Market District Townhomes featured in Register-Guard
By Elon Glucklich
March 18, 2018
At the southern base of Skinner Butte sits the historic Shelton-McMurphey-Johnson House, built in the 1880s, the Ya-Po-Ah Terrace senior living tower, built in the 1960s, and an apartment complex built in the 1970s.
Now a group of local developers hopes to add a touch of modern living to the base of the butte with the first new construction around the Eugene landmark in nearly a half-century.
Eugene development consultant Mark Miksis, attorney Rick Larson and property manager Jim St. Clair have been working behind the scenes for more than two years on their Market District Townhomes project.
They plan to fit 20 townhouses on a 1.7-acre lot between the base of Skinner Butte and Shelton McMurphey Boulevard, immediately west of the 1 West Fourth apartment complex. Street work could begin later this spring, Miksis said, with construction on the first six townhouses starting soon after.
“Our goal is to start in the next several months,” he said. “It’s an amenity-rich neighborhood, close to downtown, Fifth Street Public Market, lots of dining.”
Amid Eugene’s multi-year housing boom, developers have been racing to fill out the north and west edges of the city with large single-family subdivisions.
But for projects closer to downtown, builders are increasingly targeting available land for dense apartment developments.
The townhouse project fits into a different market altogether, with units being purchased instead of leased. Eugene has hardly seen any new townhouses or condos built over the last decade.
But Miksis feels Market District Townhomes will fill an underserved niche in the city.
“It’s an opportunity to actually own a home, not like a condo where you don’t own the ground, and not an apartment,” he said. “And maybe most important is the location.”
Miksis has had his fingerprints on some major local projects in recent years, including Crescent Village in northeast Eugene, several University of Oregon-area student apartments and the ongoing renovation of the former Oregon Antique Mall building at Willamette Street and 12th Avenue downtown.
Larson, meanwhile, has been a member of limited liability companies owning the Shelton McMurphey Boulevard site dating back to 2000. But he, Miksis and St. Clair formed Skinner’s Landing LLC in February 2016, and Miksis filed planning documents with the city of Eugene outlining the Market District Townhomes project a few months later.
Miksis declined to discuss financial details about the project.
The group has tapped Eugene homebuilder Jordan Iverson to construct the first phase of the project: six two-bedroom townhouses, each between 1,400 and 1,800 square feet, with terraces facing south toward Spencer Butte.
Prices would tentatively range from $450,000 to $650,000, Iverson said. Each unit would include a one or two-car garage accessed from a new interior street extending off Shelton McMurphey Boulevard.
Construction should take seven to nine months once the street work is complete, Iverson said.
The remaining 14 units would be built in two or three subsequent phases, according to preliminary information about the project. Those plans include four three-bedrooms units of 1,500 square feet or more, plus rooftop gardens, and 10 three-bedroom units with 2,500 square feet of space at the north edge of the property, at the base of Skinner Butte.
Buildout of the future phases would be based on how quickly townhouses sell in the first phases, Miksis said, and the overall housing demand once phase one is complete.
But Miksis said it’s easy to be bullish on the growing concept of a “Market District” in the area between Skinner Butte and Sixth Avenue, largely spearheaded by Fifth Street Public Market owner Brian Obie’s plan for a $60 million expansion of the shopping center, which Obie announced this month.
The Eugene City Council, meanwhile, is discussing millions of dollars in upgrades at 10 downtown-area railroad crossings so trains wouldn’t have to repeatedly blast their horns to alert pedestrians and motorists.
Developers have long blamed the horns for depressing demand for new housing in the area.
Market District Townhomes would be built north of Fourth Avenue, near railroad tracks, several crossings and the Eugene Amtrak station.
And Miksis sees the townhouse project fitting in naturally with the proposed Eugene Water & Electric Board riverfront redevelopment, which could add hundreds of downtown apartments and 70 to 80 townhouse units, plus 25,000 square feet of retail and restaurant space, all a half-mile east of the Market District Townhomes site.
“We have the (railroad) quiet zone being discussed, we have Obie’s project and the EWEB riverfront project — this location keeps improving,” Miksis said. “So this is an opportunity to offer this type of housing in an area where there’s just a lot happening.”