Albany city officials have been preparing to sell three downtown parking lots on Water Avenue to Obie Companies Inc., of Eugene, with the goal of develping them with mixed-use buildings.
Albany city officials have been working with Obie Companies, a Eugene developer, to explore the possibility of building a downtown hotel and related amenities, City Manager Peter Troedsson announced on Monday.
Albany’s contractor on the riverfront now has the green light to proceed with the second half of the effort, the transformation of about four blocks on the west end of Water Avenue.
On Friday’s bike ride I stopped for a minute on the riverfront boardwalk below the Ellsworth Street Bridge.
It was 10 years ago that the city of Albany persuaded the BNSF railroad company to hand over ownership of nearly an acre of vacant land on Water Avenue.
Tree cutting began Thursday along Albany’s Willamette Riverfront to prepare for the city’s “Waterfront Project.” Posted signs said the operation would go through Feb. 28.
Council moves ahead with Obie plans
A plan to have Obie Companies of Eugene consider developing part of the Albany waterfront with mixed-use buildings is moving ahead.
Tags: Albany downtown, Obie Companies, option to buy, parking lots, riverfront, Water Avenue