Growth in North Idaho has never stopped, despite the perception of the market. It’s just slowed down… ‘cept it looks like it’s starting to pick up again. Post Falls Idaho is growing even faster than other North Idaho towns, mainly because Post Falls has more land available for growth. Coeur d’Alene has pretty much used up the land within their city boundaries and since more and more people desire to live in North Idaho, the growth has to go somewhere.
“The preliminary subdivision plan allows for an expansion of commercial development that will incorporate and spread the atmosphere created by the Tullamore development across the street,” the project description states. “The project includes a retail center consisting of multiple building pads/lots in the area closest to Highway 41, and three parcels located to the east of the retail center which will be reserved for future commercial/office/retail development.”
Article here.
Filed under: Economics of North Idaho, For Buyers, For Investors, For Sellers | Tagged: development, growth, north idaho
I’m very happy to read that things are moving along the residential development. Many of my clients are developers and they are having a rough go-of-it. Although the banks have virtually stopped lending on residential construction, I still have some private investors willing to fund good projects. I hope this is the start of an up-trend.
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