EUGENE, Ore. — Oakway Center in Eugene is about to get a facelift. The shopping center developers announced a major expansion project Wednesday that includes a hotel and multi-level parking structure.
The parking lot at Oakway Center in front of Chikara and Cafe Yumm will become an eight story building that’ll house hundreds of parking spaces, retail shops, and a hotel.
“An eight story mixed use project consisting of first level retail, three levels of parking, and a three story hotel on the top,” said Steve Korth, McKay Investment Company Director of real estate and development.
A Hyatt Place hotel will take up the top three floors of the building. An addition that wasn’t in Oakway’s plans back in 2008 when they started talking about this expansion project. But, it’s something developers said will bring in even more people to the shops and restaurants.
“It’ll bring a different dynamic to the center. The hotel’s going to be 124 rooms. So you know average occupancy of 75 or 80 people per day on average. People that need to shop, dine, and have the ability to do so,” said Korth.
The Eugene Running Company is just steps from where the hotel and parking garage will be.
“I think it’s fantastic because at the end of the day we’re going to have a lot more parking spaces and that is going to be so valuable for all of the merchants at Oakway Center, so obviously we’re looking forward to that aspect of it,” said Bob Doll, Eugene Running Company owner.
Come the beginning of January, the entire parking lot in front of these stores will turn into a large pit as the year long construction project begins.
The hotel is expected to open up early in the summer of 2016, timing the Eugene Running Company says couldn’t be more perfect.
“Having visitors lodged so close is exciting and to have the completion just prior to the 2016 Olympic Trials that’s just really exciting to me and my business,” said Doll.
Oakway Center said once construction starts they’ll have some shuttle services and an advertising campaign to try to keep customers coming to these businesses that’ll be losing the parking spaces in front of them.