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Cabela's proposal returns to Oregon City landfill

Rossman Landfill owner Scott Parker has signed a letter of intent to sell property to recreate a shopping-mall proposal similar to The Rivers project. But this time, Fred Bruning of CenterCal, who’s turned his attention to Tualatin, isn’t part of the deal.

Oregon City commissioners and staff heard from the Donahue Schriber Realty Group prior to the Urban Renewal Commission’s expected meeting on the subject on Tuesday, Oct. 30. DSRG, a 40-year-old company with 80 properties in its portfolio, has successfully completed complex projects in cities.

“Our company has been working with Gayle Molander and Scott Parker on this acquisition since 2010; therefore we are familiar with the project history,” wrote Jack Steinhauer, the group’s director of development and acquisition. “Our deeply routed relationships with various national tenants, provides a higher level of trust, which is essential to receive the commitments needed to get The Rivers project out of the ground in a timely manner.”

Steinhauer said his company might have “an opportunity” to bring Cabela’s to Oregon City. But he noted this possibility is “of course ... purely predicated on timing,” as the outdoor sporting-goods superstore is already moving forward with CenterCal on their one proposed Portland-area site in Tualatin. Cabela’s will still have to get past Oregon Department of Transportation regulations there on Interstate 5 in Tualatin.

Urban Renewal Commissioner Paul Edgar agreed with Steinhauer’s analysis.

“If CenterCal and ODOT can’t come to an agreement, then that would mean that Cabela’s would be more interested in Oregon City, because we have a previous relationship and we also have the Jughandle,” Edgar said.

But Edgar worried that DSRG is asking for $23 million to develop the landfill.

“If they could commit to $200 million in possible assets or something along the line of what was previously discussed, then that would generate the $30 million in tax increment needed to pay off our debts,” he said.

Steinhauer anticipated that only with public funding would the more than 500,000-square-foot development bring more than 1,400 jobs, along with 500 construction-related jobs.

“The costs associated with redeveloping a landfill are high, which means that without the urban-renewal funding this project will be undevelopable,” he said.




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