A new apartment complex could go up at the corner of Franklin Rd. and Cole Rd., on the current site of several businesses, including the Aquarium of Boise.
A representative for an unidentified developer held a pre-application meeting with the City of Boise for a six-story, 170-unit apartment complex and parking. The site at 60 N. Cole sits on the east side of the street, between the Union Pacific Railroad and Bethel St.
The property contains a warehouse building that dates to 1976, which has a number of tenants, including a book store and bail bonds business, in addition to the aquarium.
The preliminary plan shown to the city could change or not move forward to the formal application stage. It shows a roughly W-shaped building with two courtyards that overlook the Union Pacific tracks. It would include 13 studio, 95 one-bedroom, and 62 two-bedroom apartments for a total of 232 bedrooms.
Parking for 210 cars is included both in a surface lot near the train tracks, as well as internal garage parking on the first floor. Bike parking and two amenity spaces are also shown on the plan.
In pre-application notes filed by the city, planners suggest some units could be set aside at affordable rates “as support for height variance and parking reduction – without affordable component cannot support height.”
The developer will need to conduct a traffic impact study before applying, as well as holding a neighborhood meeting. If it moves forward to the formal application, it will need a number of permits from the city.
The Aquarium of Boise tweeted Monday that it is still open to the public.
The project is one of a number of apartment complexes proposed in the area near Boise Towne Square – though none have yet started construction. The projects include units on the former Sears site, next to the Mattress Firm store, and micro-units across a canal from the mall.