The City received only one submission in response to the Request for Proposals. Given the challenges of redeveloping the site and meeting the rent requirements, it is not surprising that the City did not receive multiple proposals. This is a unique, challenging, and complicated project. There are challenges working with a constrained L-shaped site with a vacant, unmaintained building. It is difficult to construct buildings downtown, due to the tight physical space. In addition, the mixed-income housing model is complex. It requires an understanding of both the market-rate and Affordable-Housing development realms, including the knowledge of how to navigate federal Affordable Housing requirements.
Other developers in Eugene expressed interest in the RFP, and we asked why they did not submit a proposal. We learned that some had a lack of capacity to take on additional work. Others reported that they would be interested in the project if it had included the corner lot, but they were unable to acquire that parcel.