This building is an outright permitted use in this location and fills an underserved market using all private sector money with no public subsidies. This project is going to inject $30,000,000 into our local economy, and provide 100+ new living spaces within the existing urban growth boundary, thus reducing sprawl. The SDC fees paid by the developer (which will be significant) will more than pay for any new infrastructure demands placed on the system. This is exactly the type of project we need in Eugene and the city should be doing all it can to make this a smooth process for the developer.