Shoreline District – Projects
March 7, 2025
| Economic Development |
818 W. Ann Morrison Park Dr. – Capitol Student Housing – PP Type 2: The Gardner Company constructed a new five-story, mixed-use residential building with 91 units (278 bedrooms) and ground-floor commercial space with associated site improvements. Public improvements eligible for CCDC reimbursement included streetscapes along Ann Morrison Park Drive, Lusk Street, and Sherwood Street. Utility upgrades and expansion work included upgrading and undergrounding power, new underground fiber, and the expansion of the sewer and water mainlines. Total Development Costs were estimated at $44 million, and Eligible Expenses at $600,000. The Board approved an agreement in January 2023. Construction was completed in August 2024 and Boise State University is utilizing the project for student housing. The Boise State lease has exempted the project from property taxes, and it is therefore no longer eligible for reimbursement through the Participation Program. Project Lead: Corrie Brending