Local news. Locally owned.

Update: Hawkins Co. steps in to buy Capitol Terrace

 The Capitol Terrace garage and retail space as seen from above. Photo: Don Day/BoiseDev.com
The Capitol Terrace garage and retail space as seen from above. Photo: Don Day/BoiseDev.com

Don Day
BoiseDev.com EXCLUSIVE

BoiseDev Project Tracker

  • Main + Marketplace

Presented by TOK

The Capitol Terrace retail building is close to having a new owner – Boise-based Hawkins Co.

Hawkins Co. principal Gary Hawkins says he hopes to close on the sale in March or April.

“In the near term, we hope to do something with the first two floors,” Hawkins said. “We want to do some upgrades and fix it up.”

In the future, he says they may look to develop on top of the building to expand.

Story continues below ads
Idaho Central Credit Union Business Banking
My 102.7 FM

“We’d like to add some additional footage and go vertical, but we don’t know when that would be.”

The retail building is wrapped around a parking facility currently owned by the Capital City Development Corporation.  Retailers include Taphouse, Piper Pub, Rediscovered Books and the Ward Hooper gallery.

The garage and retail building were constructed in the 1980s, and the retail portion currently owned by the Roper family. Hawkins noted that his company helped with leasing in the building when it first opened – and says the pending sale brings it full circle.

Electric vehicle charging stations come to downtown parking garages

“I like the property and when I found it was available, I thought ‘this would fit nicely in our portfolio’,” Hawkins said. “We do business all over the country, so it is nice to do something in our hometown.”

Hawkins recently has worked on development of the Trader Joe’s center at Capitol Blvd. & Front St., and the nearby Inn at 500 Capitol. He says this latest building has great potential.

“We love the location – we think it’s one of the best in Boise. We have patience and we will wait until it’s the right time and make it a bigger project than it is today.”

Clarification: The retail building is owned by the Roper family while the parking garage is owned by CCDC.

BoiseDev is the area's only locally-owned commercial news outlet. Your support will help us cover more stories and bring you more vital information. Become a member today!


Saltzer Health


Discount home goods store declares bankruptcy, will close about half its Idaho stores

Tuesday Morning declared bankruptcy Wednesday morning. The off-price home decor store filed court proceedings, telling a judge its struggles before the...

McLean pushes back on criticism of transition report: ‘these are not policy documents’

Boise Mayor Lauren McLean said a report from a citizens panel that got significant attention in recent days won't necessarily guide her...