An ambitious project more than a decade in the making calls for reshaping a section of Eugene's downtown Willamette riverfront.

An ambitious project more than a decade in the making calls for reshaping a section of Eugene’s downtown Willamette riverfront.

Rob Romig/The Register-Guard

Eugene’s city leaders are poised to formally launch on Monday an ambitious partnership more than a decade in the making that will reshape the downtown riverfront.

City councilors are slated to authorize joining forces with private Portland-based developer Williams/Dame & Associates to transform 16 acres of the former Eugene Water & Electric Board operations yard into a vibrant new neighborhood complemented by a three-acre community park stretching along the riverfront.

They will vote as the governing board of the city’s urban renewal agency, which owns the property and will provide a large share of the public money toward the project.

The neighborhood is slated to include 215 apartments, 70 townhouses, a 125-room hotel, a restaurant, retail space, a one-acre plaza and a 75-unit affordable housing complex.

Read the whole story at The Register-Guard.