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Real Estate

No downturn seen in high-end home market (access required)

Downturn? Not in the high-end home market.Sales of Ada County homes worth $250,000 and up remain strong, due in part to in-migration from cities with inflated real-estate markets, observers said.Nevertheless, there may be too many new homes in the $250,000-and-up ...

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Commercial real estate market slow but not soft (access required)

I got a mixture of on- and off-record answers recently when I asked a handful of commercial real estate brokers about the Boise market in light of the national economic slowdown. Those who went “off” didn’t want to come off ...

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5-story building proposed at old gas station site (access required)

A five-story building of about 50,000 square feet has been proposed for the site of the former Veltex gasoline station at Fifth and Main streets in downtown Boise.The planned structure would include five luxury, two-level residential condominiums on the top ...

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New plaza designed to meet small-office demand (access required)

Cassidy Plaza, an approximately $1 million project aiming to meet demand for small professional offices in Eagle, is expected to be built later this year on the east side of Academy Avenue north of State Street.The plaza, with two buildings ...

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Work on 25-story, mixed-use project to start soon (access required)

Boise Tower, planned for at least seven years at Main and Eighth streets in downtown Boise, is to all appearances a ‘go’ at last.Developer Rick Peterson and officials of the Capital City Development Corp. said last week that construction financing ...

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Planned industrial park clears 1st hurdle (access required)

An effort to develop an industrial park in southeast Boise, near Micron Technology Inc., moved ahead a step last week with acceptance of a feasibility study by the Capital City Development Corp.The study, which endorsed the eligibility for urban-renewal benefits ...

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Developer to begin office space construction soon (access required)

DBSI Group plans this year to start construction of two commercial developments at State and Glenwood streets in northwest Boise. Work on the Professional Center at Riverside, on the southeast corner, could start very soon if a major lease under ...

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Apt. vacancy dips to 2.6%, but rise expected (access required)

The apartment vacancy rate for Ada County fell to 2.6 percent for the three months ended April 26, according to Ada Real Estate Surveys, compared to 3.7 percent a year earlier and 6.2 percent in April 1999.Market equilibrium, or a ...

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Family Practice to relocate (access required)

Boise Family Practice plans to move by year’s end to a building that one of its principals recently acquired in Boise’s North End.The 4,100-square-foot building at 608 W. Hays St. is to be remodeled, and will include 1,500 square feet ...

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Investment firm buys downtown parcel of land (access required)

A downtown Boise parcel of under a quarter acre sold for $357,000 – about $37.50 per square foot – in a live auction April 21.TKO Investments, Boise, purchased the 9,532-square-foot property, on the northwest corner of Fifth and Grove streets, ...

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