Analysis: Covid-19's Impact on Land and Development in Idaho

Submitted by Anonymous (not verified) on Wed, 05/20/2020 - 08:05
Image of Boise MSA Eagle Idaho

COVID-19's "New Normal" Evaluated

As we continue to see the market rapidly change due to the effects of COVID-19, we are constantly hearing the question, "What is TOK’s outlook on the future of the real estate market in the Boise MSA?"

Although at this point this seems to be a question better suited for a crystal ball, our Land brokerage team, comprised of Michael Ballantyne, Lenny Nelson, and Sam McCaskill will weigh in on how exactly the virus has altered the real estate market.  They will explore how asset classes, municipalities and future growth opportunities across the Boise Valley could be impacted.

Over the next few weeks, we will share a series of posts where we tackle a different subject that we feel is most important during this time of uncertainty. We welcome all questions stemming from our thoughts and we look forward to interacting with our readers.

The topics we plan to cover, include:

  • General overview on the commercial real estate market
  • How the COVID-19 pandemic has affected municipalities' handling of the development process in their communities 
    • Boise, Meridian, Nampa, Caldwell, Kuna, Eagle, Garden City
  • Asset classes frequently dealt with by our land team 
    • Residential Land
    • Multifamily Land
    • Commercial Land
  • Predictions Moving Forward 

Five Locations to Serve You

Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
 

Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600

Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694

Idaho Falls Office
1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148

Coeur d'Alene Office
3322 N. Grand Mill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908