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Real Estate

Apartment vacancy tops 9% for 2nd time in Ada County (access required)

Apartment vacancy remains over 9 percent for the second consecutive quarter in Ada County – nearly twice the 5 percent rate considered evidence of a balance between supply and demand – a survey shows.A quarterly survey of 11,882 apartments in ...

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State construction slips a bit (access required)

New construction permit values slipped modesty in Idaho in February compared to a year ago, primarily because of a drop in commercial construction.Idaho’s overall cumulative construction performance remains positive, though care should be taken to prevent excess capacity and over-building,” ...

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354-acre subdivision slated on Linder Road (access required)

A 354-acre site in northwest Meridian is tabbed for single-family homes, apartments, professional office buildings, and two parks.Farwest LLC, Garden City, and Daniel Gibson, plan the Lochsa Falls subdivision south of U.S. 20-26 on the west side of Linder Road. ...

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Major mixed-used project unveiled for Front Street west of courthouse (access required)

Commercial real estate development firm Stewart Laney Oaas plans a major mixed-use project on a downtown Boise site it recently acquired on Front Street near the new Ada County Courthouse.The first phase of the project, to be called The Blocks, ...

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Local real estate firm expands, adds unit (access required)

Windermere Real Estate / Capital Group Inc. has moved to larger office space and launched a commercial real estate division.Windermere / Capital was to open April 15 in nearly 10,000 square feet on the third floor of the Cornerstone office ...

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Affordable apartment project starts in Garden City (access required)

Construction has begun on a 72-unit apartment complex called Shannon Glen at Riverside, near the southwest corner of State Street and Ulmer Lane in Garden City.About half of the apartments will be available at below-market rents, said Fred Cornforth, managing ...

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Subdivision annexation hearing continued to May (access required)

The Meridian Planning and Zoning Commission on April 4 voted to continue discussion of a proposed annexation for the Sutherland Farms mixed-use subdivision until May 16.Sutherland Farm Inc., San Mateo, Calif., has proposed an 11-phase residential and commercial subdivision in ...

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Large mixed-use development planned for Meridian (access required)

Annexation is being sought for another large, mixed-use development south of the Eagle Road interchange with Interstate 84 in Meridian.The proposed Sutherland Farms Subdivision would comprise up to 258 single-family homes, 32 townhouses and 540,000 square feet of office and ...

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Realty Executives' new building to host title, mortgage, insurance firms (access required)

Construction has started on a 12,000-square-foot building that will serve as the new Meridian home for Realty Executives of Treasure Valley as well as a “one-stop shop” for real-estate- related businesses.The residential real estate firm plans to occupy about 8,000 ...

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Bogus Basin Road to get new retail, offices (access required)

A Boise group plans to purchase the former Sav-On drugstore on Bogus Basin Road and convert the north Boise building into a multi-tenant center for neighborhood retail and service businesses. Highlands Station LLC plans to remodel the 26,000-square-foot building and ...

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