The Eugene City Council voted 8-0 Monday to enter into an exclusive negotiation with developers looking to build over an open space in downtown Eugene.
City Manager Dennis Taylor recommended that the council allow the Urban Renewal Agency director to enter into 90-day negotiations with TK Partners, who proposed developing the former Sears department store property as housing.
The development area primarily covers open space on West 10th Avenue and Charnelton Street, according to project documents. The parking lot along West 10th Avenue is also part of the site.
After the 90 days, the agency will return to the Council with the proposed terms of sale and development for the site.
TK Partners was selected over two other proposals from developers.
The Urban Renewal Agency requested proposals to develop the site in June.
The Sears building closed in 2005.
Eugene hires TK Partners to develop former Sears lot
October 17, 2006
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