These downtown towers are filling fast — and they aren’t open yet. What’s next?

Downtown Boise stands poised to add a pair of new high rises to its growing inventory in 2026 when The Bannock opens two blocks southeast from the Capitol.

Ahlquist, the Boise developer, topped off the exterior of the first of its two towers on 4th and Bannock streets in 2025. The full complex is now scheduled to open to residents and tenants early to mid-summer, Ahlquist COO Ryan Cleverley told the Statesman in an interview. He expects the building to be mostly occupied by late summer or early fall.

The estimated $90 million complex at Idaho Central Credit Union Plaza includes an 11-story north tower containing 69 condominiums and a 13-story south tower for offices, the tallest buildings on the east side of downtown.

The company is taking reservation deposits for space in the building, Cleverley said, and the office side is already 75% booked. Cleverley said the first floor of the building will likely house the ICCU branch, a couple of restaurants, and possibly a coffee shop.

Counting parking, the buildings span some 400,000 square feet.

“I told our team when we got back to from the holidays, ‘We’ve got to be on our ‘A’ game, because that’s a lot to manage — and we’re going,’” Cleverley said.

Bannock plan pivots to condos

Ahlquist is taking a different approach to downtown living than many competitors. The Bannock’s residential tower is made up of condominiums for sale, not apartments for rent.

Ahlquist initially planned to include 100 apartments in the complex’s north tower. Instead, it will have 69 units — 64 salable condos with five rentals dedicated for low-income residents using federal housing choice vouchers. Housing choice vouchers are a federal program that helps disabled, low-income and elderly people find and pay for homes in the private market, according to the U.S. Department of Housing and Urban Development.

“It was a good change, because I think in downtown, just having units that are for sale is kind of a needed niche that wasn’t in the market,” Tommy Ahlquist, the developer’s namesake and CEO, told the Statesman in May. “There’s been a lot of apartments. So we’re really excited that we’re going to be able to provide that.”

A handful of condos are already sold. Available units run from $555,000 for the smallest one bedroom, one bath — 760 square feet on lower floors — to north of $1.4 million for three bed, 2.5 bath options on higher stories, according to Bauscher Real Estate, which is handling the sales.

Developers key in on downtown high rises

The Bannock will join a growing portfolio of residential high rises in downtown Boise.

Last year, The Arthur — Boise’s city’s second-tallest building — opened to renters on 12th and Idaho. The Oppenheimer Development Corp’s 26-story glass tower houses nearly 300 apartments. Including parking, amenities, and ground-floor retail, the $140 million structure spans roughly 420,000 square feet.

The Arthur is the tallest residential tower in the state — for now.

Two blocks away, developer GGLO is planning an apartment block at 1080 W. Front St. that could reset the downtown profile at 40 stories tall. Its preliminary plan would be the tallest building in the state, displacing Eighth and Main (more commonly called the Zions Bank building) as the peak of the Boise skyline.

Documents filed in August call for up to 10,000 square feet of first-floor retail or business uses topped by 400 to 420 market-rate apartments.

GGLO Principal Sean Canady told the Statesman in late December that the project is still in the design phase and is incorporating feedback from Boise Planning and Zoning Commission. He expects to go before the city for a formal design review some time in the spring, followed by construction permit reviews later in the year.

GGLO hopes to start construction in mid-2027, he said. The project could take five to seven years to complete.

This story was originally published January 13, 2026 at 4:00 AM.