River-Myrtle/Old Boise URD Projects UpdateSeptember 9, 2019
News Update on CCDC Projects in the River-Myrtle/Old Boise URD
The city’s largest district, River-Myrtle/Old Boise is made up of two distinct zones: the areas adjacent to the Boise River, public parks, and the historic downtown section known as Old Boise.
5th & Front Streets – Hotel and Parking Garage – PP Type 3, 5: Construction continues on the 540-space 5th & Front parking garage with opening scheduled for early 2020. The hotel portion of the development is scheduled to open in summer 2020. CCDC will lease 200 parking spaces for public use. Customers interested in leasing a space are being directed to The Car Park to reserve a monthly pass. All 200 of CCDC’s leased spaces have been reserved.
505 W. Idaho Street – The Gibson – PP Type 2, 4: The Gibson apartment building is complete and fully leased. The Agency inspected the public improvements subject to reimbursement and has received final acceptance of the “parklet” from the City’s Parks & Recreation Department. The Agency is processing reimbursement as per the existing Participation Agreements. The project will receive approximately $1,000,000 in reimbursement funds for public improvements including streetscapes, utilities, and dedicated public park space.
503-647 S. Ash Street – Ash Street Townhomes– Agency Disposition PP Type 5: In 2018, this property was sold to deChase/Miksis for the purpose of transforming this area into workforce housing. The Ash Street Townhomes are now complete. CCDC toured the development Friday, June 12 with the developer. These 34 workforce rental housing units and a small retail space along the Pioneer Pathway will help transform this urban neighborhood. Rents will be affordable to families making less than 120% of the area median income, or less than $2,200 per month for a 3-bedroom townhome.
611 S. 8th Street – Afton Phase I – Agency Disposition PP Type 5: CCDC acquired this site in 2001 for redevelopment then sold the site in two phases to RMH Company following a 2013 competitive RFQ/P process. Phase I with 60 condominium units is completed, sold, and occupied. A unique restaurant “Kiwi Shake & Bake” opened in December 2018 in the corner retail unit at 8th & River Streets.
620 S. 9th Street – Afton Phase II – Agency Disposition PP Type 5: Phase II construction is progressing and more than 50 percent of the condo units have been sold. There are 35 units in Phase II. Delivery of the finished units is scheduled for late 2019.
500 S. 8th Street – Trailhead – Agency Leased Property: This 60-month lease entered Year 5 on February 1, 2019. Event and user programming by Actuate Boise remains active. Two minor restroom plumbing repairs were conducted the week of July 22. There were no maintenance issues in August.
200 Myrtle Street – Boise Caddis – PP Type 2: The Board approved the Type 2 Participation Agreement with Boise Caddis at its June 2019 Board Meeting. The Project includes 160 rental units and 400 parking stalls. Ada County will purchase the parking stalls to be used by its nearby Courthouse complex workforce. The Type 2 Agreement includes approximately $1.2 million in public improvements for 2nd, 3rd, and Myrtle Streets and a small portion of Broad Street, which will be reimbursed using tax increment revenue generated by the project. The developers applied for building permits in August. Construction is scheduled to begin Fall 2019 with final completion in Summer 2021.
406 Broad Street – Cartee Apartments – PP Type 2: The Cartee developer has submitted construction drawings to the City for permitting. The agreement between CCDC and the developer contemplates approximately $1.3 million in Eligible Expenses to be reimbursed from the project’s tax increment revenue. The project includes approximately 160 apartments units and 176 structured parking spaces. Construction is scheduled to begin Fall 2019.
429 10th Street – Agency Owned – PP Type 5 (RFP): At its August 2019 regular meeting, the Board declared 429 S 10th Street as Surplus Property with the intent to sell or convey. A public hearing for the declaration was held on August 28th at noon in the CCDC Board Room. There were no comments from the public. The Board directed Agency to prepare a Bid Packet for Board approval, which will be brought to the September 9 meeting for review.
512 W Grove Street – 5th & Grove Mixed Use Residential – PP Type 2: At the August 12 Board Meeting, the CCDC Board designated 5th and Grove as Eligible for Type 2 Participation funding. The project includes 114 for-rent apartments and 8,000 SF of ground floor retail. Preliminary estimates show Eligible Expenses between $900,000-$1,200,000. Preliminary scoring shows that the project will qualify for Level A status and would receive 80% of the tax increment revenue it generates to reimburse Eligible Expenses. CCDC estimates the project would be reimbursed approximately $750,000 if the typical Type 2 reimbursement structure is used. The developers are considering dedicating 50 units for workforce housing, which may increase the total reimbursement amount that CCDC can provide with the aim to be closer to the total Eligible Expense amount. The developer will know more in the coming months, and CCDC will make that determination once the workforce piece is confirmed in late 2019. CCDC is committed to assisting bringing more workforce and affordable housing projects to market.
535 S. 15th Street – River Street Lofts – PP Type 1: Siding is being installed on the townhomes, and the project is scheduled to be complete in late 2019. CCDC will reimburse up to $150,000 for public improvements upon completion and inspection.
- 5th & Grove Streets Utilities – Underground & Conduit: This project consists of the design and construction to underground the utilities and install a conduit bank on 5th Street from Front Street to Main Street. Idaho Power’s contractor, Probst, has already completed the duct bank crossing of Main Street ahead of the ACHD resurfacing project on that street later this summer. The Agency issued an informal bid for the installation of the fiber conduit banks and vault installations and awarded the contract to Guho Corp. Contracts with the various telecommunications companies for their work are also in process. Work is expected to resume on September 30 when a permit moratorium issued by ACHD is set to expire.
11th Street Streetscape – Grove Street to River Street: These streetscape improvements are planned for construction in FY2023. To maximize public investment, the Agency is working closely with ACHD on its 11th Street bikeway facilities project. To ensure that cooperative and coordinated solutions are developed by ACHD and CCDC in their respective planning processes, the Agency is conducting planning and design on a similar schedule to ACHD.
6th Street Streetscape – Front Street to Main Street: Design and construction of streetscape improvements on 6th Street between Main and Front Streets. The Land Group was selected as the design professional in October 2018, designed plans, including the Block 7 Alley, and the formal bid process was completed in July 2019. The contract was awarded to Guho Corp at the August 12 Board Meeting. Construction is slated to start February 2020, due to current ACHD permit restrictions.
RMOB – Consolidated Newspaper Boxes: CCDC and the City are coordinating purchase and installation of consolidated newspaper boxes. The Agency received approval on June 3 from the City for proposed locations and box configurations. The Agency has ordered newspaper boxes from vendor M.E.R. The boxes were received on September 3. CCDC is preparing an informal bid for installation.
390 S. Capitol Blvd – Mod Pizza – PP Type 1: The building is under construction at Capitol & Broad Streets with completion scheduled for December 2019. CCDC will reimburse the project for up to $100,000 for awnings over the right-of-way and limited sidewalk improvements.
- 5th St & Myrtle St – Signalized Crossing: Kittelson & Associates is working on a preliminary warrant analysis for a new signalized crossing at 5th and Myrtle Streets.
RMOB Circulator – Preliminary Engineering: CCDC is partnering with the City to split the costs of preliminary engineering for the Downtown Circulator project. The Agency is re-budgeting preliminary engineering funds to FY2020. The Agency stands ready to assist and anticipates direction in the near future.
ParkBOI – Capitol & Myrtle Parking Garage – Agency Owned Property: Agency is currently working on contracting with Specialty Systems to repair damaged spray-on fireproofing.
ParkBOI – 9th & Front Parking Garage – Agency Owned Property: Agency is currently scoping waterproofing membrane repairs, to be completed before winter.
ParkBOI – 11th & Front Parking Garage – Agency Owned Property: No significant maintenance performed in August. Fewer than 100 of the 722 spaces that were originally available for general public monthly use remain available to lease.
5th & 6th Streets – City of Boise/ACHD Traffic Configuration: ACHD has this project on indefinite hold until there is programmed construction funding. The Agency stands ready to assist and anticipates direction in the near future.
Grove Street – Multi-Block Improvement Project: CCDC solicited, received, and reviewed proposals from design professionals. CCDC and the City selected a design professional and a contract is forthcoming. A vision statement, project timeline, and community engagement plan are being developed.
Block 7 – CCDC Alley Program: Block 7 is bounded by Capitol Boulevard, Main Street, 6th Street, and Grove Street. The project includes pavement enhancements, lighting, and improved trash facilities. The contract was awarded to Guho Corp, along with the 6th Street Streetscape project, at the August 12 Board meeting. Guho is planning to begin work on September 30 (after Old Boise Oktoberfest) and complete the alley by the end of calendar year 2019.
RMOB Public Art – City of Boise Traffic Boxes – PP Type 4: The City Arts & History Department issued the Call-To-Artists. The T4 Agreement with the City of Boise was approved by the Board on February 11, 2019. Artists were selected and traffic boxes were assigned in March. Art content has been approved and is now being fabricated for installation.
8th St Public Art – City of Boise Murals – PP Type 4: CCDC is working with the City Arts & History Department on a T4 Agreement for murals in Simplot Alley and on 9th Street. The City is in the process of deciding how to handle easements. The Agency stands ready to assist and anticipates direction in the near future.
RMOB Public Art – City of Boise Broad Street Sculpture – PP Type 4: The T4 Agreement was approved by the CCDC Board on February 11, 2019. In April, the City’s artist selection panel selected Krivanek + Breaux. City Arts & History is working with the artist on a contract. In May, Boise City Council approved the selection panels and the Arts & History Commission’s recommendation to approve working with Krivanek + Breaux. Mr. Krivanek was in Boise August 8-9 to exchange ideas with stakeholder groups and develop initial concepts.