2986 NORTH EAGLE ROAD, MERIDIAN, IDAHO 83646 FORMER … · 2018-08-09 · 2986 NORTH EAGLE ROAD,...

The Gateway Marketplace20,000 - 59,114 Square Feet

4.58 Acres - 265 Parking Stalls Negotiable Lease Rate

Available December 2017

FORMER ROSAUERS GROCERY2986 NORTH EAGLE ROAD, MERIDIAN, IDAHO 83646

BIG BOX RETAIL / GROCERY STORE

PROPERTY SUMMARYPrime opportunity for a big box retailer or grocery store to locate to the “13th Fastest Growing City in the Western U.S.” and has been awarded numerous accolades including “Best Places to Live”.

The location is one of the best in the Treasure Valley, which consists of multiple cities, counties and trade areas in Idaho.

PROPERTY HIGHLIGHTS � The property is located in the Gateway Marketplace, a retail development strategically

located at one of the busiest intersections in the State of Idaho

� The location offers good traffic flow and draws from the surrounding businesses and residential subdivisions

� The development offers highly visible building and pylon signage spaces

� The property includes a large parking area with access from both Eagle and Ustick Roads

� Surrounded by large big box retailers including national and regional business including Lowe’s, Kohl’s, Hobby Lobby, Dick’s Sporting Goods, Walgreens and more

� Also encompassed by national and regional restaurants which include McDonald’s, Five Guys, Jimmy John’s, Chili’s, Sizzler, Costa Vida, Panera, Kneaders, Taco Bell and more

� The Village at Meridian, located to the south of the property, includes tenants such as Gordmans, Michaels, Nike Factory Outlet, Gap Outlet, Marshalls, Victoria’s Secret, Axiom Fitness, Petco and numerous other businesses and eateries

� Other surrounding amenities include schools, parks, fuel stations, convenience stores, financial institutions, local businesses and other complimentary services

� The building currently consists of one large retail space which was home to Rosauers Grocery Store but can be demised into 3 separate spaces (see the following space plan for proposed sizes)

� The landlord is open to negotiations and is flexible regarding custom build-outs / renovations, lease rates and terms as well as other deal points to satisfy almost any need

PROPERTY FACTS AT A GLANCE

BIG BOX RETAIL / GROCERY STORE

AVAILABLE SPACE 20,000 - 59,114 SF (UP TO 3 SPACES)

LEASE RATE NEGOTIABLE

LEASE TERM NEGOTIABLE

TENANT IMPROVEMENTS NEGOTIABLE

PARCEL SIZE 4.58 ACRES TOTAL

PARKING 265 DEDICATED STALLS

ZONING CITY OF MERIDIAN - GENERAL COMMERCIAL

ACCESS MULTIPLE CURB CUTS ON 2 MAIN

THOROUGHFARES

TRAFFIC COUNTS EAGLE RD - 48,000 CARS PER DAYUSTICK ROAD 15,000 CARS PER DAY

SHADOW ANCHORS LOWE’S, KOHL’S, HOBBY LOBBY, DICK’S SPORTING GOODS

5 MILE POPULATION 224,418 PEOPLE

5 MILE HOUSEHOLDS 81,116 HOMES

5 MILE MEDIAN

HOUSEHOLD INCOME$59,978

5 MILE DAYTIME

POPULATION100,973 PEOPLE

ABOUT THE PROPERTY

ABOUT THE PROPERTY

PROPERTY PHOTOS

PROPERTY PHOTOS

EXISTING SITE PLAN

EXISTING SITE PLAN

Eagle Rd - 48,000 Cars Per Day

Ust

ick

Rd -

15,0

00 C

ars

Per D

ay

SITE

PROPOSED SPACE PLAN

PROPOSED SPACE PLAN

N O

R T

H

PANEL 'P1'

PNL.PNL.

PANEL BPANEL 'M2'

'RL' 'R2'PNL.'R1'

PNL.'P5'

'P3'PNL.

PANEL 'D'

K-6710WHITBYC_SINKSCAST IRON

NEWENTRY

ENTRY

ENTRY

ENTRY ENTRY

ENTRY

ENTRY

NEWENTRY NEW

STOREFRONT

AREA #1

17,355 S.F.

PANEL 'P1'

PNL.PNL.

PANEL BPANEL 'M2'

'RL' 'R2'PNL.'R1'

PNL.'P5'

'P3'PNL.

PANEL 'D'

K-6710WHITBYC_SINKSCAST IRON

AREA #2

20,244 S.F.

AREA #3

19,088 S.F.

COMMON AREA

2,963 S.F.

NEWENTRY

ENTRY

ENTRY

ENTRY ENTRY

ENTRY

ENTRY

NEWENTRY NEW

STOREFRONT

STOREFRONT FRONTAGE

115' - 0"

STOREFRONT FRONTAGE

110' - 10"

STOREFRONT FRONTAGE

99' - 10"

183'

- 10

"

18' -

8"

157'

- 3"

30' -

0"

9' -

1"17

3' -

5"

13' -

4"

10' -

0"

37' -

1"

34' -

6"

32' -

0"

9' -

9"39

' - 4

"30

' - 0

"20

6' -

0"9' - 0" 44' - 8"24' - 8"24' - 4"43' - 4"41' - 2"42' - 11"40' - 3"40' - 11"14' - 5"

325' - 8"

15' - 2" 87' - 6"8' - 2"

CE

ONE

HCDE

IFI

RA

TAC TI

. TGE

R

TREC

SIRET

50872

JAY R.JOLLEY

,ANOZ

niSe

I

..de

UA.S.

.

D

ta

A Rg .....

......

Expires 06/30/2019

SHEET NUMBER:

ISSUE DATE:

CHECKED BY:

DRAWN BY:

JOB NUMBER:

SHEET TITLE:

DRAWINGS AND SPECIFICATIONS AS INSTRUMENTS OF SERVICE ARE AND

SHALL REMAIN THE PROPERTY OF THE ARCHITECT WHETHER THE PROJECT FOR

WHICH THEY WERE PREPARED IS EXECUTED OR NOT. THEY ARE NOT TO

BE USED ON OTHER PROJECTS OR EXTENSIONS TO THIS PROJECT EXCEPT BY AGREEMENT IN WRITING AND WITH APPROPRIATE COMPENSATION TO K & I

ARCHITECTS AND INTERIORS.

OWNERSHIP OF DOCUMENTS

18

50

N.

CE

NTR

AL A

VE

.S

UIT

E 2

00

PH

OE

NIX

, A

Z 8

50

04

PH

: 602.2

62.3

83

8FA

X: 6

02

.26

2.3

93

8

K & IARCHITECTS

INTERIORS

09/2

8/20

17

REVISIONS

DESCRIPTION# DATE

9/2 8

/20 1

7 9 :

13:1

3 A

MM

:\D

WG

\JO

BS

\Red

dy\

1728

02\D

R\R

evit\

1728

02 -

Mo

del

.rvt

172802

D.S.

D.J.

09/28/17

RO

SA

UE

R'S

MA

JOR

/MIN

OR

FA

CA

DE

RE

MO

DE

L A

T:29

86 N

. EA

GLE

RO

AD

ME

RID

IAN

, ID

836

46

A1.1

PROPOSED FLOORPLAN

CONCEPTUAL

-

3/32" = 1'-0"1 PROPOSED FLOOR PLAN

127

T.O. PARAPET34' - 0"

T.0. PEAK47' - 0"

+

CE

ONE

HCDE

IFI

RA

TAC TI

. TGE

R

TREC

SIRET

50872

JAY R.JOLLEY

,ANOZ

niSe

I

..de

UA.S.

.

D

ta

A Rg .....

......

Expires 06/30/2019

SHEET NUMBER:

ISSUE DATE:

CHECKED BY:

DRAWN BY:

JOB NUMBER:

SHEET TITLE:

DRAWINGS AND SPECIFICATIONS AS INSTRUMENTS OF SERVICE ARE AND

SHALL REMAIN THE PROPERTY OF THE ARCHITECT WHETHER THE PROJECT FOR

WHICH THEY WERE PREPARED IS EXECUTED OR NOT. THEY ARE NOT TO

BE USED ON OTHER PROJECTS OR EXTENSIONS TO THIS PROJECT EXCEPT BY AGREEMENT IN WRITING AND WITH APPROPRIATE COMPENSATION TO K & I

ARCHITECTS AND INTERIORS.

OWNERSHIP OF DOCUMENTS

18

50

N.

CE

NTR

AL A

VE

.S

UIT

E 2

00

PH

OE

NIX

, A

Z 8

50

04

PH

: 6

02

.26

2.3

83

8FA

X:

60

2.2

62

.39

38

K & IARCHITECTS

INTERIORS

09/2

8/20

17

REVISIONS

DESCRIPTION# DATE

9/2 8

/20 1

7 8 :

29:5

2 A

MM

:\D

WG

\JO

BS

\Red

dy\

1728

02\D

R\R

evit\

1728

02 -

Mo

del

.rvt

172802

D.S.

D.J.

09/28/17

RO

SA

UE

R'S

MA

JOR

/MIN

OR

FA

CA

DE

RE

MO

DE

L A

T:29

86 N

. EA

GLE

RO

AD

ME

RID

IAN

, ID

836

46

A2.2

COLOREDELEVATION

CONCEPTUAL

-

3/32" = 1'-0"1 COLORED ELEVATION

3/32" = 1'-0"2 COLORED HARDSCAPE

NOTE: COLORS AND MATERIALS WILL BE COMPATIBLE WITH EXISTING BUILDING

N O

R T

H

Average Daily Traffic (ADT) courtesy of Idaho Department of Transportation.

SITE

Eag

le R

oad

- 4

8,0

00

CP

D

Ustick Road - 15,000 CPD19,500 CPD

PARCEL OUTLINES

PARCEL OUTLINES

Average Daily Traffic (ADT) courtesy of the Ada County Highway District (ACHD)

EAG

LE R

OA

D -

48,0

00 A

DT

48,5

00 A

DT

48,0

00 A

DT

50,0

00 A

DT

FAIRVIEW AVENUE - 30,000 ADT

USTICK ROAD - 15,000 ADT19,500 ADT

27,500 ADT

Village Cinema

MERIDIAN CROSSROADS

FAIRVIEW PAVILION

THE VILLAGE AT MERIDIAN

JULIUS M. KLEINERMEMORIAL PARK

LOCATION AERIAL

LOCATION AERIAL

SITE

DEMOGRAPHICS 1, 3 & 5 MILES

DEMOGRAPHICS 1,3 & 5 MILES

Executive Summary2986 N Eagle Rd, Meridian, Idaho, 83646 3 Prepared by Esri2986 N Eagle Rd, Meridian, Idaho, 83646 Latitude: 43.63222Rings: 1, 3, 5 mile radii Longitude: -116.35427

1 mile 3 miles 5 milesPopulation

2000 Population 5,220 59,077 141,3792010 Population 8,955 81,775 192,3772017 Population 11,611 95,456 224,4182022 Population 13,166 104,788 246,5402000-2010 Annual Rate 5.55% 3.30% 3.13%2010-2017 Annual Rate 3.65% 2.16% 2.15%2017-2022 Annual Rate 2.55% 1.88% 1.90%2017 Male Population 49.5% 49.0% 49.2%2017 Female Population 50.5% 51.0% 50.8%2017 Median Age 34.0 34.7 36.0

In the identified area, the current year population is 224,418. In 2010, the Census count in the area was 192,377. The rate of change since 2010 was 2.15% annually. The five-year projection for the population in the area is 246,540 representing a change of 1.90% annually from 2017 to 2022. Currently, the population is 49.2% male and 50.8% female.

Median Age

The median age in this area is 34.0, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 87.1% 88.4% 89.0%2017 Black Alone 1.1% 1.2% 1.2%2017 American Indian/Alaska Native Alone 0.4% 0.5% 0.6%2017 Asian Alone 5.6% 3.4% 2.9%2017 Pacific Islander Alone 0.1% 0.1% 0.2%2017 Other Race 1.8% 2.7% 2.8%2017 Two or More Races 3.9% 3.6% 3.4%2017 Hispanic Origin (Any Race) 6.8% 8.5% 8.5%

Persons of Hispanic origin represent 8.5% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 33.1 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 1,667 20,489 50,4562010 Households 2,886 29,147 70,2812017 Total Households 3,729 33,699 81,1162022 Total Households 4,231 36,874 88,8362000-2010 Annual Rate 5.64% 3.59% 3.37%2010-2017 Annual Rate 3.60% 2.02% 2.00%2017-2022 Annual Rate 2.56% 1.82% 1.83%2017 Average Household Size 3.11 2.82 2.74

The household count in this area has changed from 70,281 in 2010 to 81,116 in the current year, a change of 2.00% annually. The five-year projection of households is 88,836, a change of 1.83% annually from the current year total. Average household size is currently 2.74, compared to 2.71 in the year 2010. The number of families in the current year is 58,030 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

October 24, 2017

©2017 Esri Page 1 of 2





Median Age







October 24, 2017






Median Age







October 24, 2017






Median Age







October 24, 2017



1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $82,024 $60,312 $59,9782022 Median Household Income $85,657 $65,560 $64,4212017-2022 Annual Rate 0.87% 1.68% 1.44%

Average Household Income

2017 Average Household Income $92,344 $79,965 $79,1012022 Average Household Income $100,982 $89,598 $88,0572017-2022 Annual Rate 1.80% 2.30% 2.17%

Per Capita Income2017 Per Capita Income $29,974 $28,234 $28,7172022 Per Capita Income $32,798 $31,501 $31,8342017-2022 Annual Rate 1.82% 2.21% 2.08%

Households by IncomeCurrent median household income is $59,978 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $64,421 in five years, compared to $62,316 for all U.S. households

Current average household income is $79,101 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $88,057 in five years, compared to $91,585 for all U.S. households

Current per capita income is $28,717 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $31,834 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 1,718 21,197 52,5152000 Owner Occupied Housing Units 1,396 16,710 39,8192000 Renter Occupied Housing Units 271 3,779 10,6372000 Vacant Housing Units 51 708 2,059

2010 Total Housing Units 3,016 31,052 75,1022010 Owner Occupied Housing Units 2,464 21,568 51,5852010 Renter Occupied Housing Units 422 7,579 18,6962010 Vacant Housing Units 130 1,905 4,821



Currently, 67.1% of the 85,722 housing units in the area are owner occupied; 27.5%, renter occupied; and 5.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 75,102 housing units in the area - 68.7% owner occupied, 24.9% renter occupied, and 6.4% vacant. The annual rate of change in housing units since 2010 is 6.05%. Median home value in the area is $217,633, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 1.62% annually to $235,857.


October 24, 2017



1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $82,024 $60,312 $59,9782022 Median Household Income $85,657 $65,560 $64,4212017-2022 Annual Rate 0.87% 1.68% 1.44%

Average Household Income

2017 Average Household Income $92,344 $79,965 $79,1012022 Average Household Income $100,982 $89,598 $88,0572017-2022 Annual Rate 1.80% 2.30% 2.17%

Per Capita Income2017 Per Capita Income $29,974 $28,234 $28,7172022 Per Capita Income $32,798 $31,501 $31,8342017-2022 Annual Rate 1.82% 2.21% 2.08%

Households by IncomeCurrent median household income is $59,978 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $64,421 in five years, compared to $62,316 for all U.S. households

Current average household income is $79,101 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $88,057 in five years, compared to $91,585 for all U.S. households

Current per capita income is $28,717 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $31,834 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 1,718 21,197 52,5152000 Owner Occupied Housing Units 1,396 16,710 39,8192000 Renter Occupied Housing Units 271 3,779 10,6372000 Vacant Housing Units 51 708 2,059




Currently, 67.1% of the 85,722 housing units in the area are owner occupied; 27.5%, renter occupied; and 5.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 75,102 housing units in the area - 68.7% owner occupied, 24.9% renter occupied, and 6.4% vacant. The annual rate of change in housing units since 2010 is 6.05%. Median home value in the area is $217,633, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 1.62% annually to $235,857.


October 24, 2017


Business Summary2986 N Eagle Rd, Meridian, Idaho, 83646 3 Prepared by Esri2986 N Eagle Rd, Meridian, Idaho, 83646 Latitude: 43.63222Rings: 1, 3, 5 mile radii Longitude: -116.35427

Data for all businesses in area 1 mile 3 miles 5 milesTotal Businesses: 378 3,323 8,154Total Employees: 4,745 42,529 100,973Total Residential Population: 11,611 95,456 224,418Employee/Residential Population Ratio (per 100 Residents) 41 45 45

Businesses Employees Businesses Employees Businesses Employeesby SIC Codes Number Percent Number Percent Number Percent Number Percent Number Percent Number PercentAgriculture & Mining 5 1.3% 34 0.7% 72 2.2% 546 1.3% 194 2.4% 1,623 1.6%Construction 22 5.8% 133 2.8% 261 7.9% 2,962 7.0% 619 7.6% 5,510 5.5%Manufacturing 7 1.9% 64 1.3% 111 3.3% 2,022 4.8% 250 3.1% 4,034 4.0%Transportation 4 1.1% 35 0.7% 63 1.9% 1,341 3.2% 144 1.8% 2,459 2.4%Communication 3 0.8% 23 0.5% 22 0.7% 276 0.6% 72 0.9% 749 0.7%Utility 0 0.0% 1 0.0% 6 0.2% 135 0.3% 18 0.2% 357 0.4%Wholesale Trade 7 1.9% 104 2.2% 145 4.4% 2,201 5.2% 314 3.9% 4,075 4.0%

Retail Trade Summary 113 29.9% 2,378 50.1% 703 21.2% 12,823 30.2% 1,688 20.7% 28,607 28.3%Home Improvement 7 1.9% 125 2.6% 51 1.5% 869 2.0% 104 1.3% 1,722 1.7%General Merchandise Stores 3 0.8% 288 6.1% 20 0.6% 1,472 3.5% 51 0.6% 4,331 4.3%Food Stores 13 3.4% 166 3.5% 61 1.8% 1,091 2.6% 139 1.7% 2,431 2.4%Auto Dealers, Gas Stations, Auto Aftermarket 4 1.1% 171 3.6% 68 2.0% 1,022 2.4% 167 2.0% 2,442 2.4%Apparel & Accessory Stores 18 4.8% 251 5.3% 47 1.4% 488 1.1% 149 1.8% 1,643 1.6%Furniture & Home Furnishings 10 2.6% 62 1.3% 76 2.3% 1,776 4.2% 171 2.1% 2,510 2.5%Eating & Drinking Places 39 10.3% 901 19.0% 204 6.1% 4,039 9.5% 478 5.9% 9,118 9.0%Miscellaneous Retail 21 5.6% 414 8.7% 175 5.3% 2,067 4.9% 430 5.3% 4,410 4.4%

Finance, Insurance, Real Estate Summary 50 13.2% 300 6.3% 387 11.6% 3,483 8.2% 1,009 12.4% 8,098 8.0%Banks, Savings & Lending Institutions 14 3.7% 125 2.6% 84 2.5% 970 2.3% 212 2.6% 2,012 2.0%Securities Brokers 9 2.4% 54 1.1% 59 1.8% 340 0.8% 138 1.7% 557 0.6%Insurance Carriers & Agents 11 2.9% 55 1.2% 91 2.7% 1,283 3.0% 247 3.0% 2,298 2.3%Real Estate, Holding, Other Investment Offices 17 4.5% 66 1.4% 153 4.6% 890 2.1% 413 5.1% 3,232 3.2%

Services Summary 153 40.5% 1,642 34.6% 1,359 40.9% 15,130 35.6% 3,358 41.2% 40,765 40.4%Hotels & Lodging 0 0.0% 3 0.1% 10 0.3% 185 0.4% 33 0.4% 565 0.6%Automotive Services 4 1.1% 38 0.8% 77 2.3% 463 1.1% 201 2.5% 1,290 1.3%Motion Pictures & Amusements 11 2.9% 63 1.3% 100 3.0% 670 1.6% 241 3.0% 2,070 2.1%Health Services 50 13.2% 719 15.2% 319 9.6% 4,194 9.9% 752 9.2% 10,933 10.8%Legal Services 3 0.8% 13 0.3% 40 1.2% 179 0.4% 99 1.2% 407 0.4%Education Institutions & Libraries 9 2.4% 286 6.0% 68 2.0% 2,551 6.0% 156 1.9% 5,386 5.3%Other Services 76 20.1% 519 10.9% 744 22.4% 6,887 16.2% 1,875 23.0% 20,114 19.9%

Government 1 0.3% 33 0.7% 52 1.6% 1,524 3.6% 140 1.7% 4,441 4.4%

Unclassified Establishments 12 3.2% 0 0.0% 144 4.3% 85 0.2% 348 4.3% 256 0.3%

Totals 378 100.0% 4,745 100.0% 3,323 100.0% 42,529 100.0% 8,154 100.0% 100,973 100.0%

Source: Copyright 2017 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2017.Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.

October 24, 2017








Government 1 0.3% 33 0.7% 52 1.6% 1,524 3.6% 140 1.7% 4,441 4.4%


Totals 378 100.0% 4,745 100.0% 3,323 100.0% 42,529 100.0% 8,154 100.0% 100,973 100.0%


October 24, 2017








Government 1 0.3% 33 0.7% 52 1.6% 1,524 3.6% 140 1.7% 4,441 4.4%


Totals 378 100.0% 4,745 100.0% 3,323 100.0% 42,529 100.0% 8,154 100.0% 100,973 100.0%


October 24, 2017








Government 1 0.3% 33 0.7% 52 1.6% 1,524 3.6% 140 1.7% 4,441 4.4%


Totals 378 100.0% 4,745 100.0% 3,323 100.0% 42,529 100.0% 8,154 100.0% 100,973 100.0%


October 24, 2017


- LOCATED IN A HIGH GROWTH AREA IN MERIDIAN -In the identified area, the current year population is 224,418. In 2010, the Census count in the area was 192,377. The rate of change since 2010 was 2.15% annually. The five-year projection for the population in the area is 246,540 representing a change of 1.90% annually from 2017 to 2022.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

Site Map2986 N Eagle Rd, Meridian, Idaho, 83646 3 Prepared by Esri2986 N Eagle Rd, Meridian, Idaho, 83646 Latitude: 43.63222Rings: 1, 3, 5 mile radii Longitude: -116.35427

October 24, 2017


- MERIDIAN VOTED AMERICA’S BEST CITY TO LIVE IN 2015 -Meridian, located just outside of Idaho’s capital city of Boise, is 24//7 Wall St.’s best city to live in. The city is safe, and jobs have attracted growing numbers of new residents. The annual unemployment rate in the city is also quite low. At just 4.1%, it is lower than the state’s jobless rate of 4.8% and well below the national jobless rate of 6.2%. Moreover, jobs are being added to the local economy faster than in most of the United States. The 7.4% increase in the number of jobs from 2012 through last year was much greater than the national job growth rate of 1.8% over that period.

http://www.usatoday.com/story/money/business/2015/11/05/24-7-wall-st-best-cities-to-live-in/75177096/

ABOUT MERIDIAN

ABOUT MERIDIAN

OPPORTUNITIES IN MERIDIAN, IDAHO

BUILT FOR BUSINESS...DESIGNED FOR LIVING ECONOMIC DEVELOPMENT

Brenda Sherwood | (208) [email protected]

33 E Broadway Ave, Ste 300Meridian, ID 83642

www.OpportunityMeridian.org PARTNERS WITH THE

www.bvep.org

ABOUT MERIDIAN

ABOUT MERIDIAN

01REGIONAL OVERVIEW

ACCOLADESNATIONAL

Running list of these and others: bvep.org/facts/national-accolades.aspx

THE CITY OF MERIDIAN.A distinctive community full of energy, business savvy, and innovation...

One of the best parts of my job is the opportunity to work with companies seeking a home here. Idaho continues to be on the leading edge, frequently cited for its hospitable business climate and its quality of life. Meridian, nestled in the center of Idaho’s population hub, has some very-special characteristics of its own.

As its Mayor, I have many deployable resources to help find and secure what you need to make this your new, viable home-and I’m supported at every level by others who want to join me in making that happen for you and your organization. We’re long-range thinkers putting together smart, human-focused plans that makes sense not just here and now but also in the future. There are no cookie-cutter solutions here. You will also be provided with a single point of contact for our Planning and Building Divisions, aided by an expedited permitting process. I am committed to ensuring that your organization’s needs are met in a way that is custom tailored to your requirements.

Our forward-thinking community and leaders are here as an extension of your “We can make this happen!” team. We know that partnerships within our community will be critical to your success. Our Economic Development Team will be available to help you every step along the way, whether it’s arranging meetings to explore potential business opportunities, brainstorming an incentive program, or reviewing development standards in order to make the process as seamless as possible.

We’re committed to being a premier city to live, work, and raise a family. We sum this up by saying we’re “Built for Business and Designed for Living”. I’m confident that once you’ve met with us and situated your business among us, you’ll add testimony to that.

Tammy de Weerd Mayor of Meridian

100 Best Communities for Young People America’s Promise, 5 Time Winner

#7 Best Place to Raise a FamilyForbes, 2014

#4 Best State for Entrepreneurs Entrepreneur Magazine, 2013

Lowest Business Costs in Pacific U.S.KPMG’s Competitive Alternatives, 2014

Friendliest State for Small BusinessCNN, 2012

50 Best Places to Live in the U.S. CNN Money, 2014

7th Most Economically Viable Metropolitan AreaBrookings Institution

#16 Top States for Business #8 Cost of Doing Business #6 Business Friendliness #11 Cost of LivingCNBC, 2014

Top Rated State: Training & Networking Pro-grams, Licensing Regulations, & Ease of Starting a Business. A+ Ranking for Overall FriendlinessThumbtack (Kauffman Foundation), 2014 2012 WINNING COMMUNIT

Y

MERIDIAN

WWW.OPPORTUNITYMERIDIAN.ORG BUILT FOR BUSINESS...DESIGNED FOR LIVING 1

ABOUT MERIDIAN

ABOUT MERIDIAN

600 miles

400 miles

200 miles

Las Vegas

Reno

Seattle

Portland

Salt Lake

Laramie

Los Angeles

San Francisco

MissoulaSpokane

Vancouver

Oregon

Washington

Nevada

Idaho

Utah

California

Wyoming

Montana

Canada

MERIDIAN

Meridian is strategically located in the heart of the Boise Valley and the diverse Pacific Northwest. This spot is ripe with opportunities for entrepreneurs and start-ups, as well as established business enterprises. Come see where your place will be.

FIND YOUR OPPORTUNITYYou’re never far away from the rest of the world.

AIR SERVICEThe Boise Airport (BOI) is located less than 20 minutes from downtown Meridian, and handles more than three million travelers each year.

REGIONAL OVERVIEW02

“I have had the opportunity to work with the City of Meridian over the past three years as we have been planning and constructing our corporate campus. They have been very cooperative and timely in plan reviews and permitting, much better than other cities I have worked with. It is very refreshing to consider a city jurisdiction, like Meridian, a part of our team instead of a challenge to overcome.”

- Sam Johnson, Facilities Manager, Scentsy

DEMOGRAPHICS

Boise MSA & Meridian Statistics:

“I chose Meridian for my growing business, PKG User Interface Solutions, due to the caliber of the workforce, the central location, the support from local government, and the availability of land for expansion. We are very proud of our facility now-but with our expansion plans to create an entire campus for our business right here in Meridian, I know that Meridian will be able to accommodate our needs.”

- Homy Panahi, President & CEO PKG User Interface Solutions

03REGIONAL OVERVIEW

BUILT FOR BUSINESS... DESIGNED FOR LIVING.

WHY MERIDIAN?

POPULATION 649,372Meridian: 83,596

LABOR FORCE 324,181

COST OF LIVING 94%94% of the National Average

MEDIAN AGE 31 YEARSNation: 36.4 years

EDUCATION (MERIDIAN)Bachelors Degree or Higher: 32.3%White Collar Workers: 63%Blue Collar Workers: 36%

WAGE LEVELSMedian Hourly: $15.15Mean Hourly: $19.53Median Annual: $31,510Mean Annual: $40,610Source: www.bvepsites.org an application powered by GISPlanning

Per Capita Income: $66,613

PUBLIC PARKS 19 PARKSWithin City Limits

NON-STOP FROM FLIGHT TIMEBOISE TO

Chicago, IL 3 hrs 19 mins

Denver, CO 1 hr 45 mins

Honolulu, HI 6 hr 10 mins

Las Vegas, NV 1 hr 45 mins

Los Angeles, CA 2 hrs 10 mins

Minneapolis, MN 2 hrs 47 mins

Oakland, CA 1 hr 40 mins

Phoenix, AZ 1 hr 54 mins

Portland, OR 1 hr 10 mins

Sacramento, CA 1 hr 36 mins

San Diego, CA 2 hr 0 mins

San Jose, CA 1 hr 55 mins

San Francisco, CA 1 hr 48 mins

Salt Lake City, UT 1 hr 2 mins

Seattle, WA 1 hr 20 mins

Spokane, WA 59 mins


ABOUT MERIDIAN

ABOUT MERIDIAN

Covered Employment & Average Annual Wages Per Job 2003 & 2013

2003 Avg Employment

2003 Avg Wages

2013 Avg Employment

2013 Avg Wages

Total Employment 235,747 $32,165 267,550 $40,305

Agriculture 4,832 $20,380 5,103 $28,232

Mining 185 $42,635 194 $74,997

Construction 16,176 $32,760 15,067 $42,844

Manufacturing 30,223 $46,382 23,911 $68,043

Trade, Utilities & Transportation 46,357 $29,482 54,524 $37,596

Information 4,184 $39,575 4,518 $47,476

Financial Services 12,425 $38,330 13,499 $51,607

Professional and Business Services 33,187 $35,300 38,575 $41,555

Education and Health Services 44,180 $30,907 59,935 $38,649

Leisure and Hospitality 21,306 $11,485 26,473 $14,505

Other Services 6,245 $21,528 7,243 $26,018

Government 16,447 $37,706 18,508 $48,610 Source: Idaho Department of Labor, Boise-Nampa MSA

SCENTSY SPOTLIGHTIn 2013, Scentsy developed a new 63 acre campus which included a new 6 story building and a warehouse/distribution facility. Scentsy specializes in scented, wickless candles. Founded in 2004, Scentsy is headquartered in Meridian, ID and currently employs more than 1,000 people.

BUILT FOR BUSINESS

WORKFORCE OF THE VALLEY

OPPORTUNITY AWAITSLooking for office space?

Meridian has over 2.5 million square feet of Class A office space to suit your location needs.Located in the heart of the Valley, Meridian has easy access to draw workforce from cities within the region.

The average commute is 22 minutes.

REGIONAL OVERVIEW04

Power costs are the 2nd lowest in the country according to the U.S. Energy Information Administration (2012)

ELECTRICAL COSTS PER MONTH (AVG) Small Commercial: 3 kW & 1,000 kWh = $147.00 Medium Commercial: 40 kW & 14,000 kWh = $736.00 Large Commercial: 500kW and 180,000 kWh = $9,286.00

Source: Edison Electric Institute: Jan 2012 Survey

7THBEST PLACE TO RAISE A FAMILY (Forbes 2014)

Meridian ranks No. 1 in the Wall St. list of the 50 best U.S. cities to live in.USA Today 2015

5th Fastest Growing State in the Nation

(2010 Census Bureau)

Overall business costs in the Boise Valley are nearly a third lower than in California and Washington.

ONE-THIRD

Idaho is #1 for the lowest average costs for private employer-based coverage (insurance) in the U.S. (Commonwealth Fund Study 2010)

Meridian is the 10th fastest growing city in the U.S. with an 81.5% increase in population Since 2000

2ndlowest

1ST

5 th1/3


ABOUT MERIDIAN

ABOUT MERIDIAN

DESIGNED FOR LIVING

By the Numbers:• 80 acres• 67 animated vertical fountain jets

with 30-foot spray• 200 ornate lampposts• 201 computer-controlled LED

fountain lights • 4,100 parking spaces• 60,000 plants• 1,020,000 sq ft of entertainment• 15 Plex Theatre

“THE VILLAGE” AT MERIDIANReal estate in Meridian remains highly affordable with housing costs that are lower than in other comparable cities, and the median home age is just 10 years, compared to 35.1 years nationwide.

The median price of Meridian homes is just $181,670, comparing very favorably with the national median of $202,300. Add the fact that Meridian’s cost of living is 5 percent below the national average, and you will likely find that you have options that exceeded your wildest expectations with property-tax rates well below the national average.

Most families find themselves with the dilemma of picking a community that’s close to dynamic employers or one that’s ripe with great neighborhoods and schools. But in Meridian, there’s no need to sacrifice one for the other. Commutes are easy, even into Boise or Nampa, and the city’s housing is some of the most affordable in the country.

LIVING IN MERIDIAN

New in 2013, The Village at Meridian is a premier lifestyle center featuring national retailers amidst luxury architecture and landscape design. Sitting on approximately 100 acres at Eagle and Fairview Roads, the center resides at the heart of the Valley.

As General Manager Hugh Crawford states, “We have a strong commitment to creating a community connection and making The Village at Meridian a gathering place for the Valley.”

World class companies are choosing Meridian as their home. A city in touch with the future, Meridian provides resources to support every stage of innovative development from start-ups to large corporations.

A CITY IN TOUCH WITH THE FUTURE

REGIONAL OVERVIEW06 07REGIONAL OVERVIEW


ABOUT MERIDIAN

ABOUT MERIDIAN

BUILT FOR BUSINESS...DESIGNED FOR LIVING 98 WWW.OPPORTUNITYMERIDIAN.ORG

— Dennis Johnson, PRESIDENT AND CEO, UNITED HERITAGE INSURANCE

“We can do business as quickly from here as anyone can do from anywhere in the world.”

When he’s not riding his motorcycle through the mountains, Dennis Johnson is steering a rapidly growing insurance company from his office in Meridian, Idaho.

Headquartered in a state-of-the-art facility, the company employs 140 people to execute back office and shared services functions like accounting and customer service. United Heritage’s products are offered by more than 1,700 independent agents around the country.

“We can get from our office to the airport within 12 minutes. From there, we can go anywhere in the United States and indeed, anywhere in the world,” says Johnson.

For him, the Boise Valley’s high quality of life translates into lower turnover and higher productivity.

“It has to do with how much time you’re going to be spending in traffic. It has to do with the weather and how much time you’ll get to spend outdoors. The Boise Valley has great transportation, great governmental services, great private industry, great shopping, great schools—they all contribute to the great quality of life here. It’s not just the recreational opportunities,” he says.

It has also meant easier recruiting.

“They want to come to a place like this where you still have a city and an urban atmosphere but with a feeling that people still care about each other. When we give people an opportunity to come here, we find they jump at it.”

“The relationship between government and business is really strong here in Meridian. It’s as good as any place I’ve ever seen, whether that’s permitting for businesses to build a new building or the state regulatory environment. In a business like ours that’s usually so highly regulated, that public/private partnership is really important.”

Dennis Johnson, United HeritageSUCCESS PROFILE

IN THE WORDS OF MERIDIAN BUSINESS OWNERS...

- DAVID COHEN, CEO, MobileDataForce

CEO David Cohen explains, “We came to Meridian, ID because a unique technology sprung up here from its proximity to other technology companies like Extended Systems, Sybase, and HP.”

“Meridian is unique for the access it provides to government officials, the heads of business, and the leaders of educational institutions.”

As far as recruiting people, David explains, “As a business solution provider, we attract a different kind of employee. We attract smart individuals usually in a different stage in their lives, where the quality of life, reasonable work life balance, and environment for living and raising a family is more aligned with their expectations.”

David concludes, “We are uniquely positioned here to innovate around the marriage between technology and traditional industries.”

DESTINATION FOR EMERGING HEADQUARTERS

MERIDIAN COMPANIES• Blue Cross of Idaho• United Heritage• St. Luke’s Regional Medical Center• Citigroup Inc.• Power Engineers

• Crucial Technology• MobileDataForce• Western States Equipment• Scentsy• PKG User Interface Solution

REGIONAL OVERVIEW:Why BOIsE?

Regional oveRview: why Boise valley?

For more information: Jana Jones

(208) [email protected]

thE LIFEstyLE

We can help. The Boise Valley Economic Partnership (BVEP) is a one-stop shop to the Boise Metro: 10 Cities, 5 Counties, 645,000 people. Free, custom & confidential services, including:

The Boise Valley offers both enviable access to amazing

recreational amenities as well as affordable housing.

RELOCaTiNG OR ExPaNDiNG?

•Craftcustomdataonkey business factors & a personalized overview of the region

•Assistinevaluatingand applying for incentives

•Connectyouwithbusinessleaders, state leadership, and services in the Boise Valley

•Promoteyourorganization/business through media and public relations

•Evaluatetheworkforceandhelp connect you to resources for hiring, interviewing & training employees

•Initiaterealestatesearches&assist in permitting process

•Coordinatesite-selectiontripsand customized visits to the valley

250 S. 5th St. • Suite 300 • Boise, Idaho 83702 • (208) 472-5229

www.bvep.org

RIdGE tO RIVERs tRAIL systEm 130 miles of hiking trails and single track

BOGUs BAsIN sKI REsORtSeason pass cost:$229/Adult $59/Child

Fish for trout and steelhead on your lunchbreak

BOIsE RIVER

$200/month for full access

pLANtAtION cOUNtRy cLUB

Average cost of a home in 2014 is 86% of the national average (ACCRA Cost of Living Index)

cOst OF hOUsING

25 miles of paths linking 850 acres of parks

BOIsE GREENBELt

A whitewater playground in the center of downtown providing surf for kayakers and paddle boarders

BOIsE WhItEWAtER pARK

MARKET OVERVIEW

MARKET OVERVIEW

The Boise Valley - where modern urban amenities mix with small town charm. A place where passersby still greet strangers with a smile, and offer visitors recommendations on the best bites or patio spots. Where connectivity to commerce coexists with vibrant cultural experiences and access to efficient entertainment.

Because with a river literally running through it, and a trail system that starts steps off the sidewalk, the lunch ride, stroll or cast is within a pedal, pace or paddle from your office or urban home. The curb appeal encompasses locally-owned boutiques, diverse dining spots, arts and culture venues, corporate headquarters and havens for entrepreneurs. Because here it is not about how work and life balance, but how work and life integrate seamlessly.

While Boise’s 150-years of urban history are evident on every block of our walkable downtown core - business leaders, city dwellers and designers have an eye on the future. Downtown is on the cusp of welcoming a gleaming new interactive creative center, hundreds of new housing units, a multi-modal center, expanded convention center and new corporate headquarters.

“Boise, to put it mildly, has been on a roll. government, education, and health care remain core industries, but dozens of high-tech startups have moved to town, joining behemoths like hewlett-Packard and Micron Technology. and while its population has more than doubled in the past 30 years and jaded locals bemoan the sprawl, Boise has managed its growth impressively well: The city is home to nearly 2,000 acres of parks and a 25-mile greenbelt.”

Outside Magazine, Best tOwn in the western u.s.:

#2 Best City to Move to in 2015sML, Mar 2015

Lowest Business Costs in Pacific u.s.KPMG’s Competitive Alternatives, 2012 & 2014

#1 City where the Jobs will Be this spring - Forbes, Mar 2015

Best under the radar destinations of 2015 - Huffington Post, Nov 2014

#1 Best City for KidsLivability, May 2014

#1 region “getting it right”Time Magazine, Mar 2014

#2 top up-and-Coming City for recent College graduates - Forbes, Jun 2015AccOLAdEs

naTional

running list of these and others: bvep.org/facts/national-accolades.aspx

MARKET OVERVIEW

MARKET OVERVIEW

REGIONAL OVERVIEW

NON-stOp FROm FLIGht tImEBOIsE tO

AIR sERVIcEThe Boise Airport (BOI) is located less than five miles from downtown Boise and handles more than three million travelers each year.

chicago, IL 3 hrs 19 mins

denver, cO 1 hr 45 mins

houston, tX 3 hr 7 mins

Las Vegas, NV 1 hr 45 mins

Los Angeles, cA 2 hrs 10 mins

minneapolis, mN 2 hrs 47 mins

Oakland, cA 1 hr 40 mins

phoenix, AZ 1 hr 54 mins

portland, OR 1 hr 10 mins

Reno, NV 52 mins

sacramento, cA 1 hr 36 mins

san diego, cA 2 hr 0 mins

san Jose, cA 1 hr 55 mins

san Francisco, cA 1 hr 48 mins

salt Lake city, Ut 1 hr 2 mins

seattle, WA 1 hr 20 mins

spokane, WA 59 mins

EXpANsION OF FLIGht sERVIcE

In 2014, The Boise Airport was awarded a $700,000 grant to assist in attracting an additional non-stop flight from Boise to Atlanta. Over the past couple of years, Boise has seen an expansion and increase in non-stop flights, and we anticipate that this trend will continue.

The Boise Valley is strategically located in the Mountain Time Zone and Southwestern Idaho, providing easy non-stop access to all major cities on the West Coast, the Pacific Northwest and Intermountain West.

The Boise Metro area is home to 660,465 people (EMSI Estimate 2014) and a workforce of 330,000 within a 45-minute draw of Boise. The average commute time is 18 minutes.

Commuting in the Valley: The major interstate serving the Boise Valley is I-84, running through the metro area’s major cities Boise, Meridian, Nampa and Caldwell, and I-184 branches toward the northeast into downtown Boise. Daily commutes are easy for the Boise Valley’s population with federal highways 20, 26, and 30 and state highways 21, 44 and 55 providing access. ValleyRide offers public transportation throughout the Boise Valley.

What about logistics? There are 50 motor freight companies traveling 5 interstates, 20 U.S. highways and 30 state highways that serve the Boise Valley. More than 1,600 miles of rail line through Union Pacific and Burlington Northern Santa Fe provide connection points to Canada, Mexico and the U.S.. They are aided by the State’s regional line and 6 short line railroads. Annually, the rail system transports over 11 million tons of freight.

Demographics

Population: 660,465 (EMSI Estimate 2014)Unemployment Rate: 4.1% (May 15)

Median Age: 34.2Bachelors Degree or Higher: 19.5%White Collar Workers: 36%Blue Collar Workers: 63%

Median Hourly: $15.19Mean Hourly: $19.74Median Annual: $31,590Mean Annual: $41,070Source: www.bvepsites.org an application powered by GISPlanning

Boise Valley statistics: age distribution

household incomedistribution

age Total %

0-4 44,758 7.02

5-9 49,135 7.71

10-19 94,512 14.83

20-29 83,980 13.18

30-39 87,375 13.71

40-49 84,345 13.23

50-59 79,980 12.55

60-64 34,160 5.36

65+ 79,091 12.41

income Total %

<$10k 12,629 5.45

$10k-$20k 22,775 9.83

$20k-$30k 26,371 11.38

$30k-$40k 25,737 11.11

$40k-$50k 23,087 9.97

$50k-$60k 22,393 9.67

$60k-$75k 27,622 11.92

$75k-$100 29,808 12.87

>$100k 41,240 17.8

a visual look at the Boise valley:

www.growideashere.comwww.Youtube.com/BVePVideowww.BVeP.org

Questions? Call us!

Boise valley economic Partnership (BveP)(208) 472-5229

MARKET OVERVIEW

MARKET OVERVIEW

REGIONAL OVERVIEW

Excerpts from Smithsonian Magazine, April 2009

”...Boise strikes deeply and keenly: it is a place both rural and metropolitan, civilized and feral. It's a town full of settlers and wanderers, conservationists and conservatives, hippies and hunters, folks who value both snowmobiles and tiramisu, who clean their shotguns one evening and donate to the Shakespeare Festival the next....”

“Boise is still so young and new—changing almost every day—and I don’t think it’s overstatement to suggest that our town represents everything that remains great about America: potential, youth, natural beauty, qual-ity of life. Some 100 parks, 14 museums, playgrounds everywhere you turn: our skies are huge; our houses affordable. Hikers can still drink from a secret spring in the hills; paddlers can still go kayaking in the morning and meet with their accountants by noon. When we visit friends who live elsewhere, they ask, “Boise? Re-ally? Why do you live there?” But when friends visit us, they say, “Oh, wow, now I see.”

2015 Pulitzer Prize & Carnegie Medal Winning AuthorAll The Light We Cannot See– Anthony doerr

Below is a snapshot of the workforce distribution in the Boise Metro Region.

Covered employment & average annual wages Per Job 2004 & 2014

2004 avg employment

2004 avg wages

2014 avg employment

2014 avg wages

Total Covered Wages 236,673 $31,319 252,942 $38,852

Agriculture 4,652 $18,902 4,842 $28,192

Mining 192 $35,441 183 $62,356

Construction 16,968 $33,251 12,217 $41,250

Manufacturing 34,872 $44,269 22,777 $61,588

Trade, Utilities & Transportation 45,225 $27,526 49,364 $35,706

Information 3,970 $39,857 4,250 $46,401

Financial Activities 35,449 $32,226 40,506 $40,399

Professional and Business Services 11,059 $35,212 12,464 $46,858

Education and Health Services 25,565 $30,259 38,874 $39,750

Leisure and Hospitality 20,622 $10,828 23,424 $14,375

Other Services 6,176 $21,447 6,781 $25,122

Government 35,449 $32,226 40,506 $40,399 source: idaho Department of labor

WORKFORcE

LARGE EmpLOyERs

• Micron Technology, Inc.

• St. Lukes Health Systems

• Saint Alphonsus Health System

• Hewlett-Packard Company

• J.R. Simplot Company

• IDACorp (Idaho Power)

• WinCo Foods, LLC

• Albertson’s/SuperValu

• URS Corp. - Washington Group

• Wells Fargo, N.A.

• U.S. Bank

• Boise Inc.

• Bodybuilding.com

• MWI Veterinary Supply, Inc.

• Key Bank

• Scentsy, Inc.

• Lactalis American Group

scIENtIFIc/tEchNIcAL sERVIcEs, ENGINEERING, ARchItEctURE, LEGAL

• CSHQA, a design collaboration

• HDR, Inc.

• CH2M Hill

• Power Engineers

• Hawley Troxell

• Eide Bailly, LLP

• Givens Pursely, LLP

• Perkins Coie, LLP

• Stoel Rives, LLP

• URS Corporation

• Balihoo

• Healthwise

• Clearwater Analytics

• Keynetics Inc.

• INL - Battelle Energy Alliance

• Enphase Energy

cUstOmER sUppORt cENtERs

• Wells Fargo, N.A.

• DireCtV

• Alaska Airlines

• WDS Global

• CenturyLink

• Albertson’s/SuperValu

• T-Mobile U.S.A., Inc.

• EDS, an HP Company

• Citi Card

• Intermountain Gas Company

• ProService Boise

• HP Shopping.com

tARGEt INdUstRIEs

• Food Processing &agri-Business

• Technology

• Manufacturing

• Professional services:Back-Office & Shared Services

Headquartered in Boise, ID, Micron Technology (MU, Fortune 500) is one of the region’s largest employers with approximately 6,000 people in the Boise Valley. CEO Mark Durcan explains, “We look for people that are high-energy, entrepreneurial, and able to go out and create new lines of business because our business is always changing,” He continues, “There is a lot of talent in Boise and Micron is not the only high-tech company in town.” read more at www.bvep.org/success-stories

EdUcAtIONAL AttAINmENt

27.24% 8.27% 23.71% 11.53%

70.75% of the population has some college training.Over 40,000 are currently enrolled in higher education.

12.71 % Above National

MARKET OVERVIEW

MARKET OVERVIEW

Agribusiness and food processing is one of the largest contributors to Idaho’s economic base, accounting for 20 percent of the gross state product. And far from its reputation for “famous potatoes”, food and agribusiness in Idaho—and the Boise Valley in particular—is extremely diversified, producing numerous varieties of crops and seeds, dairy products, cattle and livestock, award winning wines, and a variety of food products from appetizers to canned beverages.

sOmEthING’s BREWING IN thE BOIsE mEtRO

Top 10 Beer Towns with a Mountain Biking Problem, Singletracks.com, 2015

pAyEttE BREWING Is NOW IdAhO’s BIGGEst BREWER- Michael Deeds, May 7, 2015 | Idaho Statesman

“Payette Brewing Co. of Garden City produced 10,046 barrels of beer in 2014, making it the largest brewer in Idaho, according to newly released numbers from the Brewers Association.

That’s nearly double its production in 2013, and marks a changing of the guard. Victor’s Grand Teton, which generated 9,879 barrels in 2014, has topped the category in previous years.

Rounding out the top five in 2014: Sockeye (8,295), Laughing Dog (5,804) and Crooked Fence (4,200). The production drop-off is fast after that, starting with McCall Brewing (1,300).

The gap stands to widen. Payette has announced plans to expand to a larger brewhouse with the long-term theoretical potential to pump out as many as 100,000 barrels of beer annually.”

College of Western Idaho (CWI)College of Western Idaho (CWI) is one of the fastest growing community colleges in the nation. CWI has seven campus locations throughout Boise and Nampa, plus hundreds of classes online.

14 higher education establishmentsRegardless of where you are located in the Boise Valley, there is great access to quality education. Other Idaho colleges and universities include: University of Idaho, Northwest Nazarene University, College of Idaho, Idaho State University, Concordia University School of Law, and a number of other online and for-profit schools.

Boise state university Boise State University is the largest University in Idaho and has spent over $30 million annually on research in the past few years. With 643 faculty members, over 22,000 students, and a choice of nearly 200 degrees and certificate programs, Boise State is more than just the Bronco Nation.

EdUcAtION

05REGIONAL OVERVIEW

K-12 EdUcAtION

If you’re looking for good schools, you’ll find them in the Boise Valley. You’ll find exceptional opportunities for students of all ages, with nearly a dozen colleges and universities in the area, plus one K-12 school district ranked as one of the most successful and high-achieving school districts in the country (according to an Expansion Magazine study).

Downtown learning for kids is made easy with programs like the Cabin (a writing program), the Discovery Center, as well as a host of museums and family friendly activities.

#1 Best College Football Field U.S. News, October 2014

#1 Region Getting it Right Time Magazine, March 2014“Idaho’s capital has become

a techy boomtown with a thriving cultural scene.”

MARKET OVERVIEW

MARKET OVERVIEW

ONE mILE WORKstyLE

95 Restaurants35 Clothing StoresBoise City HallIdaho State CapitolBoise State UniversityConcordia Law UniveristyIdaho State UniversityUniversity of IdahoAnn Morrison ParkJulia Davis ParkBoise River & GreenbeltWhole FoodsTrader Joes11 Bicycle & Recreation ShopsEgyptian TheatreEdwards CinemasIdaho Dance TheatreBasque Museum & Cultural CenterBoise Art MuseumDiscovery Center of IdahoIdaho Black History MuseumMorrison Center for Performing ArtsOpera IdahoZoo Boise2 Regional Hospitals (within 5 miles)The Flicks

Within 10 miles: 307,821 people. Of those, over 70% have some level of post-secondary education.

WIthIN A 1 mILE RAdIUs OF dOWNtOWN BOIsE:

One mile Radius

walk a Mile in our shoes

In Downtown Boise, you can move from pavement to single track within two miles. You can experience a sophisticated business environment and a unique cultural class with a dynamic coffee and microbrewery scene.

Getting here is easy. Located only 12 minutes from the Boise Airport (4.4 miles), Boise is served by six major airlines to 17 nonstop destinations including: Chicago, Denver, Houston, Las Vegas, Los Angeles, Minneapolis, Oakland, Phoenix, Portland, Sacramento, Salt Lake City, San Diego, San Francisco, San Jose, Seattle & Spokane.

Once you get here, we encourage you to walk a mile in our shoes. Where else can you go from flyfishing, to mountain biking trails, to the Capital, to a University, and to the center of business and commerce within a mile?

dINING OUt Something for everyone

From croquettes to cappuccinos, you’ll find a myriad of colorful dining options in Boise’s downtown and surrounding areas. Relish restaurant menus sourced locally, gorge yourself at gourmet walk-up delis and indulge in rich authentic cuisine all within steps of one another. With over 80 dining options in the core, Boise’s downtown dining scene is eclectic and inviting. One street boasts a collection of favorite Basque restaurants with street dancing and paella served on the plaza. The next street may feature stick-to-your-ribs comfort food or surprising new ethnic fare. At Boise’s finest dining attractions, mixologists may serve you an original concoction to complement your northwest raised steak. Local owners of Boise’s downtown lunch spots don aprons to construct artisan sandwiches and squeeze fresh juices by hand. And, lest we forget, breakfast bistros and award-winning cafés are perched on nearly every corner. If you’re an eater, a drinker or even just a socializer, Boise’s dining scene has a favorite, or a few, for everyone.

mIcROBREWs, VINO, & dIstILLERIEsThe Boise Valley is also an up-and-coming location for great microbreweries. Idaho is the 3rd largest hop producer in the U.S. and Livability.com ranks Boise as #7 in the top 10 beer cities.

There are over 50 wineries in Idaho, and many of them can be savored from the 90+ dining options available within downtown.Bodovino is a wine bar with 144 wines on tap. Another local restaurant, Bardenay, is famous as the nation’s first restaurant distillery.

OVER 35 Nightclubs & Bars in Downtown Boise to Choose From!

MARKET OVERVIEW

MARKET OVERVIEW

By the Numbers:• 80 acres• 67 animated vertical fountain jets

with 30-foot spray• 200 ornate lampposts• 201 computer-controlled LED

fountain lights• 4,100 parking spaces• 60,000 plants• 1,020,000 sq ft of entertainment• 15 Plex Theatre

“thE VILLAGE” At mERIdIAN

Real estate in Meridian remains highly affordable with housing costs that are lower than in other comparable cities, and the median home age is just 10 years compared to 35.1 years nationwide.

The median price of Meridian homes is just $181,670 comparing very favorably with the national median of $202,300. Add the fact that Meridian’s cost of living is 5 percent below the national average, and you will likely find that you have options that exceeded your wildest expectations with property-tax rates well below the national average.

Most families find themselves with the dilemma of picking a community that’s close to dynamic employers or one that’s ripe with great neighborhoods and schools. But in Meridian, there’s no need to sacrifice one for the other. Commutes are easy, even into Boise or Nampa, and the city’s housing is some of the most affordable in the country.

LIVING IN mERIdIAN

New in 2013, The Village at Meridian is a premier lifestyle center featuring national retailers amidst luxury architecture and landscape design. Sitting on approximately 100 acres at Eagle & Fairview, the center resides at the heart of the Valley.

As General Manager Hugh Crawford states, “We have a strong commitment to creating a community connection and making The Village at Meridian a gathering place for the Valley.”

World class companies are choosing Meridian as their home. A city in touch with the future, Meridian provides resources to support every stage of innovative development from start-ups to large corporations.

A cIty IN tOUch WIth thE FUtURE

REGIONAL OVERVIEW

MARKET OVERVIEW

MARKET OVERVIEW

It’s a good place to be a medium to big sized fish in a relatively small pond and do what you want to do from a business standpoint. I like the environment. You don’t have to speak code

to engage in the entrepreneurial environment. There are a lot of kinds of entrepreneurs – food, rec tech – there are not just tech entrepreneurs like you’d find in the Bay Area. There’s room for everyone.

JEssIcA FLyNN - Why BOIsE VALLEy?cEO, REd sKy

REcREAtIONAL AccEssWith world-class golf courses, hiking, fishing, and mountain biking, the recreation opportunities are virtually unlimited within a 30-minute drive.

• Idaho has the most whitewater in the lower 48states.

• Boise Foothills have more than 135 miles ofacclaimed hiking and mountain biking trails.

• Bogus Basin Mountain Resort is 16 miles northof Downtown Boise with 2,600 acres of skiableterrain.

• Nearly 2,000 acres of parks• 25-miles of greenbelt paths along the Boise River

through 850 acres of parks• A new Boise River Park with two state-of-the-art

waveshapers.• Kayaking, whitewater rafting, fly fishing and other

water activities can be found throughout the BoiseValley and across the state on the Boise, Payette,Snake, and Salmon River systems.

• World-famous Sun Valley ski resort is only a three-hour ride to the northeast (recognized in January2013 by the Huffington Post as one of the top 10ski towns in the country)

Why thE BOIsE VALLEy?“We like to talk about quality of life here. But I’m not just talking about great mountain biking or skiing or hiking or fly fishing opportunities you have here—all of which exist. It has to do with how much time you’re going to be spending in traffic. It has to do with the weather and how much time you’ll get to spend outdoors. The Boise Valley has great transportation, great governmental services, great private industry, great shopping, great schools—they all contribute to the great quality of life here. It’s not just the recreational opportunities.”

- Dennis Johnson, CEO & President,United Heritage Financial Group

REGIONAL OVERVIEW

cOst OF LIVING

NAtIONAL AVERAGE FORcOst OF hOUsING86%

source: cOst OF LIVING INdEX By c2ER

Based on averages for housing, utilities, health care, transportation, groceries, and other services, Idaho’s cost of living is one of the lowest in the western states, according to the ACCRA Cost of Living Index:

• Cost of living is 94.7 percent of the national average• Consistently ranked by Forbes, The Wall Street Journal and Inc.

Magazine as one of the best places in the U.S. to live and work

94%NAtIONAL cOst OF LIVING

BOIsE mEtRO Is

MARKET OVERVIEW

MARKET OVERVIEW

Minutes from rivers, lakes and mountains, the Boise Valley is open 24/7 for any type of outdoor adventure.

Recreation: Located 17 minutes from downtown Boise, the Bogus Basin Ski Area offers day and lighted night skiing. The Boise River runs through downtown and is accessible through a greenbelt system with over 25 miles of bike paths and 850 acres of parks. With world-class golf courses, hiking, fishing and mountain biking, the recreation opportunities are virtually unlimited within a 30-minute drive.

Living Here: Boise ranks at 86% of the national cost for housing (ACCRA 2014). Farmers Insurance Group lists the Boise Metro areas as one of the most secure places in which to live (crime rates).

Diversity: While Idaho may not be known for diversity:

- More than 90 different languages are spoken inthe Boise School District.- The Boise Valley is home to one of the oldestsynagogues in the western United States.- Over 800 new citizens (refugees) are welcomedto the Boise Valley each year from over 20 foreign countries. The City of Boise has been recognized for its work helping these new citizens acclimate to their new country and helps other communities around the country with their programs.- There are more than 24 language coursesavailable through local universities and communityeducation programs and an internationalbaccalaureate program is available.- Annual diversity events and resources include theSoul Food Extravaganza, PRIDE activities, HispanicCultural Center and the Black History Museum.The Mexican Consulate also has an office in Boise.

VIBRANt cOmmUNItIEs

With a host of cultural amenities and opportunities, the Boise Valley has many resources and programs that lend to our unique setting.

BROAdWAy IN BOIsE

BALLEt IdAhO

BOIsE phILhARmONIc

tREy mcINtyRE pROJEctInternational dance company

mUsIc & ARt FEstIVALs

IdAhO shAKEspEARE FEstIVAL

ARt & cULtURE

mORRIsON cENtER FOR pERFORmING ARts

BAsqUE hERItAGE2nd largest Basque population (a region between France & Spain) in N. America.

OpERA IdAhO

BOIsE ARt mUsEUm

REGIONAL OVERVIEW

BIG IDEAS GROW HERE. 1

Wine & Dine: The walkable downtown features a number of restaurants, shops and amenities. With over 40 wineries in the state, the Boise Valley is also home to the Snake River Valley, a growing AVA designated region, located 40-minutes from downtown.

MARKET OVERVIEW

MARKET OVERVIEW

Jessica Rolph,happy Family Brands

Faisal shah,entrepreneur

“Boise is a really easy place to start a business. Costs are generally low, the airport is convenient, and it is easy to be here. People are generally excited to work hard and are grateful for an opportunity. It is an easy backdrop for someone with a pretty hectic life.”

“There are a lot of resources available here for technology entrepreneurs. Go find them - everything from b|launched (a program with the Boise Chamber of Commerce), Kickstand, TechConnect, Idaho Small Business Development Center, BSU TECenter, and Launchpad – there’s a host of resources that local organizations and the cities have put together. Seek those out. Educate yourself. Network. Learn how to start a company. Find a mentor.”

Why I LIVE hERE

dOWNtOWNArt in the Park Spirit of Boise Balloon Classic TreeFort Music FestivalBasque CelebrationsFloat The Boise RiverExplore Over 135 Miles of TrailsBike Over 25 Miles of Greenbelt PathsBoise State Football GamesTwilight CriteriumIdaho Steelheads

Ballet IdahoZoo BoiseDiscovery CenterThe Cabin Literary CenterAlive After Five Concert SeriesSaturday Public MarketsIdaho Stampede BasketballOpera IdahoCatch Concerts, Visit Art Muse-ums, Dining & More...

sO mUch tO dO

With over 15,000 fans standing on the sidelines as professional cyclists speed through the heart of downtown, this event is an annual Downtown Boise favorite that typically takes place in July.

tWILIGht cRItERIUm

ENJOy these and other special events in downtown Boise throughout the year...

FiRST THURSDayStroll through the uniqueshops and galleriesof downtown Boisewhile enjoying in-storeentertainment and specialevents•5to9pm

aLiVE aFTER FiVESummer Concert SeriesEat, drink and listen to livemusic•Wednesdays,JunethroughAugust•5to8pm•Free

PUBLiC MaRkETSFresh local produce, flowers,specialty foods, artwork,gifts and more every Saturday.

aNDERSEN BaNDUCCiTWiLiGHT CRiTERiUMSaturday July 11, 2015

DiNE OUT RESTaURaNTWEEkEND TO WEEkENDFirst week in November

CHRiSTMaS iN THE CiTyHoliday Tree Lighting,Dining, Shopping, CityLights and City SantaThanksgiving to Christmas

tOp 10 BEst tOWNs FOR cOL-LEGE FOOtBALLTime Magazine | September 2015

#2 BEst cIty FOR mILLENNIAL ENtREpRENEURsvia FastCompany | September 2015

tOp 100 BEst pLAcEs tO LIVELivability | September 2015"Situated at the intersection of where desert meets mountains, the city of Boise's cultural amenities are just as impressive as its natural sur-roundings. The Boise River flows through the city, past theatres, mu-suems, great breweries and Boise State University..."

MARKET OVERVIEW

MARKET OVERVIEW

CONTACT INFORMATION

CONTACT INFORMATION

LEANN HUME, CCIM, CLS

Senior Director Retail / Investment Specialist +1 208 287 8436 [email protected]

ANDREA NILSON

Senior Director Retail / Investment Specialist +1 208 287 8439 [email protected]

SARA SHROPSHIRE

Senior Associate Retail / Investment Specialist +1 208 287 9494 [email protected]

2986 NORTH EAGLE ROAD, MERIDIAN, IDAHO 83646 FORMER … · 2018-08-09 · 2986 NORTH EAGLE ROAD,...

Documents

Transcript of 2986 NORTH EAGLE ROAD, MERIDIAN, IDAHO 83646 FORMER … · 2018-08-09 · 2986 NORTH EAGLE ROAD,...