Condos at center of 2018 ’emergency’ Boise historic district ordinance starts to move forward

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A new condo building in an older Boise neighborhood could sprout up soon.

The project at 132 W. Main St. near Broadway Ave. would go up on a grassy empty lot between the StageDotO building at 110 Main and a historic residential home on the corner of Main and 2nd St.

When the project first surfaced in 2018, the City of Boise put together an emergency ordinance enacted at a special meeting to declare the area surrounding the site a historic district. The City of Boise had heard the project’s developer, Bill Hon, wanted to tear down the home on the corner and moved to block the action with the emergency action. Hon told the Idaho Statesman that tearing the building down is “the last thing” he hoped to do. But he also didn’t rule it out.

Ultimately, with the historic preservation ordinance in place, Hon elected to apply to build the new condo building on the empty lot. The project, called The Residences at 132 Main, was first given design review approval in 2019. The project was scaled down from the first proposed form we reported in 2019.

New building for old

In an application letter filed at the time, Hon said he hoped to use proceeds from the new condo building to rehab the historic home on the corner.

“This property has been in the family since 1931,” Hon wrote. “I would like it to be of very high
quality using top-notch building materials. I have a personal interest in the quality of the final product because I will be living there, and it will carry the family name. In order to build this quality of structure, I need a sufficient number of condominium units to make the project financially viable. The more units built, the lower the price per unit can be and the more profit that
would be available to rehabilitate 140 W Main Street. 140 W Main is in dire need of an exterior
renovation. It is anticipated that 80 (sic) to 100,000 dollars will be needed to do what’s necessary to preserve the structure.”

The Residences at 132 Main will feature seven condo units made available for sale. The building would rise three stories along Main St., with a single walk-up entrance. The exterior will feature a sandstone facade and other upgraded finishes.

The first floor would feature a single condo unit, with covered garage parking behind. The second and third floors would include three condos each. Each unit has a large great room and kitchen and a bedroom with an attached closet and bath, as well as a second bedroom or den.

The City of Boise last month issued a building permit for the project, valued at $3.1 million, which would allow work on the project to move forward.

Don Day - BoiseDev Editor & Founder
Don Day - BoiseDev Editor & Founder
Don is the founder and publisher of BoiseDev. He is a National Edward R. Murrow Award winner and a Stanford University John S. Knight Fellow. Contact him at [email protected].

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