The landmark Linen Building, a special events center that anchors the Linen District on the outskirts of Downtown Boise, is for sale.
Owner David Hale, who broke ground on creating the district in 2005, wants to spend more time with his wife and children, he says, as well as focusing on real estate development. He calls the Linen Building a labor of love.
It's time to pass the torch to someone else that wants to dedicate the time and resources to improving what I started, Hale says.
Built in the early 1900s, the building at 1402 W. Grove St. is the former home of a linen supply company. Its the focal point of the Linen District, which runs from 13th Street to 16th Street, and from Main Street to Front Street. Hale hopes to find a buyer who will take advantage of the Linen Buildings potential as a music venue, he says. The building has been part of the Treefort Music Fest and has held other live-music events. The adjacent parking lot, which has a capacity of 1,000 people, even could be used for outdoor concerts.
For someone interested in bringing more live music to the Boise scene, both indoors and out, the Linen Building could be a major player in the market, and that's in addition to all the other public and private events held in the building, Hale says. Someone could still run the event center business as it has been operating over the years catering to wedding receptions, corporate parties and speaking engagements, proms, luncheons, birthday and holiday parties, etc. and grow the live music aspect of the business. A current bar owner in town would be an ideal buyer because they could use their liquor license for catering alcohol at Linen Building events while still being all ages.
The full press release is below.
FOR IMMEDIATE RELEASE
June 9, 2014
Boises historic Linen Building is for sale
Linen District developer David Hale placing building and concert venue/event center business on the market
The Linen Building (1402 W. Grove St.), the iconic centerpiece of Downtown Boises revitalized Linen District, is for sale.
The buildings owner, Linen District developer David Hale, is placing the building and related concert venue/event center business, on the market June 10.
Hale built the business from the ground up during the recession, bringing the 100-year-old architectural masterpiece back to life as a multipurpose facility for concerts, art exhibits, nonprofit benefits and a myriad of private events, including regular weddings and business functions.
With the recession over and development picking up again in Boise, Hale is refocusing his energies on new projects and looking for a successor to embark on the next chapter of the Linen Building.
Its time for me to pass the torch and give someone else the opportunity to build on what I created and make it better, Hale said.
Hales decision to sell also was motivated by a change of lifestyle since purchasing the building in 2004.
When I started the redevelopment project known as the Linen District, I was single. Im married now, have three active sons and my wife runs a successful catering business. Supporting everything theyre involved with is very important to me, he said. "And now that real estate is again playing an active role in my day to day, I need to focus my energies on what excites me the most."
Built in 1910 and originally known as the American Laundry Building (the American Linen Supply Co. was the only laundry facility in the United States to utilized natural hot water), Hale completely restored the Linen Building for the 21st century with sustainability, historic preservation and modern elegance in mind.
The downstairs features a retrofitted warehouse space that has hosted live music including all three years of the Treefort Music Fest and the monthly Hokum Hoedown Square Dance and Old-Timey Music series art and fashion shows, theater performances, book launches and readings, public markets, weddings and receptions, corporate meetings and functions, proms and many other events. The Linen Building was the original home of the monthly Story Story Night series.
The upstairs includes a large office space, green room and the loft-style Gallery at the Linen Building, which artists and patrons praise as one of the best naturally-lit exhibit spaces in Boise. The Gallery space is frequently used for weddings, private parties and cultural events.
The Linen Building filled a need and quickly solidified a reputation as one of Boises best destinations for live music, boasting phenomenal acoustics and three distinct venues a 350-capacity concert hall, an intimate, 100-capacity upstairs space in The Gallery and a 1,000-capacity open-air performance space in the adjacent parking lot. The building also became known as a hot spot for wedding ceremonies and receptions.
Public art has been another primary focus of the building and its surroundings. From the beginning, Hale envisioned the Linen District as a destination for art, as evidenced with The Gallery at the Linen Building, the multiple installations throughout the district and the creation of the popular Modern Art event, held each May during First Thursday.
Along with other properties he developed in the Linen District (The Modern Hotel and Bar, Big City Coffee, the Lincoln Building where A'Tavola and Azure Hair Studio reside and Second Chance Building Materials Center), the Linen Building has brought significant foot traffic and cultural enrichment to a previously dormant section of Downtown Boise.
In the process, the environmentally-friendly Linen Building Boises first successful Brownfields Program redevelopment project has amassed numerous awards and accolades, including:
2007 Idaho Smart Growth Award
2008 Idaho Historic Preservation Council Orchid Award for Contribution to Historic Preservation
2013 editorial by U.S. Sen. Mike Crapo citing the Linen Building as a testament to the success of federal cleanup grants (Boise's first Brownfield Redevelopment) that helped revive a building that had been vacant for half a century.
Im very proud of all my accomplishments with the Linen Building and how much of an impact it has made in the Linen District as a whole, Hale said. Its been a lot of fun over the last seven years watching the various events take place. I feel as though its truly been an asset to the community and Im glad I was a part of it.
Interest parties may contact the listing broker, Arthur Berry and Company, (208) 336-3000 or email@example.com.