1109 W Main Street – Owyhee Building

In a creative and very successful public-private adaptive reuse of Boise’s iconic Owyhee Plaza hotel, this old hotel was converted into apartment living and office/conferencing space coupled with an expansion of a local restaurant, expansion of Metageek (a technology company), reactivation of the original outdoor rooftop deck, and reconstructed streetscapes/sidewalks around the building frontages even utilizing geothermal resources to melt winter snow. This 1910 beloved building on the National Historic Register required multiple private investor partners (Old Boise LLC and Local Construct LLC), historic tax credits, significant code updates, and redevelopment agency resources in the public realm to accomplish. The finished project examples a repurposed building with 36 renovated apartments converted from twice as many hotel rooms. The apartments are fully leased and the building has a refreshed historic façade reminiscent of the original design with just a few contemporary touches. Public infrastructure investments of approximately $1.5 million leveraged over $10 million in private building investment while creating new business expansion space and new workforce housing in the downtown core. The success of this housing project has generated a rekindled interest in urban housing for Boise and CCDC is now working with several prospective apartment projects with potential to add tens of millions of value to the tax base.