Business News
Skinny condo building to sell cheaper units
04:03 PM MDT on Wednesday, August 27, 2008
Courtesy Aspen Lofts
An artist's rendering of the Aspen Lofts
BOISE - Idaho’s tallest residential building reached its highest point today.
The Aspen Lofts on Front Street near BoDo hit the construction milestone this morning – reaching the 17 story level. The project began just eleven months ago, and is slated to open this December.
“Good planning and constant communication between the builder and developer has made this project one of the fastest and most efficient projects in the northwest,” contractor Dan Sweig said in a prepared statement.
Developer Scott Kimball also started phase two of condo sales in the building – this time focusing on the workforce segment of the market, with units starting at $169,000.
The condos are located on the fifth through ninth floors, and will offer smaller floor plans and fewer custom options than the luxury units on higher floors. But Kimball stresses the latest offerings will still feature many of the same amenities.
“I think people who work in the downtown core will find these condos to be a very realistic and advantageous option in today’s housing market,” Kimball said in a prepared statement.
The ‘skinny-scraper’ is being built on a small piece of land next to the City Centre Garage near the BoDo Development. The building will feature retail space along the street and condos on upper floors. A grand opening ceremony will be held in December – and Kimball expects to close on all units in the building by January.
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