Local news. Locally owned.

Latest downtown hotel gets name, park, CCDC funding

Boise Regional Realtors
The room boom in Downtown Boise continues – with new milestones on a hotel project at 5th St. and Front St.

The project, put together by local developer Clay Carley and Madison, Wisc. based Raymond Group, will include a 140 room hotel and 600 space parking garage on a large parcel bound by Front St., 5th St, and 6th St.

The hotel will carry the Home2 Suites by Hilton brand Carley confirms. The Home2 brand is an all-suite hotel concept aimed at travelers who need to make extended stays.

The Capital City Development Corporation approved $1.478 million in funding for a raft of improvements surrounding the hotel – including utility work, pavers, street lights, benches, bike racks and the like.

The project is expected to cost $43.25 million, and is on track for a late 2019 or early 2020 opening.  Carley will own and operate the parking garage while Raymond will do the same for the hotel portion of the project. The nearby Hampton Inn and Suites is also operated by the Raymond Group.

The hotel will feature an indoor pool area with features like geysers and a basketball hoop. A bar and lounge is also planned, with patio space along Front & 6th, with an indoor/outdoor fireplace.

A public plaza is set for the corner of Front and 6th, with a lawn area, brick pavers and trees.

The joint venture of Carley and Raymond is acquiring a so-called “remnant parcel” owned by CCDC that used to be the roadbed for Front St. before it was realigned more than 30 years ago.

  • The group will pay the public agency a discounted rate of $300,000 – with the agreement that the hotel and garage must be built within three years.
  • CCDC will then provide the $1.478 million in public dollars for the public improvements.
  • CCDC agrees to lease 200 spaces in the garage for $150 each per month – or a total of $360,000 per year.  CCDC will then resell those spaces.
Project Location Rooms Floors Announced opening Type
Inn at 500 Capitol Capitol & Myrtle 104 7 Open Boutique
Residence Inn by Marriott Capitol & Myrtle 186 10 Open Extended stay
Hyatt Place 10th & Bannock 152 5 Open Business
Hilton Garden Inn 13th & Front 132 5 Under Construction Business
Home2 Suites 5th & Front 140 6 Late 2019 Extended Stay

Love our stories? Get them delivered straight to your inbox each afternoon. Plus, support BoiseDev's independent journalism.

Popular

Micron continues large-scale revamp of Boise campus with latest project

Boise-based Micron Technology continues its large-scale revamp of the Boise campus. A newly-issued building permit shows the tech. giant...

Report: Boise tech firm Clearwater Analytics considers sale or other options

Clearwater Analytics, a Boise-based firm that helps companies with financial software solutions, could soon find new owners. Reuters reports...

Related

Move back to Stage 3 shows up in decreased Downtown Boise activity

Since the coronavirus pandemic began impacting Idaho, we've kept our eye on the health of several key areas. That includes Downtown Boise.

Name picked for new downtown park, but agency decides to try again; art concepts revealed

The Capital City Development Corp. was set to approve a name for a new park slated for 11th St. and Idaho St....
Holland and Hart

Latest

Local gyms posting they might have to close. What the health department says

You might have seen pleas from gyms across Ada County asking customers to tell the local borad of health not to shut...

You asked: What’s the status of the new WinCo at Chinden and Linder in Meridian?

It's a big project that will add a major grocery destination to North Meridian. But when will construction start? It's...

Note from Don: BoiseDev to add Margaret Carmel to report on a changing Boise and Treasure Valley

I’m pleased to welcome Margaret Carmel to the BoiseDev team, starting August 24th. Margaret covers the City of Boise...

Report: Boise tech firm Clearwater Analytics considers sale or other options

Clearwater Analytics, a Boise-based firm that helps companies with financial software solutions, could soon find new owners. Reuters reports...

Project would tuck condos onto site of single-family home

A proposal to add 16 condos on the site of a single-family home will go through the City of Boise's planning process...

Boise, McLean name building award winners: affordable housing, Boise State, Ronald McDonald House & more

The City of Boise announced the 2020 Building Excellence Award winners. They allocate the awards to people, businesses and organizations who helped...