Downtown Boise grows up, and up, and up
More than 300 condominiums could be built soon along the Boise River near Downtown.
Jayo Holdings of Boise plans to build five buildings with 304 condominiums off Americana Boulevard on the river’s south side. The property, at 3600 Americana Terrace, is north of Kathryn Albertson Park and west of Ann Morrison Park. Part of Trapper’s Island, the site is framed by the Trestle Bridge on the Boise Greenbelt to the west and by Riverview Rehabilitation on the east.
The 7.4-acre development calls for four stories of living space, with some condominiums on a single floor and others having two floors.
“The design of the buildings is intended to be urban in nature, while softening the density of the project with elements of wood and landscaping in order to blend into the surrounding site,” land use consultant Jane Suggs of WHPacific wrote in a letter included with the application filed with the city of Boise.
Prices have not yet been established, Suggs told the Idaho Statesman. New, nearby condos for sale now include one-bedroom units at The Afton, 880 W. River St., for $370,000 to $520,000 each; two-bedoom units there for $460,000 to $780,000 each; and one-bedroom units at the Crescent Rim Condos, 3059 W. Crescent Rim Drive, for $435,000 each, according to Zillow.
A dozen years ago, Jayo proposed to build 104 condominiums on nearly 10 acres at the same site. The project never got built following the downturn in the economy amid the 2008 Great Recession.
“Since that time, the demand for urban housing has increased tremendously, with the Downtown population expected to surpass 13,000 in the next few years,” Suggs wrote. “Downtown employment is the highest of any location in Idaho and job growth is increasing.”
There would be 137 one-bedroom units 167 two-bedrooms. Each building would have two floors of parking, with the condos built above.
The complex would include exercise rooms, bicycle storage, household storage lockers, guest units, landscaped patios and gathering space. Plans also show a swimming pool and a swim-up bar.
Two of the buildings would have potential commercial space. One of the spaces could be used for a cafe or restaurant and the other for a potential bike shop.
The developer is seeking approval of a planned unit development and a height exception. Under the current C-3 Commercial Service zoning, the maximum height for buildings is limited to 45 feet.
The proposal calls for interior walls just above 71 feet and elevators for rooftop access that reach 79 feet. Because both of those elements would be in the center of the building, they would not be visible from ground level, Suggs wrote.
The development is outside the currently adopted Boise Floodplain maps, but updated maps under consideration include it in the flood zone. Suggs wrote that most of the living space would be protected by having parking space underneath.
Ground-floor condominiums and the retail space would be built on ground that’s a foot above the base flood elevation, Suggs wrote.
Vehicle access would be through a private drive at the west end of Americana Terrace, whose east end is Americana Boulevard. Each condominium would be guaranteed one parking space, with additional spaces available for purchase.
Guest parking would also be provided.
Suggs said the developers hope to obtain approval for the project this summer and to begin some preliminary site work before the end of the year. Actual construction would likely begin next year, and it is unknown how long that might take, she said.
BoiseDev.com first reported on the condo proposal.