Developer planning housing project
The owner of a local cabinet business wants to build something bigger and rarer: a large apartment complex in west Eugene.
Brent Lanz of Lanz Cabinets plans to start construction this summer on a 106-unit apartment complex on Maxwell Road and North Park Avenue, near Kelly Middle School, documents filed this month with the city’s Planning and Development Department show.
“I think there’s a demand for them,” Lanz said on Tuesday.
Lanz’s proposed Alder Springs apartment project would construct 13 apartment buildings on a vacant 8.6-acre lot, which he bought last year for $900,000, according to county property records.
Lanz said he hopes to start building around June, opening them to tenants early next year.
Apartments catering to University of Oregon students helped Eugene’s multifamily market emerge from the Great Recession.
But a recent citywide uptick in apartment plans for other residents has largely passed over the corridor between River Road and Northwest Expressway where Lanz wants to build, and west Eugene as a whole.
A Seattle group built the 192-unit Ecco Apartments complex off River Road in 2014.
A year later, a Salem-based group built a 252-unit development on Bailey Hill Road and West 13th Avenue, The Bailey at Amazon Creek.
But the 621 new apartment units to come online since the start of 2016 have been centered almost exclusively around the UO campus and in north Eugene, a review of city building permits shows.
And before Lanz filed paperwork for his Alder Springs plan, the large apartment projects near or under construction have seemingly been spread everywhere in the city except west Eugene.
Those include the five-story, 117-apartment Amazon Corner project under construction on Hilyard Street and East 32nd Avenue in south Eugene, a 12-story apartment tower catering to UO students on Franklin Boulevard that recently broke ground, a planned five-story apartment building at East 16th Avenue and Pearl Street where site work has begun, and recent expansions at Crescent Village in north Eugene, among others.
The only new apartment project built in west Eugene since the start of 2016 was the 54-unit Oaks at 14th project for ex-criminal offenders, developed by the nonprofit Sponsors Inc., according to city records.
Lanz said the market-rate complex, called Alder Springs, will cater to the general public, much like the Amazon Corner and Crescent Village developments.
The vacant property is zoned for general office use, which allows apartments in most cases under Eugene code.
Lanz has increasingly stepped into the real estate development business in recent years. He was part of a development group that in 2015 bought and has since remodeled the eight-story Minor Building in downtown Eugene.
The same year, Lanz bought a group of small medical buildings on Coburg Road that he later demolished, and is now wrapping up construction of a multi-tenant office and retail building on the site.
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