The property includes 1.8 acres located at East 8th Avenue and Ferry Street adjacent to the Wayne Morse Federal Courthouse.
Northwest Community Credit Union, an Oregon-based not-for-profit financial cooperative, purchased the property from the Urban Renewal Agency and built a 4-story building to relocate the Credit Union's headquarters from Springfield to downtown Eugene. This development served to continue the revitalization of this stretch of 8th Avenue. Approximately 150 people were employed initially at the location, and the building has the potential for employment to grow to 200.
The building, completed in 2014 by Andersen Construction and designed by Rowell Brokaw Architects, is a mixed use commercial space occupying approximately 69,000 square feet. The first floor contains the credit union, data center, community room, leasable space, and a terrace to host in-house community events. The second floor includes offices, conference space, video conferencing, and serves as he base of a central three-story "huddle space" atrium which is open to floors three and four. The third and fourth floors include additional offices, executive offices, a large board room, and a roof terrace. The building has achieved LEED Silver status, and has been utilized for green building and facility educational tours within the community.
How does this fit with our City plans for downtown and the Riverfront area?
The site is on 8th Avenue which is one of the four Great Streets in downtown Eugene. Redevelopment of this important site by Northwest Community Credit Union addresses long held goals and policies for a vibrant, prosperous, inviting downtown connected to the riverfront. A redevelopment of this site also supports downtown as a strong regional center and draws a significant number of employees to this key downtown location. The Northwest Community Credit Union investment of $15 million supports the overall mix of uses envisioned for the courthouse area. The development takes full advantage of the large transportation infrastructure investment completed for the Courthouse and designed for a use such as the one proposed. Additionally, the site is the home of one of 35 Peacehealth Rides bike share stations.