The city is negotiating with Chiquita Brands International Inc. for the 8.7-acre industrial parcel, which the city wants to used for a new Federal courthouse as well as a private office and retail development.
Meanwhile, Eugene's neighbor to the east, the City of Springfield, is lobbying the US General Services Administration to put the $70 million, 265,000-sf courthouse next to Island Park, on the west edge of its Downtown.
All told, there are five possible sites for the courthouse, and the GSA is speaking with the owners of all them. The agency plans to announce its choice December. The GSA has said it can spend up to $3.85 million to buy land for the courthouse.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
