750 Main Street - Capitol Terrace
Hawkins Companies is a commercial real estate and development company with an emphasis on retail and shopping centers. Hawkins purchased Capitol Terrace in downtown Boise in April 2017. The company is planning a major renovation of the exterior of the building. The improvements will bring the building up to date with new paint, awnings, lighting and cost approximately $1,000,000 in owner investment. Because the sidewalks have already been improved consistent with CCDC’s streetscape standards the eligible costs only include the awnings located in the public right-of-way on the ground level. CCDC encourages owner/tenant improvements which refresh downtown buildings, encourage occupancy, and enhance the public realm and pedestrian experience.
The exterior updates will include 22 new, wood and steel awnings to replace existing fabric canopies that are ready for replacement. The new awnings will extend 5 feet into the right-of-way and cover over 75% of the ground-floor frontage, which meets our participation program specifications. They will also feature lighting to illuminate the sidewalk. CCDC provides assistance to awning projects that meet our criteria. In addition to material and size requirements, awnings must enhance the pedestrian environment and provide functional services (shelter from sun, rain, etc.) to the public sidewalks and streetscapes and must be either in the right-of-way and/or include a public easement.
In 2014, the Board of Commissioners approved the CCDC Participation Program which includes a Type 1 Streetscape Grant Reimbursement. The Type 1 program is intended to, “assist smaller projects on their own schedule, often triggered by a tenant improvement.” The grant will reimburse for up to $150,000 of eligible expenses which are awnings on 8th, Main, and Idaho Streets. This project meets the requirements of the Type One Participation Program and also promotes a CCDC and City objective to improve pedestrian connectivity downtown.
Laura Williams is managing the Project.