The latest in a series of housing projects aimed largely at young professionals and Boise State University students would add 236 apartments across the Boise River and Broadway Avenue from the campus’s eastern side.
Since 2015, four apartment buildings with 1,500 beds have opened in the Lusk neighborhood across Capitol Boulevard from the main campus’s west side. Recently, Jayo Holdings proposed 304 condominiums farther west at Trapper’s Island along the Boise River near Kathryn Albertson Park.
Now the Park Place apartments, proposed by Gardner Co., would consist of studios and one- and two-bedroom units. The six-story building would be located at 749 E. Park Boulevard, between the Ram Restaurant and Brewery and the Falcon Building, across the Broadway Bridge from campus, half a mile from Albertsons Stadium.
The project replaces a smaller project Gardner proposed there last year. That proposal called for 146 apartments, with a portion aimed at adults 55 and older. Feedback from the city encouraged Gardner to consider a higher density building, said David Wali, Gardner’s executive vice president, in a telephone interview.. It also made more sense to have the entire building open to anyone than to create a separate area for older tenants, Wali said.
The 3.3-acre parcel is owned by the Harry Morrison Foundation.
“Leasing the property will provide the Harry Morrison Foundation with a stream of money that can be used for its charitable projects that benefit Boise,” Wali said. The foundation issues grants to Idaho educational, medical, religious, cultural, and community service organizations.
No prices or a timetable for construction have been set. For reference, studios at Vista West and Vista East in the Lusk neighborhood rent for $925 to $935 a month, while a one-bedroom is listed at $1,065. LaPointe, also in the Lusk neighborhood, offers apartments with two, three and four bedrooms for $625 to $715 per bedroom. A fourth Lusk complex, RiverEdge, has two- and four-bedroom apartments from $640 to $710 per bedroom.
A two-bedroom apartment Downtown at The Fowler, which opened last year, rents for $1,589.
Apartments would be built on the first five floors, with parking on all six floors. Residences would face out to a courtyard, the Boise Greenbelt, a pool and spa or other landscaped areas, according to plans submitted to the city of Boise.
“Commonly referred to as the ‘wrap’ multifamily residential building style, the dwelling units in this project surround a six-level parking garage structure in the middle separated by corridors,” wrote Tamara Thompson, of The Land Group, a Boise land use consultant group, in a letter included with the application. “In this building type, most residents conveniently park on the same level where their apartment homes are located.”
Last April, the Boise City Council approved a zone change from “neighborhood commercial” and “service commercial” to “residential office.” The newer zoning also fits the current proposal. The project still requires a design review process. A hearing has not been scheduled.