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Eagle firm buys Downtown Boise’s Adelmann building

ICCU: Business Unusual
 Courtesy Capital City Events Center
Courtesy Capital City Events Center

The home of Boise Fry Co., Dharma Sushi, Space Bar and the Capital City Event Center has a new local owner.  

Alturas Capital of Eagle acquired the 17,000 square foot building at Capitol Blvd. and Idaho St. from an out-of-state owner.  

The building was constructed in 1902, and features a variety of architectural styles – including its famous corner touret. The round architectural feature was covered in Chinese symbols in the 1970s for long-time Boise staple Fong’s Tea Garden. The symbols were removed in the 1990s after Fong’s closed up shop. 

The Adelmann is Alturas’ thirteenth commercial property according to the company.  Alturas says it will continue to make improvements to the property  

(Disclosure: Alturas Capital is an occasional client of Day365, which operates BoiseDev).  

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 The Adelmann in the 1980s. Courtesy Idaho State Historial Society  .  
The Adelmann in the 1980s. Courtesy Idaho State Historial Society .  

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Don Day
Don is the founder and editor of BoiseDev. He is a National Edward R. Murrow Award winner and a Stanford University John S. Knight Fellow.

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