scrapping the new high speed bus that no one wants and no one will use.
the second best thing would be driving out the panhandlers and drug dealers.
Maybe fill it with water and have a big swimming hole. At least then it would be useful.
I'd say they need a new city engineer.
Actualy, no. What will likely happen will be this: as METRO increases its tentacles down-valley, they'll grab it. Remember, they remodeled a Sears building in Portland into their headquarters, and hold it up as a marvel of "green" rennovation.
They'll need a "sub-headquartrs" down that way....
maybe it will be just become a parking garage
Considering the price tag, I would expect a big corporation to grab it. Who is looking for property for relocation at the time? I just hope it isn't Wally World.
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