Downtown Boise hotel. New BSU academic building. A chicken restaurant. Coming near you
The latest proposed housing and commercial developments, other construction projects and new businesses around Idaho’s Treasure Valley:
Boise
Nest Partners, a Bozeman, Montana, company, is beginning construction on the Sparrow Hotel at 1070 W. Grove St., on the east side of 11th Street, across from Owyhee Tavern and the future Hotel Renegade.
Nest, which renovates old motor lodges, is redoing Boise’s old Safari Motor Inn, built in 1966. While plans have been in the works, Nest is now applying for building permits.
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MVRK Development, a Denver company, wants to build 40 apartments on Broadway Avenue near Ivywild Park.
MVRK applied for a planned-unit development at 2312 S. Broadway Ave.
The development would feature two buildings, each three stories tall. Twenty-nine apartments would have one bedroom and 11 would have two bedrooms.
The company also has plans for 71 apartments in a building at 333 S. Elm St. called Ascent East End and 24 apartments in a building at 503 S. 13th St. called Ascent Bodo.
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A restaurant could soon be coming to the Hearth on Broad apartment building in downtown Boise.
Cartee Project LLC applied for the major tenant improvement to build out a restaurant with a new commercial kitchen, bathrooms and dining space. Cartee Project LLC’s registered agent is Casey Lynch, who is also the CEO of Roundhouse, the Boise-based development company that built the building at 406 S. 4th St. near Julia Davis Park.
While the application lacks details about the restaurant, Roundhouse also built the Fowler apartment building, a few blocks to the west, which is home to The Wylder restaurant.
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The state of Idaho Board of Education is continuing to work on a new building for Boise State University’s construction management program. The building is being called the ESI Building for Construction Management.
The building is being built at 1400 W. Beacon St. at the northwest corner of Beacon and South Manitou Avenue. The building is designed to provide classroom, lab space and storage for Boise State’s College of Engineering.
The Board of Education applied for a design review hearing for the academic building.
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The City Council voted 4-2, with Patrick Bageant and Luci Willits opposed, to adopt the conditions of approval allowing Interfaith Sanctuary to move its homeless shelter to 4306 W. State Street.
The only change to the conditions following hearings in April was to change the word “home” to “shelter” in the permit language.
Council Member Jimmy Hallyburton said the change reflected the city’s goal of helping people find permanent homes elsewhere.
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A car repair shop could be coming to Northwest Boise. The shop would be located at 9998 W. State St.
The 27th Auto Repair shop would have 7,074 square feet, with a 1,925-square-foot open air carport, according to an application.
Jason Tomlinson is listed as the applicant on filings with the city. The site is owned by Ziggy Properties LLC.
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A warehouse is being planned at 10443 W. Fairview Ave. in West Boise. Plans call for a warehouse and a drive-through estimating bay for car repairs.
Boise architect Thom Whitworth is listed as the applicant for a design review hearing. Vern L. Field is the property’s owner.
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Meridian
An out-of-state developer, FRH Realty LLC, wants to build 365 apartments in a complex with commercial space on the southwest corner of North Eagle and East Ustick roads.
Now called the Centerpointe Mixed Use project, it would be on 11 acres. It would include 9,600 square feet of commercial space.
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The development would include three four-story buildings and two three-story buildings. They would be located at 3100 N. Centerpointe Way and 3030 N. Cajun Lane.
The Meridian City Council is scheduled to hear the proposal at 6 p.m. Tuesday, June 28, at City Hall.
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Matthew Gardner of Gardner Homes LLC, wants to build 14 single-family homes at the northeast corner of Joy Street and McMillan Road.
The Pickleball Court Subdivision would be on almost 5 acres at 4050 W. McMillan.
The Meridian Planning and Zoning Commission is scheduled to hear the proposal at 6 p.m. Thursday, June 16, at City Hall.
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Derek Gasser, president at DFG Development Inc. in Utah, applied to build a Slim Chickens restaurant on Chinden Boulevard.
The restaurant would be a drive-thru with indoor and outdoor seating, the application said. It would be located at 3333 W. Chinden.
Construction is scheduled to take about six months, the application said.
The Meridian Planning and Zoning Commission is scheduled to hear the proposal at 6 p.m. Thursday, June 16, at City Hall.
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Caldwell
Copernicus Investments LLC and KCID Development LLC, Eagle-based companies, want to build 88 town houses on South KCID Road, east of Summitvue Middle School and west of Virginia Park.
The 88 town houses would be an option for people who cannot afford more expensive homes, the application said
The homes would be located 2,343 feet north of U.S. 20/26 and 1,320 feet south of Marble Front Road, to the west of South KCID Road. The area is agricultural land, according to the application..
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Notable
Many Treasure Valley homeowners are “equity rich,” according to ATTOM, a provider of real estate and property data.
Among 107 metropolitan statistical areas with populations greater than 500,000, Boise ranked third in equity-rich properties in the first quarter of this year.
ATTOM defines properties as equity rich when the combined estimated amount of loan balances secured by those properties is no greater than 50% of their estimated market value. Equity is the value of the home minus how much someone owes on the mortgage.
Seventy percent of mortgaged properties in Boise are equity rich. San Jose, California (74.4%), and Austin, Texas (73.8%), beat out Boise.
In the fourth quarter of 2021, 67.3% of properties were equity rich, and Boise ranked second in the country.
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This story was originally published May 25, 2022 at 12:36 PM.
