The saga of the Symposion continues.
In 2019, we told you that an entity related to Greenstone Properties purchased the bar and land under it near the I-184 Connector. At the time, Greenstone was working with former Mayor Dave Bieter to build a ballpark and commercial development nearby. Snagging the triangular-shaped property could have given it one small piece of the puzzle to revamp the neighborhood.
But the ballpark project wasn’t to be. And the so-called “neighborhood bar without the neighborhood” still stands, isolated as ever.
Last year, the Greenstone Properties applied to build a uniquely-designed apartment complex that would face the Boise River Greenbelt on one side and I-184 on the other. The Fletcher contemplated 169 apartment units with a total of 205 bedrooms, plus parking.
The project went through the entitlement process with the City of Boise, winning approval. It would be one of four apartment projects that could add more than 830 apartments near the corner of 27th St. and Fairview Ave.
But Greenstone continues to look to sell the property – current bar and possible future apartment project and all. Story Commercial put out a call for offers on the property, due next month. The call doesn’t include a targeted price. It notes the apartment entitlements in place on the property, but emphasizes a buyer could do something else.
Before the pandemic, Story listed the Greenstone site for $1.742 million. The property never sold, and later Greenstone moved forward with gaining approvals for the possible apartment project. Last year, after the apartments were entitled, Story again listed the site – this time for $5.07 million.