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A sneak preview for Cd'A projects

Ralph Bartholdt Staff Writer | Hagadone News Network | UPDATED 7 years, 10 months AGO
by Ralph Bartholdt Staff Writer
| February 18, 2018 12:00 AM

COEUR d’ALENE — Before a midweek snowstorm temporarily shut down the projects, Coeur d’Alene residents got an early look at a series of building projects slated for the city this year.

The half-dozen projects are worth more than $25 million and work will likely begin again after the snow melts and before the spring construction season kicks in some time around May.

So far this year, fewer permits have been issued by the city compared to last year, but they are worth a lot more.

The city’s four-story parking garage — a $7.3 million project to be completed by the end of summer and one of the most visible of this year’s projects — is located at the corners of Third and Fourth streets and Coeur d’Alene Avenue.

This week’s snowfall did not stop construction on the 360-space garage as contractors began pouring footings, which will be inspected by city as well as private, third-party inspectors — a process the city began a few years ago for its public work projects.

“They verify it’s done right according to the codes that we use,” said Sam Taylor, deputy city administrator. City inspectors then review the third-party reports.

The Lake Apartments project, across the street from the Coeur d’Alene public library at 821 E. Mullan Ave., will comprise three buildings covering 45,000 square feet and 45 apartment units.

Two permits valued at $1 million each have been issued for the site, which was in the foundation stages when Wednesday’s snowstorm shut down the work. The city’s urban renewal agency, ignitecda, will fund $568,000 in public improvements, which will be reimbursed to the developer over time using property taxes generated solely from the apartments until 2022.

“If they haven’t been paid back in that timeframe, then we don’t give them any more money, and no one does,” said Tony Berns, executive director of ignitecda.

The contract with ignitecda stipulates that refunds will run until the Lake District — ignitecda’s local improvement district — sunsets three years from now.

A block to the west, a seven-story, 33,000-square-foot luxury condominium project called Seven27 — its address is 727 Front Ave. — has been approved by the city, but contractor Ginno Construction has not yet filed for permits. Once a permit is issued, the contractor has six months to break ground.

Staybridge Suites at 1347 W. Riverstone Drive, next to McDonald’s alongside Northwest Boulevard, broke ground this year on a $10 million, 71,000-square-foot hotel. The Suites will be five stories and have 96 rooms.

A 93,000-square-foot, $3 million remodel of the Shilo Inn at 702 W. Appleway will include adding a portico, with work set to be completed this year.

Tucked into a one-acre lot adjacent to the northeast corner of The Coeur d’Alene Resort Golf Course, a 30-unit multi-family housing project — called the Coeur d’Alene Lake Drive apartments — two blocks south of East Sherman Avenue is also scheduled for groundbreaking. Contractors have not yet applied for a building permit for the work, according to the city.

Permits for a 20-unit, $1.6 million low-income housing complex at 3855 N. Hudson Circle near Winco were issued last month. The job’s contractor, Whitewater Creek Inc. of Hayden, specializes in bringing affordable housing units to North Idaho.

Although this year’s building market appears robust, more permits — around 445 — were issued last year compared to about 245 this year, according to the city. The value of this year’s permits however, $45 million in January and February compared to around $14 million during the same period last year, is far greater than a year ago.

“What triggers that is the large commercial projects coming in,” Ted Lantzy, the commercial plan evaluator for the city, said. “Big projects add up quickly.”

So far this fiscal year, between October and now, 338 building permits valued at $127 million have been issued, according to the city. In fiscal year 2016-2017, the city issued 1,295 permits valued at $133 million.

“We’re in February and we’re almost caught up to what we did the entire fiscal year (last year),” Lantzy said.

ARTICLES BY RALPH BARTHOLDT STAFF WRITER

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