There are more signs around the Treasure Valley that the economy might be slowly starting to turn around.
As the Idaho Business Review first reported Mar. 11, WinCo Foods will be moving 60 jobs from Oregon to Boise over the next two years. While the number doesn’t seem incredibly high, consider the local economic effect it will have. Those employees and their families will need a place to live, meaning some of them will be buying a home. Not only does that infuse money into the Boise area, but it also helps thin out the large inventory of homes on the market. Again, it’s not record-setting, but it’s something.
Construction jobs have also picked up, and that’s evident especially in Meridian. Scentsy’s business campus is starting to take shape, and in the same vicinity, work has started at the future PKG headquarters. Near Meridian City Hall, crews will be out in force as the Valley Regional Transit/COMPASS building begins to take shape.
In downtown Boise, construction of Jack’s Urban Meeting Place could kick off by the end of the year or early 2012. The $70 million project could create hundreds of construction jobs over a two-year building timeline. Concordia University’s School of Law building on Front Street is really progressing as well. It’s rare when I don’t see crews out there, even on weekends. Finally, we can’t forget about Whole Foods and Walgreens, with construction expected to begin later this year.
Sure, the Treasure Valley still has a long road ahead when it comes to bringing even more developments to the area, but in the meantime, I am staying positive and championing every construction project in between.
Jennifer Gonzalez covers construction, real estate and development for the Idaho Business Review and Idaho Construction Review. She can be reached at email@example.com.