Tuesday, September 26, 2017

Permit applications filed for Broadway project

Artist's rendering of The Broadway in Idaho Falls
If you’ve been downtown lately you’ve probably noticed dirt being moved at the corner of Broadway and Memorial Drive, where Saving Center used to be. That’s the site of The Broadway, which we’ve reported on before.

Two permit applications for the project were filed Sept. 21 with the Idaho Falls Building Department. The applicant on both was Rory Heggie Architecture of Boise. The was for the retail building, job value estimated at $1.44 million. The second was for a 32,670-square-foot mixed use building, job value estimate at $4,085,000.

Overall, the development will consist of a 9,600-square-foot single story retail building and a three-story mixed-used building incorporating retail, restaurant and office space, with residential condominiums on the third story. Spaces are divisible up to 1,200 square feet. Between the two buildings there will be a plaza for food, music and entertainment.

The property was bought in 2015 by the Idaho Falls Redevelopment Agency, which had conducted a study analyzing demand for downtown housing. The report that followed estimated a demand for housing units between 455 to 502 units. The board also approved the purchase of an option on the Bonneville Hotel at Constitution Way and Park Avenue.

In February 2016, the Oppenheimer Development Corp. responded to the IFRA’s request for proposals on the .95-acre property.

Bank of Idaho, Parsons, Beahle & Latimer, Smokin Fins (a Colorado-based seafood restaurant chain), and Lucy’s Pizzeria have been listed as prospective tenants. Leasing arrangements are being handled by Thornton Oliver Keller. For more information, follow this link: The Broadway.