More Boise Downtown Condos

Dated: 07/10/2014

Views: 870

I cam across this Idaho Statesman  article from Sven Berg regarding the progress of yet another exciting development in Downtown Boise.  Check it out!

— Boise developer RMH Co., is right on schedule with its proposed development of a lot between 8th, 9th, River and Fulton streets that Boise's urban renewal agency owns. If all goes according to plan, RMH will finish construction of about 60 condominiums and several retail spaces on the block, which the company would acquire from the agency, Capital City Development Corp, in early 2016, though that's a rough timeframe."Too early to say on (a) possible groundbreaking construction schedule," renewal agency executive director John Brunelle said in an email Thursday. "There are still some significant details to determine."In March, the renewal agency's board picked RMH's plan for a mixed-use development from six competing proposals. Other proposals included a hotel project by 8th & Main developer Gardner Co. and an apartment concept by famed Seattle architect Olson Kundig.Wednesday afternoon, Boise's planning and development department released documents that RMH submitted showing basic concepts for materials, size and shape of the project. The transaction between Boise's renewal agency and RMH has yet to take place. Until that happens, there's no certainty that the project will be built.
Brunelle said CCDC "has been very pleased with the work completed by RMH at this point in the process. The early phases of the planning and negotiation have gone smoothly. So far, so good."

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