The River @ Parkway Station Garden City, ID

Parkway Station is a mixed-income planned neighborhood in the quickest growing cultural and arts district of Boise, the enclave of Garden City. The River at Parkway Station is located less than a quarter mile from the Boise River and the central pedestrian and bike pathway of the Greenbelt that runs up and down the river. It is one mile from the waterfront park with its surfing, paddleboarding and other recreational activities, and 3 miles from downtown Boise. This vertical mixed-use development is comprised of a mix of multifamily units built around a central parking structure.

Project Details

Units:

70 total residential units

8 1 bed/1 bath (803 sqft)

58 2 bed/2 bath (1,063 to 1,188 sqft)

4 3 bed/2 bath (1,576 sqft)

Square Feet:
92,243
Entitlements:
4 months
Construction Length:
14 months
Long Term Financing:
65% Loan to Value Max
Estimated Total Cost:
$21.885 MM
Target IRR:
29.53%