Gateway East District Projects Update
March 8, 2021News Update on CCDC Projects in the Gateway East URD
Economic Development |
9100 S. Eisenman Road – PP Type 2: The R.L.R. Investments, LLC, project at 9100 S. Eisenman will host a new regional industrial mixed-use facility and be a regional hub for R.L.R. Investments’ national operations. The project will consist of three structures: a 5,000 sq ft office joined to a 60,000 sq ft freight terminal, and a 9,000 sq ft maintenance shop. The project will also renovate the existing, dilapidated fueling canopy. Seventy parking spaces and a private green space constitute the property’s remaining development. Estimated total cost is $9.8 million. The project anticipates $385,000 of Eligible Expenses to be paid over the standard Gateway District six-year term. Estimated completion is summer 2021 and then fully on the tax roll by calendar year 2022. The project will generate roughly $80,000 in added tax increment per year. The project received approval at the June 2020 Board meeting. Excavation and site work is complete. Construction is underway on the main structure. Project Lead: Alexandra Monjar
9025 S. Federal Way – PP Type 2: 9025 S. Federal Way is an 11,000 square foot mixed-use office and industrial project consisting of three office suites and two warehouse bays on a 1.4-acre lot located on the west side of Federal Way across from the Micron campus. The Board approved a Type 2 participation agreement for approximately $94,000 of Eligible Expenses on the $2.1 million project at its January 2020 meeting. The Agency has completed its review, finding just over $92,000 in actual expenses. Project Lead: Brady Shinn
9605 S. Eisenman Road – Boise Gateway 1 – PP Type 2: Boise Gateway 1 is a 168,000 square foot industrial building project with related site improvements located at the southwest corner of Eisenman Road and Freight Street. This is the first project / phase of the 140-acre Boise Gateway Industrial Park, on land owned by the City of Boise and ground-leased to the Boyer Company for development. The project was completed this summer and the primary tenant, Verde Fulfillment, now occupies and is operating out of the building. Total project value is estimated to be $13 million, with an estimated $425,000 of Eligible Expenses. The project was designated for Type 2 assistance at the November 2019 Board meeting. Boyer Company is working with its contractor to prepare documentation for the reimbursement request. Project Lead: Alexandra Monjar
2155 E. Freight Street — Boise Gateway 2 — PP Type 2: Boise Gateway 2 is a 287,000 sq ft sort station for retail products from differing manufacturers. Products will be sorted for shipment to different facilities for order fulfillment. Approximately 17,000 square feet of the building will be used for office and administrative functions. This project is the second phase of the 140-acre Boise Gateway Industrial Park. Total project value is estimated to be $53,900,000 with approximately $580,000 in Eligible Expenses. Boyer Company is currently applying for CCDC support for the eligible costs. The project will be presented to the Board for designation at its March 2021 meeting. Project Lead: Alexandra Monjar
10026 S. Eisenman Road – Mr. Gas 21 – PP Type 2: Mr. Gas is a family-owned company of convenience stores in central Idaho. Lynch Land Development is building the company’s first location in Boise on a vacant parcel just off I-84 at the Eisenman exit. The 19.3-acre project includes amenities for professional drivers including trailer drop areas, a truck scale, bulk fuel storage facilities, temporary and overnight parking, outdoor patio, and showers, prepared foods and essential goods in an 11,000 square foot convenience store. Total estimated development costs are approximately $12.9 million with just over $1 million spent on public improvements to extend water and sewer main lines from Freight St and install a sidewalk with landscaped buffer and streetlights. CCDC estimates the agency will be able to reimburse approximately $480,000 of these costs. The Board designated this project at its February 2021 meeting with construction expected to begin the following month. Project Lead: Alexandra Monjar
Mobility |
Gowen Road – ACHD Cost Share – PP Type 4: ACHD will replace the Gowen Road bridge over the railroad right-of-way including widening the bridge to accommodate bike lanes and sidewalks. At its May 2020 meeting, the CCDC Board approved an amended cost share permit and interagency agreement to include a longer bridge span to be able to cross a future pathway running along the railroad below the bridge, fiber optic conduit, and wider sideways in the project. ACHD awarded the construction contract to Concrete Placing Company with a notice to proceed of March 1, 2021. The bid amount for CCDC’s items was $421,547; CCDC has sufficient funds for this amount plus 10 percent contingency. Project Lead: Matt Edmond
Infrastructure |
Production Street and Gowen Road Utilities: This project will install new fiber optic conduit banks and associated vaults along Production Street and Gowen Road for the City to enhance data connectivity within city limits. Civil Survey Consultants completed the design of the project in November 2020, but the engineer’s estimate was higher than the FY21 project budget. CCDC will delay the start of construction until summer 2021 so that costs can be split between FY21 and FY22. Project Lead: Amy Fimbel