Oregon Rainmakers: Developing Eugene’s Butterfly Lot and building homes in downtown

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Zac Ziegler: I’m Zac Ziegler, and you’re listening to Oregon Rainmakers from KLCC. On this edition, I talk with Dan Neal, the founder of Paradigm Properties in Eugene.

There’s a small vacant lot on the corner of Seventh Avenue and Oak Street in Eugene. Most weekdays, you’ll see a handful of law enforcement vehicles parked there as officers and deputies head for the courthouse across the street, or maybe you’ll see the trucks of Lane County Farmers Market vendors on the days they’re set up. But if you pass by some years from now, you’ll probably see an apartment building several stories tall. The Butterfly Lot, as it’s called, will be home to a rare addition to the downtown Eugene housing stock. Its developer, Paradigm Properties, is no stranger to building multifamily housing in Eugene. Its past projects include several student housing complexes, mixed-use developments and more. I recently headed to Paradigm’s office off Pearl Street to speak with founder Dan Neal about developing the Butterfly Lot, building downtown and more. He starts by telling me about the project.

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