The University of Oregon Foundation and its development partners have been selected to redevelop the EWEB industrial site into a vibrant and locally owned riverside district, following a vote Tuesday evening.

The concept, submitted in July, calls for a mix of parks, shops and housing bordered by a public boardwalk along the Willamette River. It would renovate and reuse historic buildings on the site and create the long-sought connection between downtown and the river.

“The University of Oregon Foundation is honored to be selected as the master developer of EWEB’s 17-acre riverfront property,” said Paul Weinhold, UO Foundation president and CEO. “As local partners with vested interest in the long-term success of the River District and the health of the Eugene-Springfield community, we are excited to work with the City and citizens of Eugene to execute the vision for this unique site as set forth in the Master Plan.”

The proposal can be viewed at www.eugeneriverdistrict.com. The foundation stressed its deep connection to the city and the advantage of having a developer in tune with Eugene’s values, one that will keep revenues local and isn’t looking to develop and sell.

“A thriving community, a beautiful setting, a world-class public university—this is Eugene’s identity and its future – and we are excited to be part of this transformational opportunity that will enhance our future economically, environmentally and socially,” said Weinhold. “In the coming months, we will work diligently with EWEB to reach a price that is fair to the ratepayers, and to create new connections and opportunities to further support a successful and thriving Eugene.”

In addition to Weinhold and Jay Namyet, UO Foundation chief investment officer, the development team includes many local planners and architects. They include Rowell Brokaw Architects, Eugene financial advisor Hugh Prichard, real estate advisor Harris Hoffman and development manager Mark Miksis of deChase Miksis Development. Hal Ferris of Spectrum Development Solutions also is on the team.

As a group, the team has developed more than 75 mixed-use projects around the Northwest.

—By Tobin J. Klinger, Public Affairs Communication