Retail construction in the Treasure Valley has been minimal this year with the only active sector being single-tenant pad buildings. As construction costs continue to increase, many developers have found that single-tenant buildings (with a tenant in-tow) present far less risks than spec construction.
New single-tenant pads include O’Reilly off of Idaho Center Blvd., Del Taco in Caldwell, and PIVOT Lifestyle + Fitness Center at Ten Mile Crossing.
The PIVOT Lifestyle + Fitness Center is especially interesting. This new health and fitness center was developed by three-time Olympic gold medalist Kristin Armstrong. The Ten Mile Crossing location is the first of four PIVOT centers expected to open in the Treasure Valley. The other locations to be opened in the next three to ten months include Pioneer Crossing in downtown Boise, Barber Station in southeast Boise, and Eagle View at Eagle and Overland roads. You can read more about it here.