Capitol Student Housing
818 W Ann Morrison Park Drive
Background
The Capitol Student Housing project is a planned mixed-use development comprised of a five-story building with 91 residential units, structured parking, and ground-floor commercial space. The project encompasses 1.28 acres at the northwest corner of Ann Morrison Park Drive and Capitol Boulevard within the Shoreline Urban Renewal District. This project is being developed by Gardner Company, a commercial developer with an extensive portfolio of office, multi-family, industrial, and mixed-use projects. Past successful partnerships with the Agency include the City Center Plaza and 8th & Main, both in the Central District.
The project’s site is currently home to a vacant restaurant building and surface parking. Adjacent to the east of the property is a smaller commercial center which will remain and share cross access with this new housing development. The project will have 91 total market-rate residential units, ranging between two to four bedrooms each, with 278 total bedrooms. With the proximity of Boise State University, these will be marketed toward students and leased out on a per-bedroom basis. Structured parking on the first floor of the building contains 78 parking spaces and an additional 11 surface spaces will be provided along Sherwood St to the east of the building itself. Two bike storage rooms provide secure spaces for residents and over 20 bike racks are being provided along the street frontages for public use.
Project Partnership
The public improvements eligible for CCDC funding include streetscapes and major utility upgrades for power, water, sewer, and fiber. As the site takes up nearly the entire block, over 800 linear feet of streetscape improvements will be installed along Ann Morrison Park Dr, Lusk St., and Sherwood St. Included with these improvements are sidewalks, street trees, suspended paving systems, bioretention planters, streetlights, bike racks, and additional landscaping. Along Sherwood St, a new sidewalk will be constructed where there are currently no pedestrian facilities and an existing driveway is being relocated to provide a safer intersection design. The combined streetscape costs are estimated at $350,000.
Utility upgrades and expansion work include upgrading and undergrounding power, new underground fiber, and the expansion of the sewer and water mainlines. Altogether, these new or expanded facilities associated with this project are estimated to cost $180,000.
Contact
For specific project questions, please contact CCDC Project Manager Corrie Brending.