Developers pitch $8.5M Eugene Hotel restoration; RDA signals tentative support pending an agreement
Soca Properties presented an $8.5 million proposal to restore the Eugene Hotel as a mix of hotel and extended‑stay units; RDA members expressed broad support and asked staff to draft a development agreement and revisit funding as project details and commitments solidify.
The full story
Developers seeking to restore the Eugene Hotel presented renderings and a financing outline to the Monroe Redevelopment Authority Committee and described the project as a way to reactivate a long-vacant downtown property.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in