Urban Renewal in Eugene
Urban Renewal or Tax Increment Financing is a tool used by municipalities to finance improvements and redevelop in specific areas of a city by reinvesting the increase in the area’s property taxes. Eugene has two urban renewal districts: the Downtown Urban Renewal District and the Riverfront Urban Renewal District. More information about both districts can be found below.
What’s Happening with Riverfront Urban Renewal?
Learn more about what is currently happening with the Riverfront Urban Renewal District on the Downtown Riverfront webpage, or click below to read about some of the guiding documents for the district:
- EWEB Riverfront Master Plan
- Riverfront Urban Renewal Plan (2004)
- Map of Riverfront Urban Renewal District with updated boundary
Learn more about the Riverfront Urban Renewal Advisory Committee (River Guides) who advise the Agency Board on activities in the District.
2020 Downtown Urban Renewal Plan Amendment
On November 24, 2020, City Council voted to amend the Downtown Urban Renewal Plan and remove the project specific cap on tax increment funds for the Farmers Market, which will make it possible for the build out of the full Farmers Market project including the pavilion (For more details on the Farmers Market visit our project website).
The 2020 Plan Amendment does not add or remove projects from the 2016 plan and does not change the district boundaries. See below for more information about the projects included in the Downtown Urban Renewal Plan.
2016 Downtown Urban Renewal Plan Amendment
On June 13, 2016 Council amended the Downtown Urban Renewal Plan, which makes the four projects below eligible for urban renewal funds. Visit the links below to learn more about the projects:
- High-Speed Fiber
- Farmers Market Space Improvements
- 1059 Willamette (Lane Community College (LCC) Old Building Redevelopment)
- Park Blocks & Open Space Improvements
In addition, the approved amendment:
- Outlines a required community engagement and public hearing process Opens a New Window. before the City Council, acting as the Agency Board, can take action to fund the projects (except high-speed fiber Opens a New Window. ). (See section below for more information.)
- Increases the spending limit (the amount that can be spent on the projects) to $19.4 million; and
- Expands the district boundary Opens a New Window. by five acres to incorporate the eastern Park Block area and a portion of the City Hall block.
A summary of City Council work sessions January through June 13, 2016 can be found here Opens a New Window. .
Community Engagement and Public Hearing Process
The 2016 Amendment requires community engagement and public input before City Council, acting as the Agency Board, can approve project spending from urban renewal funds. Section 600 A and C of the plan provide details on the process for the Farmers’ Market, Park Blocks/open space, and LCC old building (1059 Willamette) projects. The fiber project had public input as part of the Eugene Community Broadband Strategic Plan.
Community Review Panel
Learn more about projects approved by the Urban Renewal Agency Board and expenditures in the Downtown Urban Renewal District in the Expenditure Review Panel Reports listed below.
- Fiscal Year 19
- Fiscal Year 18
- Fiscal Year 17
- Fiscal Year 16
- Fiscal Year 15
- Fiscal Year 14
- Fiscal Year 13
- Fiscal Year 12
- Fiscal Year 11
How You Can Participate
Interested in staying up to date on the latest Downtown Improvement projects? Click here Opens a New Window. or text DTWNPROJ to 22828 to subscribe to the City of Eugene Downtown Improvement Projects Mailing List!