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Monday, January 12, 2015

Idaho Falls building permit numbers show decline in 2014

Construction last year at Broadway Ford in Idaho Falls.
With 2014 in the rearview mirror, let’s take a look at the numbers from the city of Idaho Falls Building Department.

Year-end totals show a second year of decline. Overall, the valuation in the city’s building permits dropped from $83.5 million in 2012 to $70.7 million in 2013 to $62.4 million in 2014.
Before anyone starts hanging black crepe, here are a few things to consider:

  • Total valuation in the past three years was roughly $216 million. The three years before that — the recession years of 2009-2011 — Idaho Falls building permits totaled roughly $95 million. That’s an increase of more than 127 percent.
  • There were 31 permits issued for commercial buildings in 2014, compared to 25 in 2013 and 11 in 2012.
  • Permits for single family dwellings were down, but three-year totals tell a much more positive story. For 2012-2014, permits totaled 395. In 2009-2011, that number was 205. Overall, permits for single family dwellings in the past three years are up 92 percent.

One thing worth bearing in mind while looking at building permits is that one big project can have a huge effect on the numbers in a single year. Three years ago in Idaho Falls, it was the four schools and the Department of Energy’s campus on University Boulevard that skewed things so high. In 2013, the Scientech project at Snake River Landing. Last year, Broadway Ford and Home2 Suites, both due to open this year.

Likewise, when we look at the 2014 numbers from Ammon (as we will sometime this week), Cabela’s and the new D.L. Evans Bank are likely to make things look really robust there.

Friday, January 9, 2015

Togo's plans to open Idaho Falls location Jan. 16

Togo’s “West Coast Original” Sandwiches is planning to open its first location in Idaho Falls, at 2994 South 25th East (Hitt Road), with a ribbon cutting at 11 a.m. on Jan. 16.

To mark the occasion, it will be giving away 1,000 free hot pastrami and turkey avocado sandwiches. Patrons can reserve their free sandwich by simply registering online at www.togosidahofallsgiveaway.com.

Togo’s Idaho Falls will be open Monday through Thursday from 11 a.m. to 9 p.m., Friday and Saturday from 11 a.m. to 10 p.m., and Sunday from 11 a.m. to 5 p.m.

Thursday, January 8, 2015

Janis Joplin book author John Byrne Cooke to speak Saturday at Barnes & Noble in Grand Teton Mall


Author John Byrne Cooke will be at the Idaho Falls Barnes & Noble store Saturday, Jan. 10 at 1 p.m. to talk about and sign copies of his book “On the Road With Janis Joplin.”

John Byrne Cooke
Cooke, who lives in Jackson, Wyo., was the rock legend’s road manager from 1967 to 1970. His picture of Joplin is of a hugely talented singer who was much more than the onstage dynamo and hard-drinking woman of public perception. As Cooke reveals, she was also funny and highly intelligent, a fully-rounded, three-dimensional person who was very much on a personal and professional upswing when an accidental overdose of heroin caused her premature death in October 1970.

A graduate of Harvard and a musician himself, Cooke’s first encounter with Joplin came in 1967 at the Monterey International Pop Festival, where he was on the crew of documentary filmmaker D.A. Pennebaker. Joplin and her band, Big Brother and the Holding Co., were not widely known outside of San Francisco, but her performance electrified the audience and, once the film was released, the rest of the world.

Cooke became Joplin’s road manager after Big Brother signed with Albert Grossman, also manager of Bob Dylan, The Band and Peter, Paul and Mary. Cooke continued with Joplin after she left Big Brother and was with her for her only European tour, her 1969 performance at Woodstock, with the Kozmic Blues Band, and the famed Festival Express train tour across Canada in the summer of 1970 with her last band, Full Tilt Boogie.

During his Barnes & Noble visit, Cooke will talk about Joplin, read from his book, and show a film that he shot on the road while touring with Janis and Big Brother. Copies of Cooke's book will be available and Cooke will sign them after his talk.

Tuesday, January 6, 2015

Some basic math on the Affordable Care Act

How were you at math word problems in school? This one ought to be easy enough.

A school district has 1,000 full-time employees and spends $4,800 a year on each of them for group health insurance. If the school district doesn’t pay for this insurance, it faces an annual fine of $3,000 per employee. How much can the school district save each year by dropping its group health insurance?
Brian McKellar
The answer is $1,800 per employee. Multiply that by 1,000 and you have $1.8 million in savings.

Idaho School districts are some of the largest employers in the state, yet Idaho pays schoolteachers some of the lowest salaries in the nation, starting at $31,248.00 and capping at $57,782 after 25 years of service. Although it’s exciting that there is a plan to raise teachers’ base salary to $40,000 over the next five years, according to a study done in 2013 a family of four in Bonneville Country requires $54,939 to “get by.”

Unless both parents work, Idaho teachers still have to struggle to make ends meet. In fact, I personally don’t know any teacher whose spouse also doesn’t work.

Wouldn’t it be great if somehow we could put some extra cash in their wallets?

The Affordable Care Act stipulates that any company with more than 100 employees is required to offer health insurance. If it doesn’t, it faces a maximum penalty of $3,000 per employee. But based on the clients who have approached us, school districts are paying much more than that simply to cover their employees. Incredible as it sounds, by dropping group health coverage, even with the $3,000 maximum penalty figured in, some school districts could easily save more than a million dollars and give every teacher a raise.

This doesn’t even address coverage for families. Many school districts contribute $0 towards family health insurance, and some teachers are paying more than $600 a month on their school group plans.

The ACA has made it easier than ever for people to qualify for inexpensive health coverage. A family of four in Bonneville County earning $54,939 (the “get by” number from above) would qualify for a $380 monthly tax credit, making the price of the second lowest silver-level exchange plan $336.82 a month.

Do the math. Show your work. Class dismissed.

Brian McKellar is an independent agent with McKellar Insurance and a member of the Square One business development group.

Monday, January 5, 2015

Freddy's Frozen Custard plans to open Wednesday

The scene Monday morning at Freddy's, as training enters the home stretch.
The Freddy's Frozen Custard and Steakburger at 355 North Woodruff Avenue in Idaho Falls is looking at opening Wednesday morning at 10:30. Training has been taking place this past week in preparation, and anyone interested in going to work there can apply online at www.freddysusa.com.

Juicy burgers and fries!
The store’s hours will be 10:30 a.m. to 10 p.m. Sunday through Thursday and 10:30 a.m. to 11 p.m. Friday and Saturday.

Founded in Wichita, Kan., in 2002, Freddy’s began franchising two years later and has since been recognized by Technomic — an online food industry research and consulting firm — as the seventh fastest growing burger chain in the U.S. with sales of less than $200 million. Between 2012 and 2013, the company saw a $42.7 million jump in sales, an increase of 41.8 percent.

While frozen custard is featured in the restaurant’s name, at the heart of the operation is its 1950s-style burgers. Last year, the company's burgers ranked ninth in a survey conducted by Consumer Reports of the Best and Worst Fast-Food Restaurants in America.

“The savory steakburger is inspired by the ’50s style staple and reminiscent of an era focused on quality, cooked-to-order meals that bring families and loved ones together,” the company's Web site says.