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Real Estate

Nampa firm plans Courtyards, Ashton apartment complexes (access required)

A Nampa development firm plans to build a total of 108 apartment units in Nampa and Caldwell by mid-2002. Pacific Communities of Idaho LLC recently started construction on the 60-unit Courtyards at Ridgecrest complex on the south side of Birch ...

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Apartment vacancy rises faster than anticipated (access required)

Boise area apartment vacancy increased more than observers expected in the most recent quarter. Ada Real Estate Surveys found vacancy averaged 6.1 percent in a survey taken the second and third weeks of October – compared to averages of 2.2 ...

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Urban renewal plan for downtown Boise approved (access required)

The Capital City Development Corp. board has approved a revised urban renewal plan for the west side of downtown Boise – including changes sought in part by Boise Cascade Corp. Following a CCDC board meeting a week earlier, a spokesman ...

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Ore.-based Lithia Motors to move Ford complex to new site in Boise (access required)

Lithia Motors Inc. plans to purchase a 16-acre parcel on Maple Grove near Fairview Avenue – with a partially built, derelict Smith’s grocery store – and plans to move its Ford franchise from Fairview Avenue to the new site late ...

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Oregon real estate firm buys Boise outlet mall (access required)

S-Sixteen, an investment entity of the J.R. Simplot family, has sold the Boise Factory Outlets mall to a Portland-based real estate firm for $7.6 million. Canterbury Real Estate Services Inc., Portland, purchased 22 acres and 162,000 square feet of retail ...

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Boise Cascade Corp. questions Capital City’s plan for parking structures (access required)

Boise Cascade Corp. officials expressed concern last week that the Capital City Development Corp.’s planned Westside urban renewal area might spawn parking structures that would block views from BCC corporate headquarters at 11th and Jefferson streets. Meanwhile, Meadow Gold Dairy ...

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Boise-based construction company buys AAA Idaho building (access required)

Remodeling contractor Stronghold Construction has purchased the AAA Idaho building at Elder and Shoshone streets in Boise and plans a move there by April. The Boise-based company bought the 6,000-square-foot, single-story building in mid-September for an undisclosed price. Stronghold co-owner ...

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Boise’s Costco has no immediate plans to seek second Valley site (access required)

Does Costco have the 13-year itch? It was November 1988 when the membership discount chain’s Boise warehouse store opened in Franklin Towne Plaza, a little way south of Boise Towne Square – which had opened a few months earlier. At ...

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DBSI Group wins housing case in 9th Circuit (access required)

A recent federal appeals court decision enables a Meridian company to proceed with selling subsidized housing projects, and may set a precedent for similar cases around the country. DBSI Group will continue a two-year effort to sell 1,003 apartment units ...

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