1110 W. River Street
11th & River

A Type 2 Participation Program Project to assist with public improvements associated with a multi-family residential development and partner on workforce housing.

Background

The 11th & River project is a mixed-use development with a total of 126 residential units and approximately 1,000 square feet of ground-floor commercial space. The project sits on 0.9 acres, encompasses roughly half a city block bounded by Ash, River, and 11th Streets, and lies within the River–Myrtle/Old Boise (RMOB) Renewal District.

This mixed-use project is being developed by deChase Miksis, a local developer with an extensive portfolio of mixed-use, multi-family, office, commercial, and institutional development projects. The Agency and deChase Miksis have previously partnered on several successful housing projects, including the Martha, The Lucy and Thomas Logan, 5th & Grove, and the Ash & River Townhomes development, an award-winning workforce housing project just across Ash Street from the subject property.

The 11th & River is comprised of a six-story, podium-style building with structured parking on the first two floors and residential units above. River Street is activated with ground-floor commercial space, three walk-up units, and residential amenities, providing a high-quality pedestrian environment. The project includes 117 parking spaces, with 130 bike parking spaces in a secure bike storage room and 12 public bike stalls along Ash and 11th Streets.

Project Partnership

deChase Miksis applied for General Assistance through CCDC’s Type 2 Participation Program. The developer has requested assistance with streetscapes, utility relocations, and public alley improvements. Submitted eligible expenses associated with streetscapes on all frontages are estimated at $400,000. Public infrastructure upgrades include alleyways with permeable pavers, water lines, stormwater infrastructure, and relocation of gas, sewer, and fiber lines. This work is estimated to cost $700,000.

As part of the partnership with the Agency, the developer is willing to income-qualify 13 units for a period of six years at 100% AMI or less, meeting the program requirements for Mixed Income or Workforce Housing.

Project Summary

  • 126 units – studio, one, and two bedrooms
  • 13 income-qualified workforce units
  • 1,000 square feet of ground-floor commercial space
  • $50 million Total Development Cost
  • $1.1 million Estimated Eligible Expenses

Contact

Kevin Holmes is the CCDC Project Manager for this project.