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Old Posted Mar 7, 2024, 3:30 PM
TVurban TVurban is offline
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Join Date: Nov 2015
Location: Boise
Posts: 316
Quote:
Originally Posted by Boisebro View Post
i wonder if the Ovation will get underway once the Arthur wraps up. i know all of these projects are putting a strain on finding enough construction workers.
The were was an interesting article in the Statesman the other day about the amount of projects vs labor and how business are handling them. There's some fear in the industry about when Micron's expansion truly takes off.


Fears mount for Idaho construction industry as billion-dollar mega-projects move forward

https://www.idahostatesman.com/news/business/article285537207.html

Quote:
A new battle could be brewing for Idaho’s construction industry. As developers seek to continue transforming the Treasure Valley, filling in dirt lots in Boise with towers and building new neighborhoods in Eagle, there are growing concerns that incoming mega-projects such as the $15 billion Micron expansion and the new data center for Meta in Kuna could tie up the vast majority of construction workers in a state already facing labor shortages.

Developers and industry insiders say the mega-projects projects could squeeze the state of its tradesmen and hinder other developments, such as the 26-story Arthur apartments going up at 12th and Idaho streets. The Arthur would have more floors than any other Idaho building, though its highest point would still be lower than the top of the 18-story Eighth & Main (Zions Bank) building’s spire.

These fears come on the heels of a construction market swinging back from sour conditions in 2023 that saw developers pull back on projects such as the 13-story Idaho Central Credit Union building on 4th Street amid swelling interest rates, increasing construction costs and a labor shortage, according to prior Idaho Statesman reporting.

Read more at: https://www.idahostatesman.com/news/business/article285537207.html#storylink=cpy
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