Hundreds of houses in suburban subdivisions. Apartments. Coming to your neighborhood
The latest proposed developments, other construction projects and new businesses around Idaho’s Treasure Valley
Star
Antonov Star Holdings LLC is looking to develop the northeast corner of Star Road and Chinden Boulevard with a 195-home subdivision, named the Inspirado Subdivision, with two apartment buildings, a commercial lot and five mixed-use buildings.
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A 71-home subdivision has been proposed by Randy Clarno, of Criterion Land Management LLC, an Arizona-based company, on 29 acres.
The Starpointe Subdivision would be located on the west side of Star Road between Chinden Boulevard and Joplin Road.
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Pinnacle Land Development LLC is proposing a 65-home subdivision on the southwest corner of Star Road and Joplin Road.
Oaklawn Crossing Subdivision would be on 25.8 acres and would include one commercial lot and five common lots.
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Linda Hines, of Grace at Star LLC, is proposing an assisted living business on the southwest corner of Bent Lane and State Street.
The Grace Assisted Living site would have seven units with five floors for independent senior living. The property is 15.8 acres.
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Meridian
The Meridian City Council approved Phase 3 of a project for 238 apartments and two live/work units on Ten Mile Road.
The apartments, by Brighton Corp, would be on 7.8 acres at 194 Wayfinder Ave.
The Ten Mile Creek Apartments would include one-bedroom and two-bedroom units. The apartments would be located south of Franklin Road and east of Ten Mile Road.
The council approved the proposal Tuesday, Aug. 10. The Planning and Zoning Commission had recommended approval.
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First Federal Bank opened a branch Aug. 6 at 6351 N. Fox Run Way.
It marks the Twin Falls-based bank’s second location in Meridian. The bank also operates a lending office at 1880 S. Eagle Road.
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Idaho Central Credit Union opened a branch at 85 S. Innovation Lane.
It’s the 42nd branch for the credit union based in Chubbuck.
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Caldwell
The city of Caldwell has been under a development moratorium since May 17, when the council found the city in “imminent peril” due to a controversial property tax bill passed by the Idaho Legislature.
At a council meeting on Aug. 2, the City Council amended its moratorium to allow developers to start the application process again.
During the meeting, Douglas Waterman, city attorney, said city staff would be implementing a formula as part of development requests.
The moratorium is set to expire Aug. 16.
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Boise
Gary McAllister has applied to build a 12-lot subdivision at 12553 W. Goldenrod near Cottonwood Park.
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Around Idaho
The company preparing to resume gold mining at a former mine in Valley County in central Idaho says it has signed an agreement to sell antimony from the mine for batteries in electrical grids.
Perpetua Resources Corp. says it will sell a U.S. company, Ambri, with antimony from the Stibnite Gold Project, “the only responsible and domestically mined source of the critical mineral in the U.S.”
“This agreement is a meaningful step in support of the current administration’s goal of achieving 100% clean electricity in the U.S., while prioritizing the domestic manufacturing of battery technology,” said Laurel Sayer, CEO of Perpetua Resources, in a news release. “Perpetua continues to show how a modern mining company can not only be an essential part of the clean energy value chain, but also be key to the solution to the world’s climate challenges.”
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The drought and smoke from wildfires is bad news for Idaho ranchers and dairy farmers.
Ranchers are culling herds to reduce the excess food they must buy to offset forage reduced by drought and damaged by smoke, the Idaho Capital Sun reports. And smoke is causing dairy cows to produce less milk, according to preliminary results from University of Idaho researchers this summer.
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Notable
Sharon McCollam, 59, has been hired as president and chief financial officer at Albertsons Companies. She previously served as executive vice president at Best Buy Co. and was chief financial officer at Williams-Sonoma Inc. McCollam replaces Bob Diamond, who announced he will retire Sept. 7. Diamond will stay on until February to assist with McCollam’s transition.
McCollam will receive a base salary of $1 million per year, a performance bonus targeted at 125% of her salary, an annual equity award grant with a value of not less than $4 million and a sign-on retention award of $6 million, according to a filing with the Securities and Exchange Commission.
This story was originally published August 12, 2021 at 4:00 AM.
