IDAHO FALLS – Ball Ventures, an Idaho Falls-based real estate investment and development company, will plant its corporate flag in The Knolls Office Building later this year.
CEO Cortney Liddiard announced the move during the groundbreaking ceremony for The Knolls on Sept. 25. The new 60,000-square-foot multi-tenant office building is now rising at the corner of Snake River Parkway and Event Center Drive in the Snake River Landing, a 450-acre retail and residential property on the Snake River.
The company’s Chief Development Officer Eric Isom, and Idaho Falls Mayor Rebecca Casper also spoke at the event. Ball Ventures founder Allen Ball was also in attendance, along with several members of the Ball family.
“I’m so pleased to announce that this office building will be the new home of Ball Ventures. This new home will facilitate our growth,” said Liddiard, the owner of the building, in remarks to those in attendance.
Ball Ventures, which will occupy about one-third of the space in the building, will move into the new office upon completion, which is estimated for the fall of 2020. Remaining space in the building is available for lease, with Brent Wilson of Thornton Oliver Keller as the listing agent.
Liddiard said the development underway was once on land that he described as former eye sore. The transformation has been far reaching.
Snake River Landing in 15 years so far has seen the conversion of a gravel pit into some 300,000 square feet of Class A office space, 34 single-family homes and 292 apartment units. The Landing also is the site of an entertainment venue and a future events facility.
Ball Ventures added The Waterfront multi-purpose building in July 2017 to offer indoor/outdoor staged events. Nearby, on land donated by Ball Ventures, the Idaho Falls Auditorium also is moving forward on construction of a 4,000-fixed-seat event center.
The Waterfront, a 9,000-square-foot event space, has capacity for 520 people inside and another 2,000 or 3,000 on a 1.5 acre lawn outside. The performance stage can entertain people inside or outside.
The Waterfront has become a venue for small concerts, wedding receptions, corporate dinners, birthday parties and chamber of commerce lunches.
Companies involved in the design and construction of The Knolls are Dixon and Associates, Horrocks Engineers, Bradley Engineering, HK Contractors and Okland Construction.