Prime Riverfront Development Opportunity
A Rare, Build-Ready Riverfront Opportunity in Springfield’s Growth Corridor
Marketing description
Prime ±6.21-acre riverfront development site located in Springfield’s emerging Glenwood District. This rare mixed-use parcel sits at the base of the Glenwood–Downtown Springfield bridge connection, offering outstanding visibility, strong traffic exposure, and direct access to downtown amenities. Zoned GEMU (Glenwood Employment Mixed-Use), the property supports a wide range of development options including office, employment, educational, and light-industrial uses. Flat topography, flexible zoning, and proximity to the Willamette River make this an ideal site for a signature project. The property also includes annual income from an existing billboard lease. Buyers are responsible for all due diligence related to greenway setbacks, floodplain considerations, and potential annexation.
Investment highlights
6.21-acre flat, highly buildable riverfront site
Flexible GEMU zoning: office, R&D, tech/light industrial, education, medical
Prime visibility at Glenwood–Downtown connector
Billboard income
Strong utility, transit, and downtown access
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