The Capital City Development Corporation created its Central District in 1986. The tax increment financing district was the first of its kind in Boise, and funneled any increase in property tax collections from schools, police and the like over the the CCDC for improvements and other projects to help increase those property values.
Now, the 30ish-year time horizon for the central district is about to terminate - or 'sunset' as CCDC is calling it.
Before sun goes over the horizon, the agency is working to close out projects and spend the final tax dollars.
A flurry of projects centered on 8th Street between Main and Bannock is planned for the next few months. Construction is set to start March 5th - earlier than planned due to the mild Boise winter. Work should be wrapped up by June 1. Here's what's planned:
- Replacing dying or declining trees
- Upgrading tree planter covers to meet ADA rules
- Old light poles to be replaced with new models with LED lighting
- Temporary bike racks to be removed and replaced with permanent ones
- The planters that were removed last year will be swapped out for new, smaller ones
- Says CCDC: "After extensive research and design regarding options for urban flower planters in downtown Boise, flower planters are the appropriate choice instead of hanging planters."
- Adjusting sidewalk corners to add visibility markings and better grade transition
- Retractable bollards will be installed to make closing the street easier for events like the Capital City Public Market
CCDC is working with a bunch of partners like the City of Boise, Downtown Boise Association and others. The urban renewal agency will turn over 8th St. to the City of Boise later this year.