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YOIICIeS vevelop a resraentrar mixea-use project on <br /> Willamette Street incorporating the former <br />l: Stimulate multi-unit housing in the downtown Woolworth site and Centre Court building. <br />core and on xhe edges of downtown fora variety <br />of income levels and ownership opportunities <br />.Encourage rehabilitation of older multi-story <br /> rental housing south and east of the downtown <br />2. Reinforce residential use in neighborhoods core.. <br />abutting the downtown commercial core to help <br />contain commercial activity in downtown and ' <br />Seek new opportunities for owner-occupied <br />maintain the historic character andlivability of housing in or.near downtown tht~ough incentives <br />adjacent neighborhoods. such as MUPTE, CDBG, and .Urban Renewal. <br />~CTt ~el"1'tetlt1t101'1 StY1te 1@S <br />P g Assess and mitigate the impact of infill <br /> development in the neighborhood areas <br /> immediately adjacent to downtown. <br />A. Expand the'MUPTE program boundary to <br />encourage housing orr the edges of downtown. Conduct a downtown area housing policy <br />Periodically review boundariesand expand to analysis to assess the impact of .policies affecting <br />include areas where additional housing is neighborhoods on the periphery of downtown <br />appropriate. and recommend policy amendments to;promote <br /> housing preservation. <br />B._Establish a vertical housing tax exemption zone in <br />order to .encourage residential density and mixed- <br />use development. <br />G. Develop additional financial tools to assist with ,~ .i <br />the development of housings including the use of ,~. <br />bonds, tax increment financing, land assembly and <br />~:~ '= <br />parking. <br /> ~~ <br />D. Remove regulatory barriers to the development ~- ,.~ - <br />of housing in commercially zoned areas ~ ,~: <br />. <br />~ <br />` <br />downtown while ensuring compatibility of uses. Y <br />~ <br />,~ <br />~_ <br />and design. _, ~ ; <br />~• <br /> <br />E. Reinforce opportunities for home ownership ,~~ <br />~" " ~ <br />/ <br />downtown. ~' <br /> <br /> <br />F. Seek opportunities to equalize the costs of <br />ared <br />in and near downtown com <br />sin <br />b <br />ildi <br />ho .; ~ ; <br />S <br />x ~" <br />"~~ <br />p <br />u <br />g <br />u <br />ng tom.. ~ <br />~ <br />with locations elsewhere in the city. ~~ <br /> <br />G. Support the continued residential use of ;. _ ~ <br />~~ - ~"°~ <br />structures in neighborhoods bordering ~, . ,~ j,' <br />downtown. <br />:, ~ ~:._ <br />Pt'O)eCtS Downtown living - at home in .the heart <br /> of the city: <br />"Examples of possible projects that address the <br />implementation strategies: <br />• Build an affordable.or mixed income housing <br />development on the 8th Avenue"land bank" site. <br />east of the WOW <Hall. <br />EUGENE DOWNTOWN PLAN APRIL 2004 25 <br />