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US construction spending fell again in May

Construction workers at a site in downtown Boise. Photo by Erika Sather-Smith

U.S. construction spending fell for a second month in May, with weakness hitting all areas of building. Construction spending declined 0.8 percent in May following a 2 percent tumble in April, the Commerce Department reported July 1. The April figure ...

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For developers, industrial revenue bonds are a useful tool (access required)

Woodgrain Millwork’s Nampa plant, including the new building at bottom right. The Industrial Development Corp. of Canyon County issued $7.54 million and $3.7 million in industrial development revenue bonds last year to Woodgrain Millwork to expand its Nampa facilities.  Photo courtesy of Woodgrain Doors, a Woodgrain Millwork company.

They have limitations, but in the cases where they’re appropriate, industrial revenue bonds, or IRBs, can be a useful part of the economic development toolbox. IRBs – also known as industrial development bonds, industrial development revenue bonds, or economic development ...

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Medical growth in Fruitland spurs new development

After decades of building and managing property elsewhere in Idaho, a Fruitland company is undertaking its first construction in its own city. Eckhardt Company Inc., or ECI, plans to construct two multi-purpose buildings on land it has purchased at the ...

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Feds seek to remove Forest Service land from mining claims

Officials want to withdraw 107 acres of public land in east-central Idaho from new mining claims for 20 years to preserve restoration work in two tributaries of the Salmon River used by federally protected chinook salmon, steelhead and bull trout. ...

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A word with Wendy Wilson of Snake River Alliance (access required)

Wendy Wilson, interim director of the Snake River Alliance. Photo by Pete Grady.

Wendy Wilson is the interim executive director of Snake River Alliance, a 37-year-old nonprofit environmental protection organization. Wilson has a long history with environmental protection in Idaho. She started Idaho Rivers United in 1989 and served as executive director there ...

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US new-home sales tumbled in May after a surge in April

File photo

Americans pulled back from buying new homes in May, reversing strong gains made in April as sales fell sharply in the Northeast and West. New-home sales declined 6 percent last month to a seasonally adjusted rate of 551,000 from a ...

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Eagle Island Marketplace adds three more buildings at Chinden/Linder

Two retail buildings are under construction at the corner of Chinden Boulevard and Linder Road at Eagle Island Marketplace. Photo by Teya Vitu.

Phoenix-based Eisenberg Company has resumed work at its Eagle Island Marketplace. It began developing the area in 2011 and then stopped. Before it restarted, neighborhoods rose around the development. “This is where the world kind of stopped during the recession,” ...

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Meridian proposal could triple the cost of drilling a well (access required)

a monitoring well being drilled as part of the hydrogeologic investigation of North Ada County resized

A proposal to tighten well regulations around Meridian could triple the cost of drilling a well. The city of Meridian has asked the Idaho Department of Water Resources to place 110 square miles of the city into an ADC, or ...

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