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Real Estate

New impact-fee rules due in a year (access required)

By this time next year, the fees by which Ada County developers, builders and property owners pay for the impact of their new projects on the county-owned road system apparently will based on a different standard. A law passed by ...

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JP Realty slated for buyout by Chicago firm (access required)

JP Realty, the Salt Lake City-based real estate investment trust that owns Boise Towne Square mall, is slated to be acquired by a Chicago-based REIT.General Growth Properties Inc. (NYSE:GGP) said last week that it plans to buy JP Realty (NYSE:JPR). ...

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Office market expected to strengthen (access required)

The Boise-area office market is likely to strengthen by year’s end, studies by two of the city’s major commercial real estate firms indicate. “We predict that 2002 will see absorption in the inverse of 2001, with the second half being ...

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Developer teams with church to build apt. complex (access required)

Boise developer Jim Tomlinson, in a joint venture with the First United Methodist Church at 11th and Hays streets, plans to build a $16.5 million, 148,000-square-foot parking and apartment complex on a block the church owns.To be called Cathedral Place ...

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“High-end” home segment expands each year (access required)

While some high-end homes – over $300,000 – took longer to sell last year than in previous years, the upper end of the housing market continues to expand, according to Boise-area real estate professionals. Homes that sold for $300,000 or ...

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Home sales climb 11% in Ada County for 2001 (access required)

Home sales in Ada County rose almost 11 percent last year, and two out of three homes sold were not new. Sales of new and existing homes increased by 10.9 percent to 6,761, while dollar volume went up by 16.1 ...

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Boise's 'eyesore' ordinance viewed by some as helpful (access required)

Several commercial real estate professionals in Boise expect the city’s new Minimal Property Maintenance Standard Ordinance to have a minimal impact on the day-to-day market. Market mechanisms and the viability of sites will continue to drive most decisions on questionable ...

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North American Mortgage manager plans Fruitland office complex (access required)

North American Mortgage plans to move into part of the 11,000-square-foot building that its branch manager recently acquired in Fruitland. Lorrie Tracy purchased the octagonal building on South Whitley Street, southeast of Fruitland City Hall. She plans to move the ...

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Malheur Federal Credit Union builds larger Ontario headquarters (access required)

A 10,000-square-foot building under construction off Interstate 84 will house headquarters for a growing Malheur Federal Credit Union. CEO Howard Benson said Malheur would occupy the first floor of the building, and reserve 4,000 square feet on the second floor ...

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6-acre Jerome professional park takes shape (access required)

A shortage of professional office space in Jerome inspired a Magic Valley group to develop a 6-acre office park that will house a real estate firm and a bank initially. North River Development LLC plans up to 11 buildings from ...

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