2426 N Arthur Street
State and Arthur Apartments

Background

The State and Arthur Apartments is a mixed-use affordable housing development comprised of 102 multi-family units and ground floor commercial space. This project is being developed by Pacific West Communities, Inc. through the City of Boise’s Housing Land Trust program. This unique model allows the developer to enter into a below market long-term lease with the City of Boise, which owns the underlying land. This allows the project to maintain affordable rental rates for residents earning 30 to 80 percent of the area median income (AMI).

Pacific West Communities has an established track record of working with the City and the Agency to develop affordable housing. They have successfully developed, designed, and constructed two similar developments, Adare Manor and New Path Community Housing, both located within the 30th Street Urban Renewal District. The State and Arthur Apartments will build upon these earlier successes and provide urgently needed affordable housing along the State Street transportation corridor.

The mixed-use building will be five stories with wood-framed apartments constructed above a single level of concrete podium parking and ground floor commercial space. There will be a total of 102 units, comprised of studio, 1, 2, and 3-bedroom units for households earning up to 80 percent AMI, as well as a property manager’s unit. The ground floor will include a leasing office, common areas, mail room, bike storage, repair and washing stations, and approximately 1,500 square feet of proposed childcare or neighborhood-focused retail space facing State Street. Common areas include a second-floor outdoor courtyard with seating, playground, barbecue, and picnic areas.

Project Partnership

One of the first projects within the newly created State Street District, the State and Arthur Apartments advances several objectives from the State Street District Plan, including:

• Creating affordable housing
• Reusing vacant land
• Encouraging compact development with no surface parking as part of the project
• Improving pedestrian and cycling safety and experience with detached sidewalks, improved pedestrian crossings, and a multi-use pathway.

The project’s public improvements are eligible for Agency reimbursement, including utility upgrades and undergrounding, detached sidewalks with landscaping and trees, a new Valley Regional Transit bus stop, and construction of a new 12-foot-wide multi-use pathway along State Street. A corridor-wide pathway was one of the top projects identified through community outreach during the State Street District formation.  The estimated cost for these improvements is $860,000.

Project Summary

• 2426 N Arthur St
• 102 units- mix of studio, 1, 2, and 3 bedrooms
• Rental rates range from 30% – 80% AMI
• 1,500-square-foot proposed daycare facility or neighborhood-focused retail space
• Approximately $39 million in Total Development Costs
• $860,000 Estimated Eligible Expenses
• An anticipated 25 construction and 10 permanent jobs

Contact

For specific project questions or concerns, please contact CCDC Project Manager, Kevin Holmes.