Fruitland
Fruitland, ID · Real Estate
Idaho Press
Micron expansion will impact all sectors of Treasure Valley real estate
BOISE — Micron’s $50 billion expansion loomed large over Colliers’ annual commercial real estate conference, Outlook . Company leaders who participated in the real estate provider’s Wednesday afternoon panel, who analyzed key drivers of the local industry, heard the tech giant’s latest move — which is projected to create nearly 18,000 new jobs in the Treasure Valley — as leaving a significant footprint on the area’s market. “There’s a reason (Micron) is brought up in almost every conversation that I have in my office in regards to industrial real estate,” Michael McNeight, partner in industrial brokerage services, said. “A $50 billion investment in Boise, the construction of two leading-edge semiconductor fab plants, and the creation of thousands of direct Micron jobs.” But he’s seen increased demand across every industrial product type, from distribution to storage facilities. Ben Galanos, Colliers Idaho’s property management director, said that he was seeing a higher demand for vendors and an increase in contractor and common-area maintenance costs. “Micron is adding a lot of jobs, and then as all these vendors and suppliers move here and open up offices here, that’s more and more employment opportunities that we’re going to see,” managing partner Jim Shipman, the
boisedev.com
Property swap: Land Board OKs deal that would exchange property in Grangeville for Downtown Boise parking lot
A gravel parking lot in Downtown Boise, long owned by the State of Idaho, could soon have new owners if a complicated deal closes in the coming weeks. The State Board of Land Commissioners approved a land swap this week that would exchange property in Grangeville for a portion of a block in Downtown Boise along Bannock St. between 4th St. and 5th St.
yieldpro.com
Walker & Dunlop Brings to Market 2-Unit Senior LIHTC Community Tramore Senior Apartments in Meridian Idaho
Walker & Dunlop presents the exclusive opportunity to acquire Tramore Senior Apartments, a 72-unit senior LIHTC community located in Meridian, Idaho. The property was originally constructed in 2003 with 9% LIHTCs and consists of one 3-story building situated on approximately 4.30 total acres. Tramore Senior Apartments is strategically located in...
idahobusinessreview.com
Wisconsin Irontek coming to downtown market in building dating back to 1910
Known for providing solid, versatile workplace options where people can connect, grow and bring new ideas to life, Irontek, a well-known Wisconsin-based firm will soon become the latest entry into the community workspace arena in the heart of downtown Boise. Housed on the first floor of one of the city’s...
Idaho Press
Fred Meyer announces second location in Caldwell
CALDWELL — Multi-department retailer Fred Meyer has announced that it will be building a second store in Caldwell as construction nears completion for its first location. After going nine years of not opening a new location, Fred Meyer broke ground in March for its $64 million store located off Middleton Road and Highway 20/26. Back then, Fred Meyer President Todd Kammeyer told the Idaho Press that the company was exploring building a second location in Caldwell and said that the company loves to be in areas that are experiencing growth. The second location will be at the northeast corner of Karcher Road and South Indiana Avenue with plans to open in 2028. This time, the future store has a combined investment of more than $100 million between Fred Meyer and Westland Development. “Caldwell and the surrounding communities continue to experience tremendous growth, and we’re excited to invest in this area’s future,” Kammeyer said. As part of an approximately 60-acre master-planned development by Westland Development called Karcher Commons, the new store and fuel center will lead as the frontrunner of retailers that will be coming to the fast-growing area. The mixed-use development was approved by the Caldwell City Council in 2023
boisedev.com
Boise considers plan to reduce density of Bench rental development. Hundreds of rental houses, apartments possible
A long-awaited development in Boise will look a bit different than originally planned. The Boise City Council unanimously approved a preliminary plat for the Vista Point Subdivision, located at 2017 W. Victory Rd., at its meeting on Tuesday. The plans call for 640 rental homes and apartments across nearly 44 acres, a reduction from initial plans for 892 homes proposed in 2022, according to the staff report for the project.
boisedev.com
Local construction company and landowner battle in court over ‘defects and deficiencies,’ water damage in hotel
A Meridian-based construction company is suing after it says it was never paid for work it did building a Meridian hotel. The owner of the land on which the hotel sits has, in turn, sued the construction company for “defects and deficiencies” that occurred during construction. According to...
boisedev.com
False start for Dunkin’: Proposal for first local location pulled over grease concern
Dunkin’ won’t enter the Treasure Valley with a location at the Northgate Shopping Center on State St. after all. The donut and coffee chain is looking to add as many as 20 locations across the Boise area, according to two commercial real estate firms. As BoiseDev reported last month, Ethos Architecture Group applied to the City of Boise to convert a current Papa Murphy’s store at 6940 W. State St. near Glenwood into a new donut shop location.
Idaho Capital Sun
Commentary: Opportunity Zones can help bring investment, development to Idaho areas that need it most
Idaho’s newly approved Opportunity Zones could help bring more housing, businesses and jobs to communities across the state. The attraction for investors is the potential tax savings. This month, Idaho Commerce announced that the U.S. Treasury approved 25 zones, including areas in Boise, Coeur d’Alene and Post Falls. The new Opportunity Zone designations take effect […]
Big Country News
Opportunity Zones can help bring investment, development to Idaho areas that need it most
Idaho’s newly approved Opportunity Zones could help bring more housing, businesses and jobs to communities across the state. The attraction for investors is the potential tax savings. This month, Idaho Commerce announced that the U.S. Treasury approved 25 zones, including areas in Boise, Coeur d’Alene and Post Falls. The...
KIVI-TV
KING-5
Idaho community builds home for local 'Santa and Mrs. Claus' after contractor scam
KUNA, Idaho — Greg and Kelly Gempler are excited about building their new home in the heart of Idaho's Treasure Valley. But it didn't start that way, after they say they were scammed by a local contractor. "I started looking at different builders, and we thought we had vetted...
Idaho's Newschannel 7
Idaho Foodbank distributes food at Ford Idaho Center
NAMPA, Idaho — In Nampa, more than 2,000 people lined up to receive food packages from the Idaho Foodbank on Wednesday. "We bring quantities of food in one of our trucks to an area that's high need or more rural communities as well to make that food more accessible to people in the communities who need help," said Theresa Vawter, Idaho Foodbank public relations manager.
boisedev.com
New plan would bring 600+ homes, apartments next to Meridian Costco
A new proposal would allow for nearly 20 acres of apartments next to Meridian’s newest Costco. Brighton Corp. has proposed changes to its previous development agreement for the southeast corner of the intersection of Meridian Rd. and Lake Hazel Rd. As BoiseDev reported, previous plans for the site included a Costco, a mix of office and retail space, and a residential site.