The Martha
1721 W Idaho Street
A Type 5 Participation Program project utilizing property owned by CCDC for the transformative redevelopment of a vacant, underutilized parcel into housing.
Background
In 2020, CCDC issued a Request for Proposals for the redevelopment of its property in the Westside Urban Renewal District at 1721 W Idaho Street (formerly 1715 W Idaho St). The Agency was seeking a development partner to increase the economic diversity of housing choices in this neighborhood to support Boise’s growing housing needs and bring new units to downtown in the next two years. Respondents were also asked to provide designs that reflects the character of the surrounding historical architecture and was suited to the West Downtown Neighborhood plan.
The Agency received three proposals, all from Boise-based development groups. The CCDC Board of Commissioners reviewed and ranked the three proposals based on the RFP criteria and unanimously voted to advance SMR Development, deChase Miksis and Edlen & Co.’s proposal at the regular February 2021 Board Meeting.
The agency and development team entered into a development agreement later in 2021, and the project broke ground at the end of 2021. Construction is anticipated to complete in 2022.
Project Summary
The Martha consists of a 2 and 3 story midrise apartment building and will introduce 48 mixed-income units to the Westside URD. The unit mix comprises 21 studios, 14 one-bedroom units, and 13 two-bedroom units. All units will be affordable to residents earning between 60-120% of Boise’s Area Median Income (AMI). At least one unit will serve families earning 60% AMI, as well as another unit reserved for either residents from a local non-profit voucher program, or earning 60% AMI. All other units will be rented between 80% to 120% AMI, with the building average being no more than 100% AMI. The Affordability Covenant for the Project will be in effect for 8 years after completion. The Project also features a community lawn, ground level patios with semi-private screening, native and welcoming landscaping, and other amenities such as bicycle parking. Additionally, the Project will utilize Boise City’s Green Building Certification and LEED Silver certification.
Contact
For information about leasing please visit livemartha.com.
CCDC Project Manager, Alexandra Monjar, is overseeing this project.