2.3-Acre Development Opportunity

The Urban Renewal Agency of the City of Newport, Oregon ("Agency") is seeking to partner with a private developer(s) to redevelop 2.3 acres in the City's South Beach neighborhood with retail service uses to serve those that live, work or visit the area. Potential uses may include a specialty grocer, general merchandiser, microrestaurant/food carts, or small-scale mixed retail/office/service uses. Nestled on the south side of the Yaquina Bay Bridge, South Beach is developed with a mix of regional institutions, recreational facilities, neighborhoods, and retail businesses, including the popular Oregon Coast Aquarium, Hatfield Marine Science Center, OMSI's Camp Gray, Oregon Coast Community College, Newport Municipal Airport, and the Port of Newport's South Beach Marina and RV Park. The City's largest residential planned development is also located in South Beach, known as the "Wilder" community. Agency's property is situated at the northeast corner of the newly signalized intersection of US 101 and SE 35th Street. The few remaining buildings will be removed, and the site will be made available in a ready to develop condition with requisite utilities and public services. The site frontage is fully developed with new driveway approaches, sidewalk, a multiuse path, underground utilities and street lighting. Through development and sale of the site, Agency seeks to achieve one or more of the following objectives (1) create a neighborhood hub and gateway to South Beach, (2) support food entrepreneurs and surrounding businesses, (3) provide a gathering space for residents and visitors with a variety of retail and/or restaurant choices; and (4) create a stopping point for users of the South Beach pedestrian and cycling network that connects the site with key destinations.