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Real Estate

CCDC board approves new garage system operator (access required)

The Capital City Development Corp. board has approved a contract with Ampco System Parking to operate the Boise urban renewal agency’s six downtown garages. Ampco will take over April 1 from Republic Parking Northwest, which has operated the garages since ...

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Downtown Boise deli closes (access required)

The Gandolfo’s Deli in Boise’s 8th Street Marketplace closed March 7, leaving only two of the sandwich chain’s franchises in Idaho. Ephraim Greenwall, owner of the 8th Street Marketplace, confirmed that the Gandolfo’s is no longer on a lease in ...

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Sorenson Communications to hire 300-plus in Meridian (access required)

Sorenson Communications plans to eventually employ more than 300 people in Meridian, where the company leased just more than 25,600 square feet in Silverstone Plaza, 3405 E. Overland Road. Move-in is planned for May. Salt Lake City-based Sorenson provides video ...

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Grocery industry gets jump on anticipated demand (access required)

Several grocery chains are expanding in the Treasure Valley this spring, the first such expansion in about a decade. WinCo Foods recently expanded stores in Nampa and Boise. Rosauers is finishing a store in northeast Meridian, and Fred Meyer is ...

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Homes sales rise in Ada, Canyon (access required)

Home sales are rising in Ada and Canyon counties despite population growth rate that is one-sixth of its long-term average. Population growth is only about 0.5 percent per year, but the number of homes listed for sale has fallen by ...

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Developers would get tax break under proposal (access required)

Part of real estate developers’ projects would be exempt from property tax for a period under a bill the Idaho House of Representatives is considering. House Bill 519 would exempt the value of improvements such as streets and utilities until ...

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Foreclosure settlement to affect Idaho despite few judicial actions (access required)

Idaho’s share of the $25 billion federal-state settlement with the five biggest mortgage servicers is nearly $114 million. The settlement will affect Idaho’s mortgage industry, even though the pact targets judicial foreclosures and most Idaho actions are instead done through ...

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Fred Meyer store construction proceeds toward summer opening (access required)

  A 171,000-square-foot Fred Meyer store and a separate FM Fuel station are slated to open June 22 at the northeast corner of U.S. 20-26 and Linder Road, Eagle, spokeswoman Amanda Ip said.  General contractor Engineered Structures Inc. reported the ...

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