Big news!!!
12 story retail & condo building (153 feet tall) proposed in downtown Cd'A...the proposed building would be across the street from the 9 story Coeur d'Alene North Condos, one block away from the 10 story Lake Tower Apartments, and about 2 blocks from the 18 story Coeur d'Alene Resort.
The story mentions one resident of the Coeur d'Alene North Condos who lives on the 7th floor and is upset that her views of the lake might be partially blocked but the article also mentions a resident of a lower floor saying that the new building would be good for downtown.
I don't know the developer but after checking out the website, I did find renderings! I think this project has a greater than 50% chance of being completed.
Newspaper article:
COEUR d'ALENE - A Colorado company is proposing to build a 12-story retail and apartment building in the heart of downtown Coeur d'Alene, adjacent to some highrise apartments already there.
Austin Lawrence Partners, a real estate development firm out of Aspen, Colo., hopes to break ground on the 125,000-square-foot, 60-unit luxury-apartment building, called One Lakeside at 201 N. First St., in the spring.
The proposed mixed-use building would sell one-, two- and three-bedroom apartments with "high-end finishes and appliances," according to the company's website. A 12-unit apartment building, called Lakeside Apartments, currently sits on the 20,000-square-foot lot, which Austin Lawrence Partners purchased in April 2012.
"It is known to be one of the prized remaining parcels adjacent to the lakeshore in downtown Coeur d'Alene," the company wrote about the project. "One of Idaho's premiere resort destinations. This parcel is within steps of The Coeur d'Alene Resort, lakefront and downtown marina."
According to the company website, the apartments would range from 750 to 3,400 feet, boasting "ample living and deck space, outstanding city and lake views, a rooftop outdoor pool, exercise facility, and lounging areas."
The building would sit across Lakeside Avenue from the Coeur d'Alene Chamber of Commerce building, directly south of the 9-story Coeur d'Alene North Condominiums.
Some neighbors aren't wild about the proposal.
They said they're concerned the building will obstruct their lake views, block light into their building and negatively affect their property values once lake views are obstructed.
Other residents on the lower level of the condos, like Mark Curtis, said they would welcome the change, and think the proposed mixed-use building could help draw business and people downtown.
"It's progress," Curtis said.
Austin Lawrence Partners plans to obtain approvals from the city this fall.
The developers tout the location being close to downtown shopping, North Idaho College and the race course for Ironman on the website. The site didn't list an estimated cost of the project, or what the price range for the apartments could be.
The proposed building includes commercial space on the ground level, underground parking, and would stand around 153 feet tall.
The height alone fits under the city's downtown building guidelines, Yadon said. Height allowances are based on floor area size as well as a number of variables developers can incorporate into their building design that grants them extra height. The maximum limit downtown tops out at 220 feet.
If ground is broken in the spring, a reservation program for the apartments would go into effect winter of 2013 and early 2014, according to the company.
Source:
http://www.cdapress.com/news/local_n...2111ff743.html
Rendering:
Source:
http://www.alpaspen.com/one-lakeside.php