Oct. 21—The latest proposed developments, other construction projects and new businesses around Idaho's Treasure Valley:
Work has begun on construction of the $7 million Travis Condos at 1620 W. Bannock St. in the West Downtown neighborhood.
Plans call for a five-story building with 43,000 square feet. A parking podium will be built on the first floor, with 19 residential units on the upper floors.
The property formerly was the site of the Travis Apartments, a three-story Art Deco-style building built in 1937.
Preservationists fought against razing the building, but owner Creed Herbold said the electrical system was old and expensive to replace, and he wanted to use more than the 20% of the property that the building occupied.
The new construction was reported by BuildZoom.com.
Meridian Development Co., owned by Penelope Hon, has applied to develop 10 townhouses in four buildings at 2955 N. Maple Grove Road.
Each 1,680-square-foot unit would have three stories, a two-car garage, ground floor office space, two bedrooms on the top floor and a balcony.
Kansas-based Flint Development and Red River Investments, owned by Scott Thomson, has applied to develop a 93-acre property at 951 E. Gowen Road, west of the Boise Factory Outlets, into 885,180 square feet of industrial buildings.
The developer hopes to "attract a wide range of industrial, technology and logistics companies" to lease spaces in the project, named the Red River Logistics Center, according to a letter of intent filed with the city.
The company hopes to begin construction next spring and complete the project in spring 2023.
The Azek Co. has obtained a permit to install concrete footing, underground utilities and structural steel at its new $12 million factory at 1001 E. Gowen Road, site of a former ShopKo distribution center, also west of the Boise Factory Outlets.
The Chicago manufacturer of building materials plans to have the factory open next year and hire up to 200 workers within the next two years.
The permit was reported by BuildZoom.com.
Martin Sielaff has submitted architecture plans to Boise's Design Review Committee for a 50-apartment building on 0.75 acres at 2506 W. Targee St., across the street from Hawthorne Elementary School.
The four-story Targee Apartments building would include units set aside as affordable housing.
The apartments would have private balconies, and a rooftop patio would be located on the fourth floor.
The five existing houses and one existing trailer home on the property would be demolished.
AMH Development LLC, which builds houses for American Homes for Rent, bought 13.3 acres of land at 2484 W. Monitor Way, Colliers Idaho reports.
The parcel, which is surrounded by subdivisions, is north of Victory Road midway between Five Mile and Maple Grove roads in Southwest Boise.
Connections Credit Union bought a 3,432-square-foot retail building at 7930 W. Fairview Ave., Cushman & Wakefield Pacific reports.
The building formerly housed a Washington Trust bank branch.
Terra View LLC seeks to build a 396-house subdivision on the northeast corner of West Beacon Light Road and Idaho 16.
The Terra View Subdivision would be on 331.7 acres. It would have four commercial lots that could include up to 192 apartments.
The Eagle Planning and Zoning Commission is scheduled to hold a public hearing at 6 p.m. Monday, Nov. 1, at Eagle City Hall.
Eagle 1 LLC seeks to build a 133-house subdivision on 35.3-acres at the northeast corner of West State Street and North Ballantyne Lane.
The subdivision, Benari Estates, would be built on current agricultural land.
The Eagle Planning and Zoning Commission is scheduled to hold a public hearing at 6 p.m. Monday, Nov. 1 at Eagle City Hall.
Jeff Sindon, a developer, is seeking approval of an application to build 43 townhouses and 36 apartments in Meridian.
The Lennon Pointe Community is proposed on 8.8 acres at the southeast corner of North Linder and West Ustick roads.
The application says the goal of the project is to align with the city of Meridian's vision for more mixed use development in the area.
The apartments would be in two 18-unit, four-story buildings. The retail parcels would include two buildings. The townhouses would comprise a mix of one-, two, three- and six-unit buildings.
The Planning and Zoning Commission is set to hear the proposal at 6 p.m. Thursday, Nov. 18, in City Council Chambers.
Chad Gierhart of Pivot North Design in Boise applied to build 24 apartments at 1350 N. Webb Ave.
The apartments, called Dovetail, would be built in 10 three-story buildings.
Gierhard also applied to build a commercial building to serve the apartments' tenants.
Ada County has opened its long-anticipated second Driver's License Office.
The office, at 736 S. Progress Ave., is open by appointment only, as is Boise's office. There is no walk-up service at either location. Residents must go to https://dmvscheduling.adacounty.id.gov/naoa/index.jsp to schedule an appointment.
Heartland Dental leased 4,200 square feet of retail space at the northwest corner of Ten Mile and McMillan roads, Cushman & Wakefield Pacific reports.
Jeff Likes, of ALC Architecture, applied to build a Cope Collision storage building on an existing storage yard at 1720 Franklin Boulevard in Meridian.
Corey Barton/Endurance Holdings seeks to build 72 apartments on 9.5 acres on Northside Boulevard.
The Nampa City Council is scheduled to hear the proposal at 6:30 p.m. Monday, Nov. 1, in Nampa City Council Chambers.
It's no secret that lots of people are moving to Boise — but its rate of growth is outpacing many other metropolitan areas in the U.S.
Boise has the fifth-highest inbound moving population in the country, according to a study by Mayflower, the moving company. Of all the moves that occurred in Boise, 70% were inbound, while 30% were outbound.
The City of Trees falls only behind Sarasota, Fla.; Wilmington, N.C.; Fort Myers-Cape Coral, Fla.; and Santa Fe, N.M., in the ranking. The results were based on two years of moving data from 2019 to 2021.
The study also found that Idaho had the highest inbound-moving percentage of any state at 67%.
Boise is so desirable to developers that a new report U.S. and Canadian development just took note.
As the Idaho Statesman has reported, out-of-state developers have lately come to dominate apartment development in downtown Boise, and national homebuilders have ramped up their Boise-area operations.
Now the Urban Land Institute, in its latest annual "Emerging Trends" report, has named Boise one of five "supernova" cities that have exploded into popularity. The other four are Austin, Texas; Jacksonville, Florida; Nashville, Tennessee; and Raleigh-Durham, North Carolina.
Boise, in a metro area with fewer than 800,000 people, is the runt of the litter, despite 5.6% population growth last year alone. The other four cities all are in metro areas with 1 million to 2 million people. In fact, so are all 19 others of the top 20 U.S. cities the report deemed "markets to watch" in the coming year.
"Perhaps most surprising has been the surge of Boise to the top ranks of U.S. metro areas," said the report, co-authored by the institute, which is an association of land-use and real estate experts, and PWC, a professional services firm.
The report ranked Boise fourth among the 20 metro areas receiving the most "buy" recommendations to investors in multifamily housing.
Good news for employers: Idaho workers' compensation insurance rates will fall 7% on Jan. 1, the Idaho Department of Insurance says.
The insurance is designed to cover their employee's medical costs associated with any workplace injuries. It also provides wage-replacement benefits to injured workers for lost work time. In exchange, employers are protected from litigation should an employee be hurt on the job.
Source : https://www.msn.com/en-us/finance/realestate/condos-in-west-downtown-2-projects-near-boise-factory-outlets-whats-coming-near-you/ar-AAPMG6o1472