A big new project in Downtown Meridian is one of a number in the works that will reshape the area’s core area in years to come.
BoiseDev previously told you about the mixed-use development Old Town Lofts that is part of a slew of projects reshaping downtown Meridian.
The 120,000 square foot project will include 103 total units across two four-story buildings. The apartments will be a mix of studios, one- and two-bedrooms units.
“We wanted to create a catalyst project that would incent, other developers to come into Old Town Meridian and really create that destination location in the heart of the Treasure Valley,” developer Josh Evarts said “… Because what we found is when we wanted to go to a nice dinner, go to a bar, any kind of nightlife activity, six years ago there was none of that in Old Town Meridian… And now we’re bringing in new concepts and we’re attracting a whole new generation of people that want to experience that in downtown Meridian.”
Evarts says that one of the apartment buildings, which will sit on the coroner of N. Main St. and E. Broadway Ave., was scheduled to be finished by this summer. But following 2020, a year of several setbacks, Evarts says the building will be ready closer to the end of 2021. He says they are targeting 2022 for the second building, located at W. Idaho Ave. and N. Meridian Road.
“We did a lot of very significant infrastructure upgrades for the city to support our project primarily like power and sewer,” Evarts said. “And we ran into things; like sewers typically are six feet deep underneath the road, the sewer lines on Idaho Avenue, which support our building B were at 19 feet. So just the challenge of getting down to 19 feet, dealing with sewer lines that were over 100 years old and doing all that kind of infrastructure.”
In total, Evarts says the buildings will have 17,000 square feet of commercial space. He could not reveal much about future tenants or who they are considering, but said it’s important that the tenants can create a “destination experience.”
“We’re pretty excited about the tenants that are talking to us, but we’ve been very selective because we have turned down some potential occupants that are big names,” he said. “… We could put office users in there tomorrow like we’ve turned down a lot of those….So, what we’re looking for are restaurants, concepts bars, ice cream shops and juice bars, things that are creating reasons for people to be in our downtown sort of after normal work hours.”
Evarts says he should have an update on the commercial space tenants within the next 60 days.