About

Founded in 1983 by visionary developer Bill Smith, William Smith Properties, Inc. (WSPI) is a Bend-based real estate development firm known for transforming industrial and undeveloped land into dynamic mixed-use and residential communities. Anchored by its signature project—the Old Mill District along the Deschutes River—WSPI continues to shape Central Oregon’s built environment through thoughtful design, adaptive reuse, and community-focused developments.

Key Projects & Offerings:

• Old Mill District Redevelopment – repurposed 270-acre former mill site into retail, offices, recreation, and cultural venues including Hayden Homes Amphitheater 
• Residential Communities – spearheading developments such as Awbrey Butte, Mount Bachelor Village, Black Butte Ranch, and Campus Village near COCC 
• Property Management & Leasing – oversees retail, office, lodging, and residential spaces; manages over 270,000 sq ft of commercial space in Old Mill District 
• Historic Preservation & Adaptive Reuse – preserves original smokestacks, wood structures, and waterfront access; earned EPA Phoenix Award for brownfields redevelopment