Offers Development Ground for Sale | Boise, Idaho Bids Due June 29, 2021 | 2:00Pm Mst

CALL FOR EAST COLUMBIA ROAD OFFERS DEVELOPMENT GROUND FOR SALE | BOISE, IDAHO BIDS DUE JUNE 29, 2021 | 2:00PM MST

NEW! 1.84 ACRES

Michael Ballantyne, CCIM, SIOR | 208.947.0831 | [email protected] CALL FOR OFFERS PUBLIC NOTICE

LEGAL NOTICE NOTICE OF PROPERTY FOR SALE

Notice is hereby given that sealed bids in the form of an earnest money agreement will be received by the Board of Trustees of the Independent School District of Boise City, 8169 W. Victory Road, Boise, Idaho until 2:00 p.m., June 29, 2021, for the sale of property as follows:

1.84 Acres of Development Ground Located Near Micron Technology E. Columbia Road Boise, Idaho

Parcel Number: S1605336000 in Ada County

BID PROCEDURES

Bid instructions are available through Michael J. Ballantyne at TOK Commercial Real Estate. Their offices are located on the second floor at 250 S. Fifth Street in Boise, Idaho. In addition, please direct all questions regarding this property to Mr. Ballantyne. He can be contacted at (208) 947-0831 or at mjb@tokcommerical. com.

A Certified Check or Cashier’s Check in the amount of $25,000.00 made payable to TitleOne Corporation must accompany each bid as earnest money.

All bids shall be opened and publicly disclosed at the District Service Center, Purchasing Office, 8169 West Victory Road, Boise, Idaho, following the closing hour for said bids, as indicated in the notice. Bids received after the time of opening shall not be considered. No bidder may withdraw his bid after the hour set for the opening or before award of sale unless said award is delayed for a period of thirty (30) days.

The Board of Trustees reserves the right to reject any and or all bids or to waive any informality, or to accept the bid or bids deemed best for the Independent School District of Boise City #1.

INDEPENDENT SCHOOL DISTRICT OF BOISE CITY

Sharon Mast, Board Clerk Pub. 2T April 29 & May 6, 2021 2 consecutive Thursday Issues

You are hereby invited to submit a bid for the purchase of the property All questions regarding these properties should be directed to: located at E Columbia Road, Boise, Idaho 83716 (Parcel S1605336000). All showings shall be coordinated through the listing agent. Please do not Michael Ballantyne, SIOR, CCIM enter the property without an appointment. [email protected] (208) 947-0831 Sealed bids in the form of a signed Real Estate Purchase and Sale Agreement will be received by Boise Independent School District until 2:00 PM on The Seller reserves the right to reject any and all bids or to waive any Tuesday, June 29, 2021 at the Purchasing Department of the District informality, or to accept the bid or bids deemed best for the Seller. Services Center located at 8169 W. Victory Road, Boise, Idaho 83709. Representations and warranties of Seller: Buyer acknowledges and All envelopes containing bids are to be clearly marked “BID FOR agrees that Buyer is acquiring property in its “AS IS” condition and solely PURCHASE OF E COLUMBIA ROAD” on the face of the envelope. in reliance on Buyer’s own inspection; and that other than as set forth in The envelope itself is to be addressed as follows: the purchase agreement, neither Seller nor any agents, representative or employees of Seller, has made any representations or warranties, express District Services Center or implied, verbal or written, with respect to any aspect of the property Attn: Scott Engum including without limitation the physical and environmental condition of Purchasing Department the property (and the subsurface conditions of the soil and water) or its 8169 W. Victory Road fitness for any particular use. Boise, ID 83709 Bids received after the due date and time of opening shall not be considered. No bidder may withdraw his/her bid after the hour set for the opening or before award of sale or sales unless said award or awards are delayed for a period of thirty (30) days. All bids shall be opened immediately after the closing hour for said bids, as indicated in the enclosed notice. Each bid shall be accompanied by a certified check or a cashier’s check as earnest money in the sum of Twenty Five Thousand Dollars ($25,000.00) made payable to TitleOne Corporation. Terms of Sale: Cash at closing, which shall be within ninety (90) days after the award, or most favorable terms acceptable to the Seller. If the successful bidder is unable to close within ninety-day period, the earnest money will be forfeited and retained by Seller and the sale may be awarded to another bidder. Conveyance will be by special warranty deed and subject to existing liens, assessments, and easements of record.

PROPERTY INFORMATION

Property Address: TBD E. Columbia, Boise, ID 83716

Property Type: Vacant Land

Parcel ID: S1605336000

Legal Description: PAR #6000 OF SW4SW4 SEC 5 2N3E

Subdivision: 2N 3E O5

Parcel Size: 1.84 Acres

Current Zoning: Ada County - RUT

Future Land Use: Planned Community

LAND INFORMATION

Utilities: At or near site

Water Source: City of Boise

Sewer: City of Boise

Improvements: None

Topography: Level

Irrigation District: New York Irrigation

ARTIST CONCEPTUAL - NOT TO SCALE COMPENSATION: 3% fee to buyer’s broker CLICK HERE FOR PRELIMINARY TITLE COMMITMENT

Boise City limits shaded in red

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HUBBARD Source: City of Boise GIS, COMPASS, Clarion Associates (2009) Source: City of Boise GIS, COMPASS, Clarion Associates (2009) April17, 2017April17, 2017

Special Districts and Masterblueprint Boise | Boise’s Plans Comprehensive Plan | Page 170 SPECIAL DISTRICTS AND MASTER PLANS Planned Community LAND USE MAP SYMBOL

DESIGN PRINCIPLES Area-specific policies apply in addition to design principles for neighborhoods, activity centers, and commercial/employment as applicable. See Chapter 4, Southeast Planning Area and Ten Mile Creek Planning Area. CHARACTERISTICS Applies to the Ten Mile Creek Planning Area, a largely undeveloped area south of the current Boise AOCI. The area is generally suited for urban development and has been considered by Boise City for inclusion in a future AOCI expansion. Also applies to the largely undeveloped East Columbia area in the Southeast Planning area. LOCATION Ten Mile Creek Planning Area and East Columbia area. BSU Master Plan LAND USE MAP SYMBOL

CHARACTERISTICS The BSU Master Plan ensures future growth will be consistent with the needs of the surrounding neighborhood and the future land use policies of the city. Uses in the BSU expansion area are anticipated to include multi-story buildings with an ultimate capacity of 500,000 to one million square feet over a 10-block area. Uses could include university-related private sector research facilities and business incubators, as well as traditional academic uses. The plan addresses the desired location of BSU growth over time, as well as issues of campus appearance, parking, student housing, and land use mix. LOCATION Within the boundaries of the Downtown Planning Area.

E Columbia Road, Boise, Idaho This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 6 [6]

3-56 BLUEPRINT BOISE CALL FOR OFFERS PLANNED COMMUNITY

ACTION PLAN blueprint Boise | Boise’s ComprehensiveACTION Plan PLAN | Page 347-348

PDP-3.2—EAST COLUMBIA AREA (See policies NAC-2.1 through 2.3, 3.1, 3.2, 7.1, 7.4, streets must be designed and built to facilitate those related to the overall pattern and intensity of Develop a sub area plan for the East Columbia area. 10.1, and design principles in Chapter 3) walking, biking, and transit ridership. Conversely, development with the city over time. the pattern and intensity of new development and (See actions PDP-2.3 and PDP-3.1.) Action NAC-2: Update the city’s infill must also support these goals. Priority actions related to development patterns are addressed in neighborhood planning framework. CC-2.1—MODIFY/DEVELOP TRACKING greater detail by Action CSN-1, PDP-1, and SDE-2. THEME #3: A COMMUNITY OF Neighborhood plans serve as an important link STANDARDS Priority actions to support the expansion of non- STABLE NEIGHBORHOODS AND between the broad goals and policies contained Modify existing standards or develop new tracking motorized transportation include: VIBRANT MIXED-USE ACTIVITY in this Comprehensive Plan, the more detailed standards as follows: CENTERS (NAC) planning area policies contained in Chapter 4, and CC-1.1: PROMOTE TRANSIT-SUPPORTIVE Evaluate the use of a variable or flexible vehicular the targeted goals and policies found in the city’s DEVELOPMENT PATTERNS level of service standard for roadways and create Priority actions to promote neighborhood adopted neighborhood plans. (See goal NAC-5.) Create mixed-use and transit-supportive pedestrian and bicycle level of service standards; stability and the creation of vibrant mixed- This action emphasized the importance of this development zoning districts for designated activity use activity centers include: (1) Establish linkage: centers, corridors, downtown, and other areas with Enhance the COMPASS Communities in Motion opportunities for compact, pedestrian-friendly Performance Report to create a baseline and tools necessary to achieve desired patterns NAC-2.1—UPDATE NEIGHBORHOOD PLANNING of development and (2) Update the city’s growth. evaluate new transit investment’s impact on FRAMEWORK development activity; property values and lease neighborhood planning framework. Update the city’s current neighborhood planning (See policies CC3.2, 7.2, and 9.1.) rates: and residential and employment shifts; framework to: Action NAC-1: Establish tools necessary to CC-1.2: LIVABLE STREETS DESIGN GUIDE UPDATE Work with school districts to establish a monitoring achieve desired patterns of development. Work with neighborhood associations to develop Adopt the Master Streets Plan and associated street mechanism for the use of alternative modes of review items; In order for the city to achieve the types of cross-sections established by the Livable Streets travel to school each year; neighborhoods and activity centers called for in this Clarify the process for developing new Design Guide. Use annual resident transportation surveys and plan, new regulatory tools are needed. Having the neighborhood plans; biennial employee and university faculty, staff, and proper tools in place is important to streamline the CC-1.3: UPDATE PARKING AND STREET student transportation surveys to identify travel Define criteria used to trigger updates to an existing approval process for development that is consistent with STANDARDS trends over time and track progress toward meeting neighborhood plan; this Comprehensive Plan. The tools will also make Reexamine standards for public and private streets, mode share goals; and it difficult to approve development patterns that are Define required elements of future neighborhood sidewalks, and alleys to promote pedestrian and Work with Valley Regional Transit to establish not consistent with this Comprehensive Plan. Specific plans; and bicycle safety and mobility. Establish maximum actions include: parking requirements for all non-residential uses. performance measures that balance service area Establish a checklist for determining consistency Parking standards should recognize: coverage and service to transit dependent citizens. NAC-1.1—ESTABLISH NEW ZONING DISTRICTS with this Comprehensive Plan. Develop a series of mixed-use zoning districts (See policies NAAC5.1through 5.6.) The availability and capacity of transit service; CC-2.2—MONITOR PROGRESS to promote a more transit-supportive pattern of Use existing tracking mechanisms and new standards, development. Consider form-based approaches Availability of alternative commute modes; as they become available, to monitor the following: where appropriate. Multiple districts may be required Access to off-site and on-street parking facilities; and to address the varied character, scale, intensity, and Vehicle Miles Traveled (VMT); mix of uses desired in different locations of the city; #4: A CONNECTED COMMUNITY The availability of joint-use parking in mixed-use Level of Service (roadways, pedestrians, and however, it is likely there will be a number of common (CC) areas. bicycles); elements (e.g., pedestrian connectivity requirements). Priority actions to promote a more connected (See policies CC2.2, 4.4, 7.1, 8.1, and 8.2.) Separate new districts will be required for the Emission levels and fossil fuel usage as applicable downtown. Additional discussion regarding those community include: (1) Expand non-motorized CC-1.4: CREATE STANDARDS FOR STREET to measure progress towards goals set by the proposed districts is provided under Action EC-2. transportation, (2) Develop the tools needed CONNECTIVITY U.S. Conference of Mayors Climate Protection to measure and monitor progress towards a Agreement; (See policies NAC-2.1, 2.2, and 2.3.) more connected community, and (3) Improve Establish standards for street connectivity, particularly technological and social connections. in those planning areas where large areas of change Crash data for all modes and for areas with higher NAC-1.2—DEVELOP DESIGN STANDARDS have been identified. than expected crash rates or fatality incidents; and Develop design standards for employment, mixed- Action CC-1: Expand non-motorized Monitor development patterns of transit-supportive use, commercial, and neighborhood development transportation. Action CC-2: Develop the tools needed to to implement the Community Design Principles densities and evaluate against existing transit The continued expansion of non-motorized measure and monitor progress. service; and in Chapter 4 for new and infill development. transportation opportunities in Boise City will In order to track the city’s progress toward creating a Standards should be highly illustrative to convey key plays a critical role in the implementation of this more connected community, specific benchmarks and Monitor traffic impacts of development in the concepts and support the policies contained in this Comprehensive Plan. In order to support the standards are needed. Priority actions outlined below Foothills Planning Area. Comprehensive Plan. more compact, pedestrian, and transit-supportive are intended to be completed in conjunction with other pattern of development the community desires, monitoring efforts described in this chapter, particularly

E Columbia Road, Boise, Idaho 5-6 BLUEPRINT BOISE This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are usedBLUEPRINT for example BOISE only. tokcommercial.com5-7 7 [7] CALL FOR OFFERS AERIAL IMAGES ARTIST CONCEPTUALS - NOT TO SCALE

DOWNTOWN BOISE BARBER STATION

Boise River

S FEDERAL WAY

SIMPLOT SPORTS COMPLEX WEST BOISE LE BOIS JR HIGH E GOWEN RD SCHOOL

PAINTED RIDGE WINCO FOODS BOISE DISTRIBUTION CENTER

MIDDLETON EAGLE STAR

CALDWELL

BOISE MERIDIAN

NAMPA

KUNA

1 Mi. 3 Mi. 5 Mi. THE AREA DEMOGRAPHICS OVERVIEW

2020 ESTIMATES 1 MILE 3 MILES 5 MILES

Population 342 17,868 39,760

Households 103 6,723 16,625

Owner occupied housing 80 5,648 12,250

Renter occupied housing 23 1,075 4,375

Median age 34.1

2020 - 2025 TRENDS AREA STATE NATIONAL

Population 2.82% 1.67% 0.77%

Households 2.93% 1.66% 0.75%

Families 2.78% 1.54% 0.68%

Median HH Income 1.96% 1.15% 2.70%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

E Columbia Road, Boise, Idaho This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 11 [11] Boise Valley - The Boise Valley is not only home to the capitol of Idaho, but also serves as the center of commerce, politics, commercial population, cultural events, and the blue field that personifies the Boise State Broncos. As a high desert community resting at the foot of the mountains, it is surrounded by thriving bedroom communities rich in their own histories and economies, bringing the metro area population to approximately 733,000. Experts estimate the MSA population will exceed 790,000 by 2023.

Although Idaho is world famous for its agriculture, it has an equally vibrant economic environment for high-tech, healthcare, education, transportation, service, tourism, and retail industries. Many nationally and globally recognized corporations have a home in the valley including Micron Technology, Hewlett Packard, DirecTV, Albertsons, J.R. Simplot Company, MotivePower, Materne, LambWeston, and many others.

Forbes consistently ranks the Boise Valley as one of the top places in the country to do business, high quality of life, raising a family, entertainment, and recreation. The Boise Valley ... Top Private Although world famous for its agriculture, Boise Employers has an equally vibrant St. Luke’s Regional Medical Ctr. 10,000 - 10,999 environment for a Micron Technology, Inc. 6,000 - 6,999 Saint Alphonsus Health System 5,000 - 5,999 variety of industries. West Ada School District 4,000 - 4,999 Boise State University 3,000 - 3,999 Boise School District 3,000 - 3,999 Walmart 3,000 - 3,999 Albertson’s 3,000 - 3,999 HP Inc. 1,000 - 1,999 Source 2019 Boise Valley Spotlight

E tokcommercial.comColumbia Road, Boise, Idaho This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 12 [12] commercial $267,889

Ada County Median: Home Value (STDBonline 2019)

2.6%

Boise MSA: Unemployment Rate (Dec. 2019) The Boise Valley The third largest metro in the Northwest and #80 largest in the $86,186 country.

Ada County Average: Household Income (STDBonline 2019)

E Columbia Road, Boise, Idaho Thistokcommercial.com information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 13 [13] 733,176 commercial Population: Metro Area (2019)

Moving Destination: Metro Area (2020) The Boise Valley Serves as the center of commerce, politics, and cultural events for the #1 & #3 region. America’s Best Run Cities: Nampa & Boise (2019) tokcommercial.comE Columbia Road, Boise, Idaho This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 14 [14] commercial 234,844 Population: Boise (2019)

Best Place to Live: Boise (Livability 2019) The Boise Valley Includes several of Idaho’s most highly populated cities. #1 Market | out-of-State Homebuyers: Metro Area (2019) tokcommercial.comE Columbia Road, Boise, Idaho This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 15 [15] commercial $21.10 Metro Avg. Hourly Wage: Business climate (2019)

39%

+$75K Household Income: Income Distribution (Boise, 2019) The Boise Valley 69% of the Boise Metro population is under the age of 50. 62% White Collar Workers Employee profile (BVeP, 2019) tokcommercial.comE Columbia Road, Boise, Idaho This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 16 [16] CALL FOR EAST COLUMBIA ROAD OFFERS DEVELOPMENT GROUND FOR SALE | BOISE, IDAHO BIDS DUE JUNE 29 | 2:00PM MST

NEW! 1.84 ACRES

E Columbia Road, Boise, Idaho Michael Ballantyne, CCIM, SIOR | 208.947.0831 | [email protected] This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only. tokcommercial.com 17 [17]