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Treasure Valley in 2020

Treasure Valley in 2020
By RentWise Property Management - Tuesday, February 18, 2020
There are big changes coming to the Treasure Valley in 2020, most of which stem from our valley's fast-paced growth and the challenges that come with that growth. The Treasure Valley is a hot spot for residents all over the country and beyond and we are feeling the crunch on every front, especially when it comes to housing! From the widening of roads, new housing developments, to new mayors in 3 cities and several corporations that will call Idaho home soon, there is no doubt that 2020 will be filled with adjustments to accommodate all these changes and new opportunities.

What's coming on the housing front?

There are several planned development projects from Eagle to Meridian scheduled in 2020/2021 bringing much needed affordable housing to the Treasure Valley. More than 1000 apartments and/or lofts are anticipated to be built in Boise alone. One of those projects is a new veterans apartment complex featuring 27 one-bedroom units and is scheduled to be completed in 2020 as well bringing much-needed housing for disabled and fixed income veterans. Four other apartment projects are on the agenda to start by the fourth quarter of 2020 and be completed in early 2021. Another developer is planning to break ground in March for two new 4 story buildings in downtown Meridian that will provide 103 apartments with retail space available below just off of Main street. Meridian will also see a significant amount of road construction as the city works to widen both TenMile and Meridian Rd. Eagle plans the annexation of Avimor which is expected to happen under the new Mayor and city council in Eagle and the Lofts by the River should be completed by February which will feature several 3 bedroom homes in a highly sought after location just off of Chinden area next to the Boise River. As all the new housing arises, so will new job opportunities as Amazon and other large corporations focus on making Idaho their headquarters. You can read the full article from the Idaho Statesman about all the changes coming to our neck of the woods in 2020. Looking for a property manager to manage your new investment? Or want to find out how owning an investment property in Idaho can be LESS HASSLE, MORE HAPPY? Visit our website or contact us today at 208-949-3083.

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