Downtown Riverfront Steam Plant

Steam Plant News

The Eugene City Council acting as the Urban Renewal Agency Board (Agency) discussed and approved the proposed terms for the redevelopment of the Steam Plant at their January 26, 2022 work session.

With the approval of the proposed terms, the Agency and Dream Plant development team can enter into a development agreement that would enable Dream Plant to start its due diligence.

The team would close on the property and start construction no later than September 30, 2023 as long as  the proposed terms are met and if both parties have identified the necessary funding during due diligence. Construction would take approximately 18 months.  

Watch the January 26, 2022 work session and review the meeting materials.

Steam Plant Proposal from Dream Plant Development Team

Steam Plant Proposal cover Opens in new window

View Here

The oldest standing structure on the Downtown Riverfront property, the Steam Plant has the potential to connect Eugene’s future to its past. As part of the Downtown Riverfront redevelopment, the EWEB Riverfront Master Plan emphasizes the community’s wish to reveal the “layers of history” embedded in the site to create this special, historically significant place. Its unique position as an icon of Eugene’s industrial past and location within 50 feet of the top of the riverbank calls for the plant to be preserved and repurposed as an important historical landmark at the east end of the Downtown Riverfront property.

  1. Future of the Steam Plant
  2. Steam Plant History
  3. Resources and Additional Info
  4. Previous AGency Board Direction

Steam Plant Redevelopment

In January 2022, the Urban Renewal Agency of the City of Eugene approved terms for the redevelopment of the Steam Plant. The revisioning of the Steam Plant will be led by a local development team headed by Mark Miksis, of deChase Miksis, and Mark Frohnmayer, of Arcimoto. The team proposes to save and adaptively re-use the Steam Plant, transforming it into a vibrant mixed-use center that maximizes public participation and Steam Plant Proposal cover Opens in new windowenjoyment. The ground floor would look out to the river, drawing the public in for art, music, food, and drink. The upper levels of the building would include an independent hotel and office spaces that would provide the fiscal foundation to make the redevelopment feasible. 

Click here to view the team’s proposal. 


 For more information on the proposal and the approved deal points, you can  view the materials and watch the January 26, 2022 work session .


Background

On April 23, 2018, the Agency Board approved a process for the redevelopment of the Steam Plant and criteria to guide the process. The approved process and criteria can be found below: 

Qualifications Phase 

The Agency issued a Request for Qualifications from visionary teams for the redevelopment of the Steam Plant. The Agency received four submissions to the RFQ. The RFQ and submissions can be found below:

Proposals Phase

In August 2018, the City invited the development team led by Mark and Mark to prepare a full proposal for the redevelopment of the Steam Plant. The development team engaged in a robust due diligence process to develop their full proposal for the Steam Plant’s redevelopment.

The local team and the City launched a community outreach campaign on in January 2019 to solicit feedback on the proposed concepts. Click here to read the online survey results


In April 2019, the River Guides evaluated the proposal and recommended moving into negotiations with the development team. On April 24, the Agency Board directed the Agency Director to negotiate deal points with the team. 

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  1. Amanda D'Souza


    Business Development Analyst
    99 W 10th Ave
    Eugene, OR 97401
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